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Apartment
Estepona, Costa del Sol, Spain
REF: 970711
€1,001,020
Description
Situated near Finca Cortesin Resort, this project features interiors designed by Missoni that harmonize with the natural beauty of the Costa Del Sol landscape, the Mediterranean Sea, and a golf course. As part of the Finca Cortesin residential community, the development offers a range of 2- and 3-bedroom residences featuring private entrances and 24/7 security services. Following a Contemporary Mediterranean Style with a minimalist approach, the residences incorporate modern elements and natural materials to create a tranquil atmosphere. The design offers views of the Costa del Sol coastline from Marbella to Gibraltar. The project s 270-degree panorama encompasses Marbella, the Mediterranean, Gibraltar, and Morocco s mountains. The community hub includes a pool deck, kids areas, and a fitness center designed for resident well-being. The well-equipped well-being center is strategically positioned to provide fitness enthusiasts with a backdrop of incomparable coastal views. Moreover, the real estate market in Spain, particularly the Costa del Sol, presents a secure investment opportunity. The continuous appreciation of land and properties, with an annual increase of over 6% according to the Sociedad de Tasación, coupled with the high demand for quality housing in the Costa del Sol, suggests an excellent future investment potential in both the rental and purchase markets. Additionally, purchasing off-plan or during construction allows for better decision-making. You can modify certain features or personalize your residence, benefit from greater payment flexibility, and secure improved financing. Furthermore, the price of a new construction home increases from the moment of the off-plan purchase, with some studies indicating a value-added percentage exceeding 20%. Invest wisely with this resort, combining sophisticated living with promising real estate prospects in the vibrant Costa del Sol.
Situated near Finca Cortesin Resort, this project features interiors designed by Missoni that harmonize with the natural beauty of the Costa Del Sol landscape, the Mediterranean Sea, and a golf course. As part of the Finca Cortesin residential community, the development offers a range of 2- and 3-bedroom residences featuring private entrances and 24/7 security services. Following a Contemporary Mediterranean Style with a minimalist approach, the residences incorporate modern elements and natural materials to create a tranquil atmosphere. The design offers views of the Costa del Sol coastline from Marbella to Gibraltar. The project s 270-degree panorama encompasses Marbella, the Mediterranean, Gibraltar, and Morocco s mountains. The community hub includes a pool deck, kids areas, and a fitness center designed for resident well-being. The well-equipped well-being center is strategically positioned to provide fitness enthusiasts with a backdrop of incomparable coastal views. Moreover, the real estate market in Spain, particularly the Costa del Sol, presents a secure investment opportunity. The continuous appreciation of land and properties, with an annual increase of over 6% according to the Sociedad de Tasación, coupled with the high demand for quality housing in the Costa del Sol, suggests an excellent future investment potential in both the rental and purchase markets. Additionally, purchasing off-plan or during construction allows for better decision-making. You can modify certain features or personalize your residence, benefit from greater payment flexibility, and secure improved financing. Furthermore, the price of a new construction home increases from the moment of the off-plan purchase, with some studies indicating a value-added percentage exceeding 20%. Invest wisely with this resort, combining sophisticated living with promising real estate prospects in the vibrant Costa del Sol.
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Currency Exchange
Estepona, Costa del Sol, 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 €1,001,020 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 |
|---|---|---|---|
| €1,001,020 | £826,202 | £868,975 | £42,774 |
| Property Price € | €1,001,020 |
| Minimum cost in the last six months | £826,202 |
| Maximum cost in the last six months | £868,975 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,774 |
Estepona, Costa del Sol, 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 €1,001,020 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 |
|---|---|---|---|
| €1,001,020 | £826,202 | £868,975 | £42,774 |
| Property Price € | €1,001,020 |
| Minimum cost in the last six months | £826,202 |
| Maximum cost in the last six months | £868,975 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,774 |
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 £42,774 more.
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