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This beachside apartment is a unique investment opportunity
Fuengirola, Malaga, Spain
REF: 896940
€745,500
Description
This beachside apartment is a unique investment opportunity. Facing south and west, it offers luminosity all day and impressive views of the sea, the coast, mountains and a castle. Renovated and in excellent condition, it has a fully equipped kitchen, marble floors and renovated bathrooms. Ideal for families, it has a terrace balcony, built-in wardrobes and a spacious living room. Located in a popular and quiet urbanization, with gardens and two communal swimming pools, it is just a few minutes from shops, restaurants, the beach and a golf course. Perfect for tourism or as a permanent residence, this property stands out for its high rental potential, private security and possibility of expansion. Without a doubt, a quality property in a privileged area, ready to enjoy the best coastal lifestyle. Apartment, Beachside, Equipped Kitchen, Parking: None, Communal Pool, Garden: Community with Pool, Facing: South and West Views: Beach, Castle, City, Coastal, Countryside, Green Zones, Mountains, Sea Features: 2 Community Pools, 5-10 minutes to Golf Course, 5-10 minutes to shops, Area suitable for tourism, Automatic Entrance, Children s Pool, Close to all Amenities, Close to schools, Completely Equipped Kitchen, Condition - Fairly Good, Covered Terrace, En suite, Fitted Wardrobes, Good Rental Potential, Good Road Access, Green Zones, Ideal Family Home, Investment Property, Lift, Lounge Dining Area, Marble Bathroom, Marble Floors, Popular Urbanisation, Possibility of extension, Prestigious Area, Private Security Company, Private Terrace, Quality Residence, Quiet Location, Renovated, Renovated bath, Terrace balcony, Walking distance to beach, Walking distance to rest., Walking distance to shops, Walking distance to t. centre
This beachside apartment is a unique investment opportunity. Facing south and west, it offers luminosity all day and impressive views of the sea, the coast, mountains and a castle. Renovated and in excellent condition, it has a fully equipped kitchen, marble floors and renovated bathrooms. Ideal for families, it has a terrace balcony, built-in wardrobes and a spacious living room. Located in a popular and quiet urbanization, with gardens and two communal swimming pools, it is just a few minutes from shops, restaurants, the beach and a golf course. Perfect for tourism or as a permanent residence, this property stands out for its high rental potential, private security and possibility of expansion. Without a doubt, a quality property in a privileged area, ready to enjoy the best coastal lifestyle. Apartment, Beachside, Equipped Kitchen, Parking: None, Communal Pool, Garden: Community with Pool, Facing: South and West Views: Beach, Castle, City, Coastal, Countryside, Green Zones, Mountains, Sea Features: 2 Community Pools, 5-10 minutes to Golf Course, 5-10 minutes to shops, Area suitable for tourism, Automatic Entrance, Children s Pool, Close to all Amenities, Close to schools, Completely Equipped Kitchen, Condition - Fairly Good, Covered Terrace, En suite, Fitted Wardrobes, Good Rental Potential, Good Road Access, Green Zones, Ideal Family Home, Investment Property, Lift, Lounge Dining Area, Marble Bathroom, Marble Floors, Popular Urbanisation, Possibility of extension, Prestigious Area, Private Security Company, Private Terrace, Quality Residence, Quiet Location, Renovated, Renovated bath, Terrace balcony, Walking distance to beach, Walking distance to rest., Walking distance to shops, Walking distance to t. centre
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Currency Exchange
Fuengirola, 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 €745,500 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 |
|---|---|---|---|
| €745,500 | £617,505 | £640,720 | £23,215 |
| Property Price € | €745,500 |
| Minimum cost in the last six months | £617,505 |
| Maximum cost in the last six months | £640,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,215 |
Fuengirola, 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 €745,500 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 |
|---|---|---|---|
| €745,500 | £617,505 | £640,720 | £23,215 |
| Property Price € | €745,500 |
| Minimum cost in the last six months | £617,505 |
| Maximum cost in the last six months | £640,720 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,215 |
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 £23,215 more.
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