Fantastic opportunity for investment, your own holiday apartment or a permanent home in the sun! This 1 bedroom, 1 bathroom south-west facing apartment is located in the heart of Benalmadena in the popular Minerva complex, just 600 metres from Santa Ana beach, very close to the lush, green zone of P

Benalmadena, Benalmadena, Spain

For Sale

€140,000

REF: 634450 €140,000


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Description

Fantastic opportunity for investment, your own holiday apartment or a permanent home in the sun! This 1 bedroom, 1 bathroom south-west facing apartment is located in the heart of Benalmadena in the popular Minerva complex, just 600 metres from Santa Ana beach, very close to the lush, green zone of Parque de la Paloma and with shops, restaurants, bars, and all the local amenities (including a local ice rink!) on your doorstep.

This family-friendly complex features a large community pool area with children's pool and water slides, as well as a large tropical garden. Security is also covered here as the building has a secure 24-hour reception area and communal parking is available for residents too. Has a good track record of holiday rentals so if you are looking to invest, this could be it.
Fantastic opportunity for investment, your own holiday apartment or a permanent home in the sun! This 1 bedroom, 1 bathroom south-west facing apartment is located in the heart of Benalmadena in the popular Minerva complex, just 600 metres from Santa Ana beach, very close to the lush, green zone of Parque de la Paloma and with shops, restaurants, bars, and all the local amenities (including a local ice rink!) on your doorstep.

This family-friendly complex features a large community pool area with children's pool and water slides, as well as a large tropical garden. Security is also covered here as the building has a secure 24-hour reception area and communal parking is available for residents too. Has a good track record of holiday rentals so if you are looking to invest, this could be it.
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Currency Exchange

Benalmadena, Benalmadena, 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 €140,000 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
€140,000 £117,062 £126,293 £9,230
Property Price € €140,000
Minimum cost in the last six months £117,062
Maximum cost in the last six months £126,293
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,230

Benalmadena, Benalmadena, 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 €140,000 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
€140,000 £117,062 £126,293 £9,230
Property Price € €140,000
Minimum cost in the last six months £117,062
Maximum cost in the last six months £126,293
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,230

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 £9,230 more.

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