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This semi-detached town house of 268 square meters build in an old Arabic style house, the base structure is made of thick walls of mud and stone that give it a lot of strength and freshness in the summer, it has access to three streets in the centre of the village of Alfarnatejo, in the province o
Alfarnatejo, Malaga, Spain
REF: 397357
€220,900
Description
This semi-detached town house of 268 square meters build in an old Arabic style house, the base structure is made of thick walls of mud and stone that give it a lot of strength and freshness in the summer, it has access to three streets in the centre of the village of Alfarnatejo, in the province of Malaga, located more than 900 meters above sea level, it is surrounded by 4 peaks of more than 1200 meters above sea level and gorges that have always been of great tourist interest for lovers of ferratas, climbing, hiking and cycling. The village has a municipal swimming pool and some sports facilities. From its main entrance is a bright lounge with a fireplace that leads to the left a bedroom, which is currently being used as a music room, the right side of the lounge gives access to a separate dining room which leads to a well equipped kitchen, which leads to a shower room on the ground floor and from the dining room there is access to a double bedroom passing close to the bottom of the staircase, which provides storage space. From the dining room there is also access to the rear of the house where there is a large covered patio, which could be used for a bar, as it gives access to the square at the back of the house, on the right side of the patio there is a storeroom. From the living room there is access via a beautiful and well preserved wooden staircase to the first floor which has a living room with chimney that leads to 4 double bedrooms with fitted wooden wardrobes , 3 of which are located overlooking the main entrance separated by a spectacular archway and from the living room itself leads to the bathroom with bathtub, which gives access to a Juliet balcony and on the left side of the living room gives access to a further double bedroom with views to the terrace. From the same living room there is access to a 28 square metre terrace which offers spectacular views of the mountains and the village. This property retains items used many years ago which give it a museum feel and could be used as a B&B to attract climbing tourism, its central location allows you to be within a few minutes walk of any part of the village and a 45 minute drive to Malaga airport. This is a property that must be visited to be appreciated.
This semi-detached town house of 268 square meters build in an old Arabic style house, the base structure is made of thick walls of mud and stone that give it a lot of strength and freshness in the summer, it has access to three streets in the centre of the village of Alfarnatejo, in the province of Malaga, located more than 900 meters above sea level, it is surrounded by 4 peaks of more than 1200 meters above sea level and gorges that have always been of great tourist interest for lovers of ferratas, climbing, hiking and cycling. The village has a municipal swimming pool and some sports facilities. From its main entrance is a bright lounge with a fireplace that leads to the left a bedroom, which is currently being used as a music room, the right side of the lounge gives access to a separate dining room which leads to a well equipped kitchen, which leads to a shower room on the ground floor and from the dining room there is access to a double bedroom passing close to the bottom of the staircase, which provides storage space. From the dining room there is also access to the rear of the house where there is a large covered patio, which could be used for a bar, as it gives access to the square at the back of the house, on the right side of the patio there is a storeroom. From the living room there is access via a beautiful and well preserved wooden staircase to the first floor which has a living room with chimney that leads to 4 double bedrooms with fitted wooden wardrobes , 3 of which are located overlooking the main entrance separated by a spectacular archway and from the living room itself leads to the bathroom with bathtub, which gives access to a Juliet balcony and on the left side of the living room gives access to a further double bedroom with views to the terrace. From the same living room there is access to a 28 square metre terrace which offers spectacular views of the mountains and the village. This property retains items used many years ago which give it a museum feel and could be used as a B&B to attract climbing tourism, its central location allows you to be within a few minutes walk of any part of the village and a 45 minute drive to Malaga airport. This is a property that must be visited to be appreciated.
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Currency Exchange
Alfarnatejo, 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 €220,900 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 |
|---|---|---|---|
| €220,900 | £182,974 | £189,853 | £6,879 |
| Property Price € | €220,900 |
| Minimum cost in the last six months | £182,974 |
| Maximum cost in the last six months | £189,853 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,879 |
Alfarnatejo, 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 €220,900 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 |
|---|---|---|---|
| €220,900 | £182,974 | £189,853 | £6,879 |
| Property Price € | €220,900 |
| Minimum cost in the last six months | £182,974 |
| Maximum cost in the last six months | £189,853 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,879 |
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 £6,879 more.
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