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Villa - Detached
Torrenueva, Málaga, Spain
REF: 259364
€780,000
Description
SPACIOUS 7 BEDROOM VILLA IN TORRENUEVA / IDEAL INVESTMENT FOR A B&B The villa has a 390 m2 built size on a 690 m2 plot. Walking distance to the beach. The main house is organized on 2 levels and is made of 3 bedrooms, 3 bathrooms a living room, a spacious kitchen and the main entrance. Below are 2 guest apartments adjoined to the main part which a private access from the road and to the pool. The first is composed of 3 bedrooms, 1 bedroom and and a spacious living room with open kitchen. The second is a studio with kitchen and bathroom. Several garages permit to park at least 6 cars. It is a perfect investment for a family that needs space or someone that wants to create a Bed and Breakfeast. Torrenueva is at only 2 min from La Cala de Mijas, 20 min from Marbella and 30 min from Malaga airport.
SPACIOUS 7 BEDROOM VILLA IN TORRENUEVA / IDEAL INVESTMENT FOR A B&B The villa has a 390 m2 built size on a 690 m2 plot. Walking distance to the beach. The main house is organized on 2 levels and is made of 3 bedrooms, 3 bathrooms a living room, a spacious kitchen and the main entrance. Below are 2 guest apartments adjoined to the main part which a private access from the road and to the pool. The first is composed of 3 bedrooms, 1 bedroom and and a spacious living room with open kitchen. The second is a studio with kitchen and bathroom. Several garages permit to park at least 6 cars. It is a perfect investment for a family that needs space or someone that wants to create a Bed and Breakfeast. Torrenueva is at only 2 min from La Cala de Mijas, 20 min from Marbella and 30 min from Malaga airport.
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Currency Exchange
Torrenueva, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £648,484 | £671,284 | £22,799 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £648,484 |
| Maximum cost in the last six months | £671,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,799 |
Torrenueva, 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 €780,000 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 |
|---|---|---|---|
| €780,000 | £648,484 | £671,284 | £22,799 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £648,484 |
| Maximum cost in the last six months | £671,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,799 |
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 £22,799 more.
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