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Villa - Detached
Nueva Andalucia, Malaga, Spain
REF: 920501
€2,700,000
Description
This stunning south/west-facing, spacious villa is located just a three-minute walk from a variety of bars, restaurants, and a supermarket, with Puerto Banús only a 15-minute walk away. The villa is situated in a quiet area, offering total privacy within its grounds. The property is distributed over three levels, including a basement that has been transformed into an expansive games room, cinema, and bar area. There is still ample space for a gym or additional bedrooms, thanks to the abundance of natural light. The main living area features a spacious living and dining room that opens onto a covered terrace and the pool area. The kitchen is currently separate but adjoins the dining space, making it easy to convert into an open-plan layout. Two bedroom suites are also located on this level. The upper floor comprises three bedroom suites, including the master suite. Each bedroom has its own private terrace, offering stunning views of the Mediterranean Sea and the iconic La Concha mountain. Part of the basement was previously a large underground garage with space for several cars. This can easily be restored while still leaving a significant amount of basement space for other uses.
This stunning south/west-facing, spacious villa is located just a three-minute walk from a variety of bars, restaurants, and a supermarket, with Puerto Banús only a 15-minute walk away. The villa is situated in a quiet area, offering total privacy within its grounds. The property is distributed over three levels, including a basement that has been transformed into an expansive games room, cinema, and bar area. There is still ample space for a gym or additional bedrooms, thanks to the abundance of natural light. The main living area features a spacious living and dining room that opens onto a covered terrace and the pool area. The kitchen is currently separate but adjoins the dining space, making it easy to convert into an open-plan layout. Two bedroom suites are also located on this level. The upper floor comprises three bedroom suites, including the master suite. Each bedroom has its own private terrace, offering stunning views of the Mediterranean Sea and the iconic La Concha mountain. Part of the basement was previously a large underground garage with space for several cars. This can easily be restored while still leaving a significant amount of basement space for other uses.
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Currency Exchange
Nueva Andalucia, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,224,530 | £2,320,515 | £95,985 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,224,530 |
| Maximum cost in the last six months | £2,320,515 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £95,985 |
Nueva Andalucia, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,224,530 | £2,320,515 | £95,985 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,224,530 |
| Maximum cost in the last six months | £2,320,515 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £95,985 |
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 £95,985 more.
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