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Apartment Sale Marbella
Nueva Andaluc a, Spain
REF: 996843
€550,000
Description
First floor apartment within the gated community of La Medina de Banus. Offering 24-hour security, the complex has an ideal location for those wanting to be within walking distance to shops and services. At approximately 500m is the Centro Plaza shopping centre, with a variety of restaurants, caf s, supermarket and banking facilities. A further 500m is the Puerto Banus marina with its sandy beaches, fashionable boutiques, grand store, and many other services and entertainment options. The community offers well kept mature gardens and a large swimming pool. The apartment with east facing orientation comprises an entrance hall with built-in cupboards, a lounge /dining room with exit to the covered terrace and views to the communal garden. The master bedroom has built in wardrobes and ensuite bathroom and enjoys morning sun sharing the terrace with the lounge. One more bedroom with separate shower room, a laundry and a fully fitted and equipped kitchen complete the distribution of this lovely property. The apartment is fitted with air conditioning, underfloor heating in the bathrooms, video entry phone, electric shutters and alarm system. Garage and storage room are included in price. The property has great rental potential. The community allows vacation rentals of minimum 1 week. #ref:DM5254-01
First floor apartment within the gated community of La Medina de Banus. Offering 24-hour security, the complex has an ideal location for those wanting to be within walking distance to shops and services. At approximately 500m is the Centro Plaza shopping centre, with a variety of restaurants, caf s, supermarket and banking facilities. A further 500m is the Puerto Banus marina with its sandy beaches, fashionable boutiques, grand store, and many other services and entertainment options. The community offers well kept mature gardens and a large swimming pool. The apartment with east facing orientation comprises an entrance hall with built-in cupboards, a lounge /dining room with exit to the covered terrace and views to the communal garden. The master bedroom has built in wardrobes and ensuite bathroom and enjoys morning sun sharing the terrace with the lounge. One more bedroom with separate shower room, a laundry and a fully fitted and equipped kitchen complete the distribution of this lovely property. The apartment is fitted with air conditioning, underfloor heating in the bathrooms, video entry phone, electric shutters and alarm system. Garage and storage room are included in price. The property has great rental potential. The community allows vacation rentals of minimum 1 week. #ref:DM5254-01
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Currency Exchange
Nueva Andaluc a, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,461 | £23,463 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,461 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,463 |
Nueva Andaluc a, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,461 | £23,463 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,461 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,463 |
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 £23,463 more.
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