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286 m development plot in Nerja, in the Exótica area, southwest-facing, with 200 m of buildable area, magnificent sea views, and a 5-minute drive from the center
Nerja, Málaga, Spain
REF: 973308
€170,000
Description
286 m development plot in Nerja, in the Exótica area, southwest-facing, with 200 m of buildable area, magnificent sea views, and a 5-minute drive from the center. This plot is included in the development project for the Castillo Alto Industrial Estate PA-2, located in the Exótica area, a 5-minute drive and just a 15-minute walk from the center of Nerja. The 286 m plot has a buildable area of 200 m . Located in one of the best areas, with no buildings in front and some of the best views in the area. Great investment! Nerja is located in the east of the province, 50 km from Málaga. It is just 45 minutes from Málaga Airport and 1 hour from Sierra Nevada in Granada. It has approximately 22,000 inhabitants. In a privileged location, Nerja boasts spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It boasts a climate with mild temperatures year-round, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful, well-kept streets, and its warm people.
286 m development plot in Nerja, in the Exótica area, southwest-facing, with 200 m of buildable area, magnificent sea views, and a 5-minute drive from the center. This plot is included in the development project for the Castillo Alto Industrial Estate PA-2, located in the Exótica area, a 5-minute drive and just a 15-minute walk from the center of Nerja. The 286 m plot has a buildable area of 200 m . Located in one of the best areas, with no buildings in front and some of the best views in the area. Great investment! Nerja is located in the east of the province, 50 km from Málaga. It is just 45 minutes from Málaga Airport and 1 hour from Sierra Nevada in Granada. It has approximately 22,000 inhabitants. In a privileged location, Nerja boasts spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It boasts a climate with mild temperatures year-round, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful, 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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,327 | £147,575 | £7,249 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,327 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,249 |
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,327 | £147,575 | £7,249 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,327 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,249 |
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 £7,249 more.
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