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The Colinas Del Faro complex is located in the El Faro a residential complex of Mijas Costa and is in a privileged area of the Costa del Sol, between Fuengirola and Marbella
Mijas Costa, Malaga, Spain
REF: 647683
€225,000
Description
The Colinas Del Faro complex is located in the El Faro a residential complex of Mijas Costa and is in a privileged area of the Costa del Sol, between Fuengirola and Marbella. The development of new properties is only a few minutes walk to the beach & local shops, approx 20 minutes drive from Malaga airport and the capital of the province. Colinas Del Faro maintains the Andalusian style, with large sunny terraces. Brand new apartments selling quickly due to low prices. Fully fitted kitchens with high quality appliances & utility room. Underground parking spaces + storage included with 2 bedroom apartments. Walking distance to restaurants, shops, bars, bus stops and beaches. A short drive to the best International golf courses. Beautiful Mediterranean style complex with swimming pool and gardens. All with Stunning terraces. 1 and 2 bedroom apartments to choose from.
The Colinas Del Faro complex is located in the El Faro a residential complex of Mijas Costa and is in a privileged area of the Costa del Sol, between Fuengirola and Marbella. The development of new properties is only a few minutes walk to the beach & local shops, approx 20 minutes drive from Malaga airport and the capital of the province. Colinas Del Faro maintains the Andalusian style, with large sunny terraces. Brand new apartments selling quickly due to low prices. Fully fitted kitchens with high quality appliances & utility room. Underground parking spaces + storage included with 2 bedroom apartments. Walking distance to restaurants, shops, bars, bus stops and beaches. A short drive to the best International golf courses. Beautiful Mediterranean style complex with swimming pool and gardens. All with Stunning terraces. 1 and 2 bedroom apartments to choose from.
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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 €225,000 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 |
|---|---|---|---|
| €225,000 | £191,405 | £197,222 | £5,816 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £191,405 |
| Maximum cost in the last six months | £197,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,816 |
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 €225,000 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 |
|---|---|---|---|
| €225,000 | £191,405 | £197,222 | £5,816 |
| Property Price € | €225,000 |
| Minimum cost in the last six months | £191,405 |
| Maximum cost in the last six months | £197,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,816 |
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 £5,816 more.
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