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Apartment in Centro Histórico
Centro Histórico, Spain
REF: 816655
€295,000
Description
Gilmar Real Estate offers his magnificent duplex penthouse apartment located in the charming Historic Center of Málaga. Situated on the top floor of a relatively modern building, built in 1971, this property offers a perfect blend of modernity and tradition in one of Spain's most vibrant cities. From its privileged location, you can enjoy breathtaking views of Gibralfaro Castle and be within walking distance of some of Málaga's most emblematic landmarks, such as the majestic Cathedral, the imposing Alcazaba fortress, the ancient Roman Theater, and the iconic Larios street. Additionally, you'll have access to a wide variety of restaurants, shops, art galleries, museums (Picasso and Thyssen), and other cultural attractions that make Málaga's historic center truly unique. Upon entering the apartment, you'll be greeted by a bright and welcoming space that combines a living area with a fully equipped open kitchen. Also on this floor, you'll find a comfortable bedroom and a convenient bathroom. However, the true gem of this property lies on the upper floor, where a spacious terrace awaits you, offering unparalleled panoramic views of the city with the impressive backdrop of Gibralfaro Castle. With its east-facing orientation, the property receives wonderful morning sunlight and abundant natural light throughout the day, creating a warm and inviting atmosphere. Furthermore, its excellent condition ensures that you can enjoy your new home without any worries or the need for additional investments. Whether you're looking for a charming centrally located residence or a secure investment in the long-term rental market (as vacation rentals are limited but with high profitability), this property is perfect for both models.
Gilmar Real Estate offers his magnificent duplex penthouse apartment located in the charming Historic Center of Málaga. Situated on the top floor of a relatively modern building, built in 1971, this property offers a perfect blend of modernity and tradition in one of Spain's most vibrant cities. From its privileged location, you can enjoy breathtaking views of Gibralfaro Castle and be within walking distance of some of Málaga's most emblematic landmarks, such as the majestic Cathedral, the imposing Alcazaba fortress, the ancient Roman Theater, and the iconic Larios street. Additionally, you'll have access to a wide variety of restaurants, shops, art galleries, museums (Picasso and Thyssen), and other cultural attractions that make Málaga's historic center truly unique. Upon entering the apartment, you'll be greeted by a bright and welcoming space that combines a living area with a fully equipped open kitchen. Also on this floor, you'll find a comfortable bedroom and a convenient bathroom. However, the true gem of this property lies on the upper floor, where a spacious terrace awaits you, offering unparalleled panoramic views of the city with the impressive backdrop of Gibralfaro Castle. With its east-facing orientation, the property receives wonderful morning sunlight and abundant natural light throughout the day, creating a warm and inviting atmosphere. Furthermore, its excellent condition ensures that you can enjoy your new home without any worries or the need for additional investments. Whether you're looking for a charming centrally located residence or a secure investment in the long-term rental market (as vacation rentals are limited but with high profitability), this property is perfect for both models.
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Currency Exchange
Centro Histórico, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
Centro Histórico, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
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 £7,626 more.
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