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Terraced house in La Reserva de Marbella
La Reserva de Marbella, Spain
REF: 898706
€260,000
Description
This magnificent townhouse, located in the exclusive area of La Reserva de Marbella, is an excellent opportunity for those wishing to invest in a property with great potential for profitability. With a constructed area of 101 square meters, the property is distributed as follows: on the first floor we find a living room, kitchen, bedroom with en suite bathroom and a porch at the entrance overlooking the sea. On the second floor we have the master bedroom, a bathroom and a large terrace facing east and overlooking the sea and golf. The location of this villa is unbeatable and the urbanisation has communal gardens and swimming pool. There are shops of all kinds within a 5 min drive. La Reserva de Marbella is known for being quiet and residential, perfect for those looking for a relaxed lifestyle away from the hustle and bustle of the city. Here you will find tree-lined streets, parks and gardens, as well as a wide range of restaurants, shops and services nearby. In short, this townhouse in La Reserva de Marbella is an excellent opportunity for those who wish to reform and achieve profitability. With its sea views, its large terrace and its privileged location, this property has everything you need to become the home of your dreams.
This magnificent townhouse, located in the exclusive area of La Reserva de Marbella, is an excellent opportunity for those wishing to invest in a property with great potential for profitability. With a constructed area of 101 square meters, the property is distributed as follows: on the first floor we find a living room, kitchen, bedroom with en suite bathroom and a porch at the entrance overlooking the sea. On the second floor we have the master bedroom, a bathroom and a large terrace facing east and overlooking the sea and golf. The location of this villa is unbeatable and the urbanisation has communal gardens and swimming pool. There are shops of all kinds within a 5 min drive. La Reserva de Marbella is known for being quiet and residential, perfect for those looking for a relaxed lifestyle away from the hustle and bustle of the city. Here you will find tree-lined streets, parks and gardens, as well as a wide range of restaurants, shops and services nearby. In short, this townhouse in La Reserva de Marbella is an excellent opportunity for those who wish to reform and achieve profitability. With its sea views, its large terrace and its privileged location, this property has everything you need to become the home of your dreams.
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Currency Exchange
La Reserva de Marbella, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
La Reserva de Marbella, 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 £8,096 more.
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