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Phase I is ready to move in December 2023 (Southwest facing and sold out)
Istan, Malaga, Spain
REF: 598959
€585,000
Description
Phase I is ready to move in December 2023 (Southwest facing and sold out). Phase II is under construction, you move in September 2024 (Southeast facing and available). Phase III (Southwest facing) will be initiated when phase II is ready. New townhouse development of 45 units in a modern design on the road to the picturesque village of Istán above Nueva Andalucia. PRICES FROM 585,000. These new homes are situated close to the Sierra Blanca Country Club resort, in an area of exceptional natural beauty with hundred-year-old forests and panoramic views of the Marbella Bay and the great Istán reservoir. Design is a mix of contemporary with a rustic appearance in order to blend these houses into the natural surroundings. All units come with large terraces, communal pool and gardens. SPECS include aero-thermal system for the air-conditioning hot & cold controlled in each room, blinds in bedrooms, ceramic tiling by the mark Saloni, fully fitted kitchen in truffle oak colour along with silestone work top, etc. Included in the price is 1 underground parking space + 1 storeroom per unit. Energy rating B is obtained by insulation in floors, roofs, facades. All homes enjoy open views, with a Southeast or Southwest orientation. Construction is underway and the homes are expected to be ready November 2023. These houses will form part of a gated community with landscaped gardens, pool areas and will consist of both townhouses and apartments. THE AREA: Distance to Nueva Andalucia and the coast is approx. 6 km, to the picturesque village of Istán approx. 9 km. The municipality of Istán sits halfway between the coast and the Sierra de las Nieves mountains, and it is partly within the Nature Reserve of the same name, declared a Biosphere Reserve. The Río Verde runs through its territory, traversing exceptional scenery before reaching the Concepción Reservoir. In the midst of this paradise there are two different types of residential areas. On one side, the village of Istán, high up the mountain, with fountains, viewpoints and picturesque corners. Istán is also known as the Springs of the Costa del Sol or The Green Mile. On the other side, the area with international urbanisations, closer to Marbella,
Phase I is ready to move in December 2023 (Southwest facing and sold out). Phase II is under construction, you move in September 2024 (Southeast facing and available). Phase III (Southwest facing) will be initiated when phase II is ready. New townhouse development of 45 units in a modern design on the road to the picturesque village of Istán above Nueva Andalucia. PRICES FROM 585,000. These new homes are situated close to the Sierra Blanca Country Club resort, in an area of exceptional natural beauty with hundred-year-old forests and panoramic views of the Marbella Bay and the great Istán reservoir. Design is a mix of contemporary with a rustic appearance in order to blend these houses into the natural surroundings. All units come with large terraces, communal pool and gardens. SPECS include aero-thermal system for the air-conditioning hot & cold controlled in each room, blinds in bedrooms, ceramic tiling by the mark Saloni, fully fitted kitchen in truffle oak colour along with silestone work top, etc. Included in the price is 1 underground parking space + 1 storeroom per unit. Energy rating B is obtained by insulation in floors, roofs, facades. All homes enjoy open views, with a Southeast or Southwest orientation. Construction is underway and the homes are expected to be ready November 2023. These houses will form part of a gated community with landscaped gardens, pool areas and will consist of both townhouses and apartments. THE AREA: Distance to Nueva Andalucia and the coast is approx. 6 km, to the picturesque village of Istán approx. 9 km. The municipality of Istán sits halfway between the coast and the Sierra de las Nieves mountains, and it is partly within the Nature Reserve of the same name, declared a Biosphere Reserve. The Río Verde runs through its territory, traversing exceptional scenery before reaching the Concepción Reservoir. In the midst of this paradise there are two different types of residential areas. On one side, the village of Istán, high up the mountain, with fountains, viewpoints and picturesque corners. Istán is also known as the Springs of the Costa del Sol or The Green Mile. On the other side, the area with international urbanisations, closer to Marbella,
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Currency Exchange
Istan, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £497,654 | £512,747 | £15,093 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £497,654 |
| Maximum cost in the last six months | £512,747 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,093 |
Istan, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £497,654 | £512,747 | £15,093 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £497,654 |
| Maximum cost in the last six months | £512,747 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,093 |
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 £15,093 more.
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