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Villa in Pinomar
Pinomar, Spain
REF: 997372
€1,900,000
Description
This magnificent property is a unique opportunity for those looking for an investment with extraordinary potential. This detached villa offers a blank canvas to transform it into a dream boutique hotel or a luxury residence with all modern comforts. Its large flat plot of 9.073 m guarantees privacy, tranquillity and multiple development possibilities. It has 518 m constructed area between main house and guest house, and a total of 11 bedrooms and 7 bathrooms. With the exception of one bedroom, the rest of the construction is distributed over a single floor. Its spacious living room, together with the garden and the swimming pool, provides an ideal environment for leisure and relaxation. The current state of conservation makes this property a jewel to reform and personalise according to the needs and tastes of the buyer. Situated between El Rosario and Elviria, the area is known for its tranquil residential atmosphere and its proximity to essential services. Less than 2 minutes away is the prestigious English International College, an excellent option for families with children. For shopping there are several supermarkets close by, as well as the La Cañada Shopping Centre which is only a few minutes' drive away, offering a wide range of shops, restaurants and services. It is a sought-after area for its perfect balance between tranquil living and access to all amenities. Surrounded by golf courses, golden sandy beaches and a high-end culinary offering, this location is ideal for both those looking for a permanent residence and those interested in the luxury resort market.
This magnificent property is a unique opportunity for those looking for an investment with extraordinary potential. This detached villa offers a blank canvas to transform it into a dream boutique hotel or a luxury residence with all modern comforts. Its large flat plot of 9.073 m guarantees privacy, tranquillity and multiple development possibilities. It has 518 m constructed area between main house and guest house, and a total of 11 bedrooms and 7 bathrooms. With the exception of one bedroom, the rest of the construction is distributed over a single floor. Its spacious living room, together with the garden and the swimming pool, provides an ideal environment for leisure and relaxation. The current state of conservation makes this property a jewel to reform and personalise according to the needs and tastes of the buyer. Situated between El Rosario and Elviria, the area is known for its tranquil residential atmosphere and its proximity to essential services. Less than 2 minutes away is the prestigious English International College, an excellent option for families with children. For shopping there are several supermarkets close by, as well as the La Cañada Shopping Centre which is only a few minutes' drive away, offering a wide range of shops, restaurants and services. It is a sought-after area for its perfect balance between tranquil living and access to all amenities. Surrounded by golf courses, golden sandy beaches and a high-end culinary offering, this location is ideal for both those looking for a permanent residence and those interested in the luxury resort market.
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Property on Map
Currency Exchange
Pinomar, 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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,568,355 | £1,663,108 | £94,753 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,568,355 |
| Maximum cost in the last six months | £1,663,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £94,753 |
Pinomar, 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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,568,355 | £1,663,108 | £94,753 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,568,355 |
| Maximum cost in the last six months | £1,663,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £94,753 |
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 £94,753 more.
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