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Mare is a new residential of apartments of 2 and 3 bedrooms and penthouses of 4 bedrooms and 2 to 3 bathrooms, only 4 minute walk away from the sea front promenade and 3 minutes from the ancient part of San Pedro de Alcantara, in the new expanding area towards Marbella beach and near Puerto Banus ca
San Pedro de Alcantara, Malaga, Spain
REF: 894972
€720,000
Description
Mare is a new residential of apartments of 2 and 3 bedrooms and penthouses of 4 bedrooms and 2 to 3 bathrooms, only 4 minute walk away from the sea front promenade and 3 minutes from the ancient part of San Pedro de Alcantara, in the new expanding area towards Marbella beach and near Puerto Banus called the New alcantara. Mare offers homes designed to provide maximum comfort for their residents, with a selection of top-quality materials from prestigious brands, and a carefully considered design. They boast a perfect air conditioning system, which adapts to the temperature during the colder months as well as the warmer ones and have optimal soundproofing between the homes and the exterior. Constructed in compliance with the regulations contained in the new Technical Building Code (CTE), these homes are at the forefront of the market, providing the highest levels of energy efficiency. The area has wide and modern avenues with cycling lanes, gardens, public transport, all of this surrounded by restaurants and stores. Estimated completion date: Phase 1: June 2025 (Building 1, 2, 3) Phase 2: November 2025 (Building 4, 5, 6
Mare is a new residential of apartments of 2 and 3 bedrooms and penthouses of 4 bedrooms and 2 to 3 bathrooms, only 4 minute walk away from the sea front promenade and 3 minutes from the ancient part of San Pedro de Alcantara, in the new expanding area towards Marbella beach and near Puerto Banus called the New alcantara. Mare offers homes designed to provide maximum comfort for their residents, with a selection of top-quality materials from prestigious brands, and a carefully considered design. They boast a perfect air conditioning system, which adapts to the temperature during the colder months as well as the warmer ones and have optimal soundproofing between the homes and the exterior. Constructed in compliance with the regulations contained in the new Technical Building Code (CTE), these homes are at the forefront of the market, providing the highest levels of energy efficiency. The area has wide and modern avenues with cycling lanes, gardens, public transport, all of this surrounded by restaurants and stores. Estimated completion date: Phase 1: June 2025 (Building 1, 2, 3) Phase 2: November 2025 (Building 4, 5, 6
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Currency Exchange
San Pedro de Alcantara, Malaga, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €720,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
San Pedro de Alcantara, Malaga, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €720,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,421 more.
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