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Fully Furnished Studio in Nueva Andalucía Ideal Investment Opportunity! This recently renovated and fully furnished studio, located in the heart of Nueva Andalucía, presents an excellent opportunity for investors
Marbella, Malaga, Spain
REF: 979304
€257,000
Description
Fully Furnished Studio in Nueva Andalucía Ideal Investment Opportunity! This recently renovated and fully furnished studio, located in the heart of Nueva Andalucía, presents an excellent opportunity for investors. Currently rented at 1,500 per month, it offers immediate rental income with the option to retain the existing tenant. The property features an open-plan layout with a modern, fully equipped kitchenette, a bright living area, and shower room. It is set within a secure community that offers communal parking and beautifully maintained, spacious gardens ideal for relaxing and enjoying the outdoors. Just a short walk from top tennis and padel clubs, as well as a wide selection of restaurants, bars, and shops, this studio enjoys a privileged location with everything you need close at hand. You are walking distance to Puerto Banus and Centro Plaza, along the soon to be finished walkway - as well as a short drive to El Corte Ingles. With its prime location, stylish finishes, and stable rental return, this property is a perfect investment in one of the most sought-after areas of the Costa del Sol. Contact us today for more information or to schedule a viewing!
Fully Furnished Studio in Nueva Andalucía Ideal Investment Opportunity! This recently renovated and fully furnished studio, located in the heart of Nueva Andalucía, presents an excellent opportunity for investors. Currently rented at 1,500 per month, it offers immediate rental income with the option to retain the existing tenant. The property features an open-plan layout with a modern, fully equipped kitchenette, a bright living area, and shower room. It is set within a secure community that offers communal parking and beautifully maintained, spacious gardens ideal for relaxing and enjoying the outdoors. Just a short walk from top tennis and padel clubs, as well as a wide selection of restaurants, bars, and shops, this studio enjoys a privileged location with everything you need close at hand. You are walking distance to Puerto Banus and Centro Plaza, along the soon to be finished walkway - as well as a short drive to El Corte Ingles. With its prime location, stylish finishes, and stable rental return, this property is a perfect investment in one of the most sought-after areas of the Costa del Sol. Contact us today for more information or to schedule a viewing!
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Currency Exchange
Marbella, 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 €257,000 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 |
|---|---|---|---|
| €257,000 | £211,742 | £223,099 | £11,357 |
| Property Price € | €257,000 |
| Minimum cost in the last six months | £211,742 |
| Maximum cost in the last six months | £223,099 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,357 |
Marbella, 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 €257,000 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 |
|---|---|---|---|
| €257,000 | £211,742 | £223,099 | £11,357 |
| Property Price € | €257,000 |
| Minimum cost in the last six months | £211,742 |
| Maximum cost in the last six months | £223,099 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,357 |
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 £11,357 more.
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