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Investment Opportunity: Apartment in the Center of Fuengirola a step away from the beach
Centro Ciudad, Spain, 2964
REF: 728508
€180,000
Description
This 3-bedroom apartment, located just 500 meters from the beach in the center of Fuengirola, is an exceptional investment opportunity. Although it needs renovation, its location is unbeatable, next to Fuengirola Town Hall and only 3 minutes walk from the train station. With all kinds of services around and without the need to use a vehicle, its location is excellent. The apartment has two terraces, one facing east and one southwest, which provide the possibility of enjoying the sun and fresh air. Despite being on the third floor without an elevator, its potential is indisputable. The two terraces offer opportunities for outdoor entertaining and the property can be transformed into a bright and welcoming space with a refurbishment. The independent kitchen is a blank canvas to create a personalized and functional kitchen. This property is ideal for both those looking for a custom home and investors looking to take advantage of the rental market in this central area. Do not miss this unique opportunity. Contact us today for more details and to schedule a visit. This flat is your blank canvas to create the home you've always wanted in a prime location. Kasa Coast real estate of Fuengirola. #ref:KA0343
This 3-bedroom apartment, located just 500 meters from the beach in the center of Fuengirola, is an exceptional investment opportunity. Although it needs renovation, its location is unbeatable, next to Fuengirola Town Hall and only 3 minutes walk from the train station. With all kinds of services around and without the need to use a vehicle, its location is excellent. The apartment has two terraces, one facing east and one southwest, which provide the possibility of enjoying the sun and fresh air. Despite being on the third floor without an elevator, its potential is indisputable. The two terraces offer opportunities for outdoor entertaining and the property can be transformed into a bright and welcoming space with a refurbishment. The independent kitchen is a blank canvas to create a personalized and functional kitchen. This property is ideal for both those looking for a custom home and investors looking to take advantage of the rental market in this central area. Do not miss this unique opportunity. Contact us today for more details and to schedule a visit. This flat is your blank canvas to create the home you've always wanted in a prime location. Kasa Coast real estate of Fuengirola. #ref:KA0343
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Currency Exchange
Centro Ciudad, Spain, 2964
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,577 | £4,453 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,577 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,453 |
Centro Ciudad, Spain, 2964
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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,577 | £4,453 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,577 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,453 |
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 £4,453 more.
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