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Villa project in Lomas de Mijas
Mijas, Malaga, Spain
REF: 978574
€1,150,000
Description
Villa project in Lomas de Mijas. From point of reservation construction and completion of the project takes 22 months. The villa will feature 4 bedrooms en-suite + 1 cloakroom for guests with a total built area of 226m2. Private plot of 605m2 with 36m2 of infinity swimming pool with sea views. The plot will be planted with fruit trees and bushes. Entrance to villa will be with stamped concrete, including 1 charging point for electric vehicle. Private parking for 2 cars accessed via private driveway. SPECS include air-conditioning hot & cold by conducts, solar panels for heating of hot water, top quality stoneware inside and anti-slip stoneware outside with porcelain tiles in the kitchen, bathrooms and bathrooms. PAYMENT TERMS: Reservation 10,000 / Purchase the plot 258,000 + VAT / Signing the contract 20% + VAT / Upon construction start payment of 10% + VAT / Monthly payments during construction according to building schedule. Measurements, constructed area + terraces: ground level 118m2 + 64m2 of covered terraces. First floor (main level) 108m2 + 64m2 of open terraces.
Villa project in Lomas de Mijas. From point of reservation construction and completion of the project takes 22 months. The villa will feature 4 bedrooms en-suite + 1 cloakroom for guests with a total built area of 226m2. Private plot of 605m2 with 36m2 of infinity swimming pool with sea views. The plot will be planted with fruit trees and bushes. Entrance to villa will be with stamped concrete, including 1 charging point for electric vehicle. Private parking for 2 cars accessed via private driveway. SPECS include air-conditioning hot & cold by conducts, solar panels for heating of hot water, top quality stoneware inside and anti-slip stoneware outside with porcelain tiles in the kitchen, bathrooms and bathrooms. PAYMENT TERMS: Reservation 10,000 / Purchase the plot 258,000 + VAT / Signing the contract 20% + VAT / Upon construction start payment of 10% + VAT / Monthly payments during construction according to building schedule. Measurements, constructed area + terraces: ground level 118m2 + 64m2 of covered terraces. First floor (main level) 108m2 + 64m2 of open terraces.
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Property on Map
Currency Exchange
Mijas, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
Mijas, 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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £947,485 | £998,304 | £50,819 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £947,485 |
| Maximum cost in the last six months | £998,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,819 |
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 £50,819 more.
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