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Alcazaba Beach, Beachside two bedroom penthouse with sea views
Punta Plata, Spain
REF: 946650
€996,000
Description
Nestled within the prestigious gated community of Alcazaba Beach, this penthouse is a gem within the fourth phase, completed in 2006, offering unrivaled convenience with Estepona town center just a quick 3-minute drive away and Marbella a mere 25 minutes' drive. A leisurely stroll through the lush tropical gardens leads to the pristine beachfront. Perched on the top floor and easily accessible via lift, this residence boasts a spacious living room and dining area connected to a fully equipped kitchen and laundry space. Sliding doors open onto a sunny terrace with shower, providing views of the communal areas, pool and a glimpse of the Mediterranean sea. The penthouse comprises two double bedrooms, one of which boasts an en-suite bathroom with a luxurious jacuzzi bath, built-in wardrobes, and direct terrace access. The second bedroom also offers built-in wardrobes and is served by a guest bathroom with a walk-in shower. Included with the apartment is an underground garage space and a storage room. The complex itself boasts extensive garden areas, seven swimming pools (including a heated option), a gymnasium, tennis courts, and a restaurant offering a diverse array of culinary delights and beverages during the high season. #ref:DM5245
Nestled within the prestigious gated community of Alcazaba Beach, this penthouse is a gem within the fourth phase, completed in 2006, offering unrivaled convenience with Estepona town center just a quick 3-minute drive away and Marbella a mere 25 minutes' drive. A leisurely stroll through the lush tropical gardens leads to the pristine beachfront. Perched on the top floor and easily accessible via lift, this residence boasts a spacious living room and dining area connected to a fully equipped kitchen and laundry space. Sliding doors open onto a sunny terrace with shower, providing views of the communal areas, pool and a glimpse of the Mediterranean sea. The penthouse comprises two double bedrooms, one of which boasts an en-suite bathroom with a luxurious jacuzzi bath, built-in wardrobes, and direct terrace access. The second bedroom also offers built-in wardrobes and is served by a guest bathroom with a walk-in shower. Included with the apartment is an underground garage space and a storage room. The complex itself boasts extensive garden areas, seven swimming pools (including a heated option), a gymnasium, tennis courts, and a restaurant offering a diverse array of culinary delights and beverages during the high season. #ref:DM5245
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Currency Exchange
Punta Plata, 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 €996,000 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 |
|---|---|---|---|
| €996,000 | £820,604 | £857,397 | £36,792 |
| Property Price € | €996,000 |
| Minimum cost in the last six months | £820,604 |
| Maximum cost in the last six months | £857,397 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,792 |
Punta Plata, 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 €996,000 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 |
|---|---|---|---|
| €996,000 | £820,604 | £857,397 | £36,792 |
| Property Price € | €996,000 |
| Minimum cost in the last six months | £820,604 |
| Maximum cost in the last six months | £857,397 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,792 |
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 £36,792 more.
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