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This bright apartment, located in a quiet residential area on the outskirts of the city, is an excellent option for both families and investors
Fuengirola, Malaga, Spain
REF: 956433
€266,500
Description
This bright apartment, located in a quiet residential area on the outskirts of the city, is an excellent option for both families and investors. Facing east and south, it enjoys abundant natural light and partial views of the sea and the city. The property features a fitted kitchen, built-in wardrobes, and a master bedroom with an en-suite bathroom (which is now converted into a dressing room, but can easily be returned to its original state). It has an elevator, double-glazed windows, and pre-installed alarms. Although it needs some renovations, it offers the possibility of extension, which increases its value. The development has video surveillance, a communal pool, and well-maintained gardens. Its excellent location allows easy access to schools, shops, and restaurants, as well as being close to sports facilities such as tennis courts. There is no on-site parking, but (there is an option to purchase in the same building). With easy access to transport, this property represents a great investment opportunity in a well-connected area. Apartment, Town/village outskirts, Fitted Kitchen, Parking: None, Communal Pool, Garden: Community with Pool, Facing: East and South Views: City, Partial Sea Features: 5-10 minutes to shops, Close to schools, Conveniently Situated Tennis, Double glazing windows, En suite bathroom, Fitted Wardrobes, Ideal Family Home, Investment Property, Lift, Possibility of extension, Pre install Alarm, Residential Location, Some restoration needed, Video Cameras, Walking distance to rest., Walking distance to shops
This bright apartment, located in a quiet residential area on the outskirts of the city, is an excellent option for both families and investors. Facing east and south, it enjoys abundant natural light and partial views of the sea and the city. The property features a fitted kitchen, built-in wardrobes, and a master bedroom with an en-suite bathroom (which is now converted into a dressing room, but can easily be returned to its original state). It has an elevator, double-glazed windows, and pre-installed alarms. Although it needs some renovations, it offers the possibility of extension, which increases its value. The development has video surveillance, a communal pool, and well-maintained gardens. Its excellent location allows easy access to schools, shops, and restaurants, as well as being close to sports facilities such as tennis courts. There is no on-site parking, but (there is an option to purchase in the same building). With easy access to transport, this property represents a great investment opportunity in a well-connected area. Apartment, Town/village outskirts, Fitted Kitchen, Parking: None, Communal Pool, Garden: Community with Pool, Facing: East and South Views: City, Partial Sea Features: 5-10 minutes to shops, Close to schools, Conveniently Situated Tennis, Double glazing windows, En suite bathroom, Fitted Wardrobes, Ideal Family Home, Investment Property, Lift, Possibility of extension, Pre install Alarm, Residential Location, Some restoration needed, Video Cameras, Walking distance to rest., Walking distance to shops
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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 €266,500 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 |
|---|---|---|---|
| €266,500 | £219,569 | £225,483 | £5,914 |
| Property Price € | €266,500 |
| Minimum cost in the last six months | £219,569 |
| Maximum cost in the last six months | £225,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,914 |
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 €266,500 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 |
|---|---|---|---|
| €266,500 | £219,569 | £225,483 | £5,914 |
| Property Price € | €266,500 |
| Minimum cost in the last six months | £219,569 |
| Maximum cost in the last six months | £225,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,914 |
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 £5,914 more.
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