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FABULOUS OPPORTUNITY!! Due to a change in personal circumstances, we bring onto the market this lovely studio, totally refurbished and ready to live in or rent out, in one of Fuengirola s best kept secret locations: Plaza de San Juan
Fuengirola, Malaga, Spain
REF: 925103
€195,000
Description
FABULOUS OPPORTUNITY!! Due to a change in personal circumstances, we bring onto the market this lovely studio, totally refurbished and ready to live in or rent out, in one of Fuengirola s best kept secret locations: Plaza de San Juan. Located in an unbeatable location and a throwstone away from all amenities and the beach. The studio is light and airy and has been tastefully refurbished with luxurious finishes througout: a new kitchen with silestone worktop and integrated German appliances, new shower room and wardrobes to make the most of every inch of space. The 5sq meter terrace overlooks the stunning Andalucian-style square, designed by acclaimed architect Donald Gray and is part of a closed urbanisation with is totally secured and offers reserved parking for residents. There is a new air conditioning unit hot and cold for all year comfort. Additionally, the property has an introuders alarm in place. Sold furnished. This is an extraordinarily low-maintenance apartment, with community charges under 15 euros per month including water and IBI under 200 euros a year! Since the apartment was built before the existence of the LPO, the apartment obtained a similar certification by an architect in 2021 and would be suitable for tourist rentals subject to the relevant application. A fantastic investment, perfect for a single person or couple looking for a quiet spot in the center of town or a cash-cow for rentals. Keys at the office for easy viewings! **Please note that there a few steps (less than a first floor flat) to access the apartment.
FABULOUS OPPORTUNITY!! Due to a change in personal circumstances, we bring onto the market this lovely studio, totally refurbished and ready to live in or rent out, in one of Fuengirola s best kept secret locations: Plaza de San Juan. Located in an unbeatable location and a throwstone away from all amenities and the beach. The studio is light and airy and has been tastefully refurbished with luxurious finishes througout: a new kitchen with silestone worktop and integrated German appliances, new shower room and wardrobes to make the most of every inch of space. The 5sq meter terrace overlooks the stunning Andalucian-style square, designed by acclaimed architect Donald Gray and is part of a closed urbanisation with is totally secured and offers reserved parking for residents. There is a new air conditioning unit hot and cold for all year comfort. Additionally, the property has an introuders alarm in place. Sold furnished. This is an extraordinarily low-maintenance apartment, with community charges under 15 euros per month including water and IBI under 200 euros a year! Since the apartment was built before the existence of the LPO, the apartment obtained a similar certification by an architect in 2021 and would be suitable for tourist rentals subject to the relevant application. A fantastic investment, perfect for a single person or couple looking for a quiet spot in the center of town or a cash-cow for rentals. Keys at the office for easy viewings! **Please note that there a few steps (less than a first floor flat) to access the apartment.
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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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £169,221 | £8,561 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £169,221 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,561 |
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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £169,221 | £8,561 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £169,221 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,561 |
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 £8,561 more.
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