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FABULOUS RENOVATION OPPORTUNITY! This 2 bed 2 bath apartment is now in need of a full renovation but offers fantastic potential for a permanent or holday home in the sun
Fuengirola, Malaga, Spain
REF: 846850
€315,000
Description
FABULOUS RENOVATION OPPORTUNITY! This 2 bed 2 bath apartment is now in need of a full renovation but offers fantastic potential for a permanent or holday home in the sun. It includes a pool and underground garage space. Located in the lower part of Torreblanca, about 20 min walk from the beach and with easy access to the train station, you will not find a large terrace like this very often in Fuengirola. This penthouse is located in the Diamante de Torreblanca, only a short stroll from the beaches of Fuengirola and Benalmadena and its wrarp-around terrace offers fabulous sea views. It has a kitchen with exit to the south facing terrace and a wide livingroom with south and western views that could be opened up to create a fabulous open plan kitchen, livingroom. Both bedrooms have built-in wardrobes and the master has an en-suite bathroom and exit to the west facing part of the terrace. The apartment has pre-installation for air conditioning but currently has no machine to power it in place. Torreblanca is located between Fuengirola and Benalmadena, giving you a wide option of beaches, restaurants and facilities nearby. The bus stop for Fuengirola is just down the road and takes you there in about 10 minutes while the nearby train stations of Carvajal and Torreblanca connect you to Malaga and Malaga airport easily. This apartment can be an incredible opportunity for someone looking for a project with decent outdoor space in a well-established area of Fuengirola and the Costa del Sol.
FABULOUS RENOVATION OPPORTUNITY! This 2 bed 2 bath apartment is now in need of a full renovation but offers fantastic potential for a permanent or holday home in the sun. It includes a pool and underground garage space. Located in the lower part of Torreblanca, about 20 min walk from the beach and with easy access to the train station, you will not find a large terrace like this very often in Fuengirola. This penthouse is located in the Diamante de Torreblanca, only a short stroll from the beaches of Fuengirola and Benalmadena and its wrarp-around terrace offers fabulous sea views. It has a kitchen with exit to the south facing terrace and a wide livingroom with south and western views that could be opened up to create a fabulous open plan kitchen, livingroom. Both bedrooms have built-in wardrobes and the master has an en-suite bathroom and exit to the west facing part of the terrace. The apartment has pre-installation for air conditioning but currently has no machine to power it in place. Torreblanca is located between Fuengirola and Benalmadena, giving you a wide option of beaches, restaurants and facilities nearby. The bus stop for Fuengirola is just down the road and takes you there in about 10 minutes while the nearby train stations of Carvajal and Torreblanca connect you to Malaga and Malaga airport easily. This apartment can be an incredible opportunity for someone looking for a project with decent outdoor space in a well-established area of Fuengirola and the Costa del Sol.
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Currency Exchange
Fuengirola, 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 | £259,529 | £273,448 | £13,920 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £259,529 |
| Maximum cost in the last six months | £273,448 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,920 |
Fuengirola, 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 | £259,529 | £273,448 | £13,920 |
| Property Price € | €315,000 |
| Minimum cost in the last six months | £259,529 |
| Maximum cost in the last six months | £273,448 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,920 |
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 £13,920 more.
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