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Building plot in Nerja of 252 m , in the Exótica area, facing southwest and with 175 m of buildable area, with magnificent sea views and 5 minutes by car from the center
Nerja, Málaga, Spain
REF: 910793
€160,000
Description
Building plot in Nerja of 252 m , in the Exótica area, facing southwest and with 175 m of buildable area, with magnificent sea views and 5 minutes by car from the center. Plot included in the development project of the Castillo Alto Industrial Park PA-2, located in the Exótica area, 4 minutes by car and just 15 minutes walk from the center of Nerja. The 252 m plot has a buildable area of 175 m for a 2-storey single-family home with a basement plus a roof terrace and a swimming pool. Located in one of the best areas, with no buildings in front and with some of the best views in the area. Great investment! Nerja is located in the east of the province, 50 km from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada. It has approximately 22,000 inhabitants. Located in a privileged enclave, Nerja enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
Building plot in Nerja of 252 m , in the Exótica area, facing southwest and with 175 m of buildable area, with magnificent sea views and 5 minutes by car from the center. Plot included in the development project of the Castillo Alto Industrial Park PA-2, located in the Exótica area, 4 minutes by car and just 15 minutes walk from the center of Nerja. The 252 m plot has a buildable area of 175 m for a 2-storey single-family home with a basement plus a roof terrace and a swimming pool. Located in one of the best areas, with no buildings in front and with some of the best views in the area. Great investment! Nerja is located in the east of the province, 50 km from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada. It has approximately 22,000 inhabitants. Located in a privileged enclave, Nerja enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
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Currency Exchange
Nerja, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £138,894 | £7,070 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,070 |
Nerja, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £138,894 | £7,070 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £138,894 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,070 |
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 £7,070 more.
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