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Villa under construction for sale, modern, contemporary style, with high quality, luxury, located in Mijas Costa, El Faro de Calaburra, located walking distance to the beach
Mijas Costa, Malaga, Spain
REF: 599026
€2,150,000
Description
Villa under construction for sale, modern, contemporary style, with high quality, luxury, located in Mijas Costa, El Faro de Calaburra, located walking distance to the beach. It has spectacular views of the sea and mountains from all parts of the house and the plot. On the first floor there are two bedrooms with two full bathrooms and an office with another full bathroom, all with terraces with views. On the ground floor, two bedrooms with two full bathrooms, a toilet, large kitchen, separate laundry room, very spacious living room with access to terraces and pool and gardens with barbecue area. The basement has places for several cars, a large storage room, machine room, cinema area, wine cellar, kitchen and a room with a complete bathroom. Elevator from basement to first floor. Completion expected in approximately 10 months' time.
Villa under construction for sale, modern, contemporary style, with high quality, luxury, located in Mijas Costa, El Faro de Calaburra, located walking distance to the beach. It has spectacular views of the sea and mountains from all parts of the house and the plot. On the first floor there are two bedrooms with two full bathrooms and an office with another full bathroom, all with terraces with views. On the ground floor, two bedrooms with two full bathrooms, a toilet, large kitchen, separate laundry room, very spacious living room with access to terraces and pool and gardens with barbecue area. The basement has places for several cars, a large storage room, machine room, cinema area, wine cellar, kitchen and a room with a complete bathroom. Elevator from basement to first floor. Completion expected in approximately 10 months' time.
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Currency Exchange
Mijas Costa, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,828,984 | £1,884,454 | £55,470 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,828,984 |
| Maximum cost in the last six months | £1,884,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,470 |
Mijas Costa, 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 €2,150,000 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 |
|---|---|---|---|
| €2,150,000 | £1,828,984 | £1,884,454 | £55,470 |
| Property Price € | €2,150,000 |
| Minimum cost in the last six months | £1,828,984 |
| Maximum cost in the last six months | £1,884,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,470 |
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 £55,470 more.
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