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MALAGA REGION (EAST OF MALAGA CITY), HUGE INVESTMENT OPPORTUNITY PLOT WITH more than 60% DISCOUNT (in December 2022 the PLOT has been officially valued at 8
Málaga Este, Málaga, Spain
REF: 755933
€3,900,000
Description
MALAGA REGION (EAST OF MALAGA CITY), HUGE INVESTMENT OPPORTUNITY
PLOT WITH more than 60% DISCOUNT (in December 2022 the PLOT has been officially valued at 8.636.737,13 ,EUR)
2 kms from the beach and surrounded by a golf course, near a town and 25 kms from Malaga city centre
YOU CAN BUILD THE FOLLOWING
1. Hotel use such as hotels, motels, aparthotels, tourist apartments and in general those in the hospitality industry with tourist classification, as well as complementary annex facilities. (around 400 BEDROOMS)
2. Use of offices and those for professional offices, such as agencies, real estate, notaries, banks, Administration services.
3. Commercial use such as markets, supermarkets, shops, etc., as well as services for people, such as barber shops, saunas, beauty salons, etc.
4. Industry use: Transformation of raw or semi-finished materials, or their preparation for subsequent transformations.
5. Use of hospitality, such as cafes, bars. restaurants, discos, nightclubs, casinos, etc.
6. Use of community accommodation, such as Residences for the Elderly (370 BEDROOMS), Residence for Children, Residence for students, as well as complementary facilities.
7. Recreational use and social relations, such as shows, cinemas and theaters.
8. Use of health care and provision of medical or surgical services, with or without accommodation in them, such as hospitals, clinics, dispensaries, outpatient clinics, etc.
9. Educational use, such as Schools, Nurseries, Academies, Universities, etc.
10. Cultural use, such as libraries, archives, museums, theaters, research centers, associations, groups, civic.
Occupies an area of 16,295 m so you can build up to 21,735 m
NOTICE: NO RESIDENTIAL UNITS CAN BE BUIILT
It is part of a High-level sector, along with 900 homes, most of them single-family homes with a private garden
They enjoy an ideal microclimate for playing golf
30 minutes from Malaga Airport (eastern Costa del Sol!) With direct exit to the Malaga-Granada-Almería highway
18-hole course of great international prestige characterized by its wide greens, a great diversity of obstacles that offers a variety of strokes and an ideal design for all types of handicappers. With the attraction of its unbeatable views of both the Mediterranean and the Sierras that protect it.
SALE PRICE: (Promotional price with a over 60% discount on certified appraisal)
MALAGA REGION (EAST OF MALAGA CITY), HUGE INVESTMENT OPPORTUNITY
PLOT WITH more than 60% DISCOUNT (in December 2022 the PLOT has been officially valued at 8.636.737,13 ,EUR)
2 kms from the beach and surrounded by a golf course, near a town and 25 kms from Malaga city centre
YOU CAN BUILD THE FOLLOWING
1. Hotel use such as hotels, motels, aparthotels, tourist apartments and in general those in the hospitality industry with tourist classification, as well as complementary annex facilities. (around 400 BEDROOMS)
2. Use of offices and those for professional offices, such as agencies, real estate, notaries, banks, Administration services.
3. Commercial use such as markets, supermarkets, shops, etc., as well as services for people, such as barber shops, saunas, beauty salons, etc.
4. Industry use: Transformation of raw or semi-finished materials, or their preparation for subsequent transformations.
5. Use of hospitality, such as cafes, bars. restaurants, discos, nightclubs, casinos, etc.
6. Use of community accommodation, such as Residences for the Elderly (370 BEDROOMS), Residence for Children, Residence for students, as well as complementary facilities.
7. Recreational use and social relations, such as shows, cinemas and theaters.
8. Use of health care and provision of medical or surgical services, with or without accommodation in them, such as hospitals, clinics, dispensaries, outpatient clinics, etc.
9. Educational use, such as Schools, Nurseries, Academies, Universities, etc.
10. Cultural use, such as libraries, archives, museums, theaters, research centers, associations, groups, civic.
Occupies an area of 16,295 m so you can build up to 21,735 m
NOTICE: NO RESIDENTIAL UNITS CAN BE BUIILT
It is part of a High-level sector, along with 900 homes, most of them single-family homes with a private garden
They enjoy an ideal microclimate for playing golf
30 minutes from Malaga Airport (eastern Costa del Sol!) With direct exit to the Malaga-Granada-Almería highway
18-hole course of great international prestige characterized by its wide greens, a great diversity of obstacles that offers a variety of strokes and an ideal design for all types of handicappers. With the attraction of its unbeatable views of both the Mediterranean and the Sierras that protect it.
SALE PRICE: (Promotional price with a over 60% discount on certified appraisal)
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Property on Map
Currency Exchange
Málaga Este, Málaga, 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 €3,900,000 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 |
|---|---|---|---|
| €3,900,000 | £3,317,691 | £3,414,177 | £96,486 |
| Property Price € | €3,900,000 |
| Minimum cost in the last six months | £3,317,691 |
| Maximum cost in the last six months | £3,414,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £96,486 |
Málaga Este, Málaga, 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 €3,900,000 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 |
|---|---|---|---|
| €3,900,000 | £3,317,691 | £3,414,177 | £96,486 |
| Property Price € | €3,900,000 |
| Minimum cost in the last six months | £3,317,691 |
| Maximum cost in the last six months | £3,414,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £96,486 |
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 £96,486 more.
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