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Cuevas de San Marcos is a popular town in the Malaga province of Andalucia, with all the local amenities including schools, sports grounds, municipal swimming pool and a good infrastructure of shops, bars and restaurants
Cuevas de San Marcos, Malaga, Spain
REF: 397776
€50,000
Description
Cuevas de San Marcos is a popular town in the Malaga province of Andalucia, with all the local amenities including schools, sports grounds, municipal swimming pool and a good infrastructure of shops, bars and restaurants. This townhouse sits just a short walk from the center of town and has on street parking. Once inside there is a traditional entrance hall which opens to a good size dining room with stairwell and on to a small ground floor bedroom, lounge, kitchen and and full bathroom. On the first floor a spacious landing leads to a bright master bedroom at the front of the property and a second double bedroom to the rear that opens to a small covered terrace and storage room. The property is in good order and priced to sell.
Cuevas de San Marcos is a popular town in the Malaga province of Andalucia, with all the local amenities including schools, sports grounds, municipal swimming pool and a good infrastructure of shops, bars and restaurants. This townhouse sits just a short walk from the center of town and has on street parking. Once inside there is a traditional entrance hall which opens to a good size dining room with stairwell and on to a small ground floor bedroom, lounge, kitchen and and full bathroom. On the first floor a spacious landing leads to a bright master bedroom at the front of the property and a second double bedroom to the rear that opens to a small covered terrace and storage room. The property is in good order and priced to sell.
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Currency Exchange
Cuevas de San Marcos, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £43,405 | £2,210 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £43,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,210 |
Cuevas de San Marcos, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £43,405 | £2,210 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £43,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,210 |
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 £2,210 more.
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