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This substantial villa, situated in the sought-after Benalmadena Costa area of Malaga, offers an exceptional opportunity for those seeking a spacious family residence or investment with considerable potential
Benalmadena, Malaga, Spain
REF: 965112
€1,100,000
Description
This substantial villa, situated in the sought-after Benalmadena Costa area of Malaga, offers an exceptional opportunity for those seeking a spacious family residence or investment with considerable potential. Located on a quiet residential street, the property is just moments from the renowned Puerto Marina, as well as the beach, shops, supermarkets, bars, restaurants, and schools. The villa benefits from excellent transport links, with a bus stop and taxi rank conveniently nearby, ensuring easy access to the wider region.
The villa comprises eight bedrooms and four bathrooms, providing ample accommodation for large families or guests. The built area spans 242m², complemented by a 7m² private terrace and a substantial 566m² plot. The interior is unfurnished, offering a blank canvas for personalisation, and features durable gres flooring throughout. Fitted wardrobes are present in several rooms, maximising storage space and practicality.
Outdoor living is well-catered for, with a private swimming pool and a well-maintained garden. The covered terrace, ideal for al fresco dining or relaxing in the shade is conveniently located near the pool. The villa is located beachside, ensuring the sea and sand are always within easy reach, and amenities are close at hand for daily convenience.
While the house is in need of modernisation, it presents a rare chance to acquire a substantial property in an excellent location, with the scope to renovate and create a bespoke home tailored to individual tastes. Its proximity to the port, town centre, and all essential services makes this villa a highly attractive proposition for discerning buyers seeking both lifestyle and investment potential in Benalmadena Costa.
This substantial villa, situated in the sought-after Benalmadena Costa area of Malaga, offers an exceptional opportunity for those seeking a spacious family residence or investment with considerable potential. Located on a quiet residential street, the property is just moments from the renowned Puerto Marina, as well as the beach, shops, supermarkets, bars, restaurants, and schools. The villa benefits from excellent transport links, with a bus stop and taxi rank conveniently nearby, ensuring easy access to the wider region.
The villa comprises eight bedrooms and four bathrooms, providing ample accommodation for large families or guests. The built area spans 242m², complemented by a 7m² private terrace and a substantial 566m² plot. The interior is unfurnished, offering a blank canvas for personalisation, and features durable gres flooring throughout. Fitted wardrobes are present in several rooms, maximising storage space and practicality.
Outdoor living is well-catered for, with a private swimming pool and a well-maintained garden. The covered terrace, ideal for al fresco dining or relaxing in the shade is conveniently located near the pool. The villa is located beachside, ensuring the sea and sand are always within easy reach, and amenities are close at hand for daily convenience.
While the house is in need of modernisation, it presents a rare chance to acquire a substantial property in an excellent location, with the scope to renovate and create a bespoke home tailored to individual tastes. Its proximity to the port, town centre, and all essential services makes this villa a highly attractive proposition for discerning buyers seeking both lifestyle and investment potential in Benalmadena Costa.
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Currency Exchange
Benalmadena, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £907,896 | £954,899 | £47,003 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £907,896 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,003 |
Benalmadena, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £907,896 | £954,899 | £47,003 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £907,896 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,003 |
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 £47,003 more.
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