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NEW DEVELOPMENT IN PALO ALTO A development of 60 flats and penthouses located on the highest plot in Palo Alto, overlooking Marbella
Ojen, Málaga, Spain
REF: 977979
€850,000
Description
NEW DEVELOPMENT IN PALO ALTO A development of 60 flats and penthouses located on the highest plot in Palo Alto, overlooking Marbella. Modern open plan 2 and 3 bedroom designs, with stunning sea views from all properties, as well as an outdoor swimming pool surrounded by lush gardens, and benefiting from access to all the amenities of Palo Alto. The ground floor flats have a private garden with patio and unobstructed sea views. All homes are designed to maximise natural light. They are south facing so that the Mediterranean light floods the main rooms of your new home. Marbella is considered the capital of the western Costa del Sol. Bathed by the sea and sheltered from the mountains, with splendid and extensive beaches with calm waters along 27 km of coastline, natural attractions, marinas, its 21 golf courses, and a wide gastronomic offer, from the typical "chiringuitos" beach bars and tapas bars, to the most luxurious Michelin-starred restaurants. All this, together with its microclimate with 320 days of sunshine a year, make Marbella one of the most sought-after destinations in Spain.
NEW DEVELOPMENT IN PALO ALTO A development of 60 flats and penthouses located on the highest plot in Palo Alto, overlooking Marbella. Modern open plan 2 and 3 bedroom designs, with stunning sea views from all properties, as well as an outdoor swimming pool surrounded by lush gardens, and benefiting from access to all the amenities of Palo Alto. The ground floor flats have a private garden with patio and unobstructed sea views. All homes are designed to maximise natural light. They are south facing so that the Mediterranean light floods the main rooms of your new home. Marbella is considered the capital of the western Costa del Sol. Bathed by the sea and sheltered from the mountains, with splendid and extensive beaches with calm waters along 27 km of coastline, natural attractions, marinas, its 21 golf courses, and a wide gastronomic offer, from the typical "chiringuitos" beach bars and tapas bars, to the most luxurious Michelin-starred restaurants. All this, together with its microclimate with 320 days of sunshine a year, make Marbella one of the most sought-after destinations in Spain.
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Currency Exchange
Ojen, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £737,877 | £37,562 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,562 |
Ojen, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £737,877 | £37,562 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £737,877 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,562 |
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 £37,562 more.
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