Nueva Andalucia, Marbella, LORCRIMAR south facing property INVESTOR ALERT

Nueva Andalucia, Malaga, Spain

For Sale

€315,000

REF: 789130 €315,000


2

2


90 m2

1 m2

Description

Nueva Andalucia, Marbella, LORCRIMAR south facing property INVESTOR ALERT. Great opportunity to own a south facing two bedroom with two bathrooms apartment in a well-known, established residential area, conveniently located within walking distance to the famous and trendy Puerto Banus, the Real Club de Padel and the sandy beach .

This cozy apartment offers 2 bedrooms, 2 bathrooms, fully equipped kitchen (that can be converted into an American style kitchen) and a living room with direct access to a south facing terrace overlooking the community garden and swimming pool. The price includes parking and a storage room Elevator from the parking to each level Low community fees
Nueva Andalucia, Marbella, LORCRIMAR south facing property INVESTOR ALERT. Great opportunity to own a south facing two bedroom with two bathrooms apartment in a well-known, established residential area, conveniently located within walking distance to the famous and trendy Puerto Banus, the Real Club de Padel and the sandy beach .

This cozy apartment offers 2 bedrooms, 2 bathrooms, fully equipped kitchen (that can be converted into an American style kitchen) and a living room with direct access to a south facing terrace overlooking the community garden and swimming pool. The price includes parking and a storage room Elevator from the parking to each level Low community fees
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Property on Map

#M240636

Currency Exchange

Nueva Andalucia, 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 €315,000 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
€315,000 £267,967 £276,110 £8,143
Property Price € €315,000
Minimum cost in the last six months £267,967
Maximum cost in the last six months £276,110
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,143

Nueva Andalucia, 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 €315,000 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
€315,000 £267,967 £276,110 £8,143
Property Price € €315,000
Minimum cost in the last six months £267,967
Maximum cost in the last six months £276,110
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,143

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 £8,143 more.

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