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Amazing PENTHOUSE with PANORAMIC VIEWS TO THE BEACH from the back terrace and amazing views from the front terrace on the Puerto, Gibraltar and Morocco
Sotogrande, Cadiz, Spain
REF: 788439
€525,000
Description
Amazing PENTHOUSE with PANORAMIC VIEWS TO THE BEACH from the back terrace and amazing views from the front terrace on the Puerto, Gibraltar and Morocco. The penthouse is located in the most beautiful and peaceful block in the center of the port, surrounded by restaurants, bars and a small supermarket with daily fresh bread. The property has been refurnished recently with a new kitchen, air-conditioning system, new bedroom floors and double-glasses windows on the front terrace. Ample entrance hall, a spacious large living room with an open fireplace and spectacular high ceiling, a fully fitted kitchen, two large bedrooms with two bathrooms and plenty of wardrobe space. Creation of an extra bedroom or study is possible. Front terrace overlooking the Marina, Mediterranean Sea, Gibraltar and the Moroccan Mountains. Back terrace of overlooking the Torreguadiaro Beach & Bay area. The penthouse has a private parking space just in front of the elevator entrance. Sotogrande is known for its high standard of living and active outdoor lifestyle options as golf, polo, watersports, paddle, tennis, horse-riding, cycling and hiking and delicious restaurants and (beach-)bars. This is a stunning, stylish penthouse in a highly desirable location. Excellent opportunity.
Amazing PENTHOUSE with PANORAMIC VIEWS TO THE BEACH from the back terrace and amazing views from the front terrace on the Puerto, Gibraltar and Morocco. The penthouse is located in the most beautiful and peaceful block in the center of the port, surrounded by restaurants, bars and a small supermarket with daily fresh bread. The property has been refurnished recently with a new kitchen, air-conditioning system, new bedroom floors and double-glasses windows on the front terrace. Ample entrance hall, a spacious large living room with an open fireplace and spectacular high ceiling, a fully fitted kitchen, two large bedrooms with two bathrooms and plenty of wardrobe space. Creation of an extra bedroom or study is possible. Front terrace overlooking the Marina, Mediterranean Sea, Gibraltar and the Moroccan Mountains. Back terrace of overlooking the Torreguadiaro Beach & Bay area. The penthouse has a private parking space just in front of the elevator entrance. Sotogrande is known for its high standard of living and active outdoor lifestyle options as golf, polo, watersports, paddle, tennis, horse-riding, cycling and hiking and delicious restaurants and (beach-)bars. This is a stunning, stylish penthouse in a highly desirable location. Excellent opportunity.
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Currency Exchange
Sotogrande, Cadiz, 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 €525,000 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 |
|---|---|---|---|
| €525,000 | £446,612 | £457,191 | £10,579 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £446,612 |
| Maximum cost in the last six months | £457,191 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,579 |
Sotogrande, Cadiz, 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 €525,000 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 |
|---|---|---|---|
| €525,000 | £446,612 | £457,191 | £10,579 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £446,612 |
| Maximum cost in the last six months | £457,191 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,579 |
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 £10,579 more.
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