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Detached Country House plus Restaurant
Frigiliana, Málaga, Spain
REF: 413457
€1,049,000
Description
Detached Country House plus Restaurant. 3 Bedrooms, 3 Bathrooms. Guest Apartment. Garage. Fruit Trees. Outstanding Views. Home and Income. Essential Properties are delighted to offer for sale a country house, an established restaurant and a guest studio apartment, perfecly situated within stunning countryside and only 10 minutes from the picturesque white village of Frigiliana. Restaurant: This successful business was established in 1988 and comprises of a large dining room with an area for live music and floor-to-ceiling windows enjoying superb views over the surrounding countryside, a fitted bar with additional seating, his and hers toilets, a commercial kitchen featuring food preparation units, an industrial gas cooker and a storage room, plus a laundry/utility room. Access to a large underbuild offers the potential to create an additional guest apartment. To the front of the restaurant is a large, 3-tiered terrace creating the perfect area for outdoor dining whilst enjoying sensational views over mountains and countryside. Owner s Accommodation: This single-storey property features a lounge with open-plan kitchenette (sink and fridge), a family shower room, a single bedroom and a master bedroom featuring built-in wardrobes and an en-suite shower room. Access to this property is via the bar or direct access from the front terrace. Studio Apartment: The guest apartment can be accessed from the bar or via an external door on the lower terrace and consists of a large, open-plan lounge/bedroom with dining area, an open-plan fitted kitchen plus a large family shower room. The 11,000m2 plot benefits from numerous olive trees, a detached garage and a Casa de Apero featuring a shower room with the potential to create additional guest accommodation. An abundance of passing traffic as well as local trade, provide an excellent opportunity to create a home and income. The property has huge potential for further development either as an ongoing successful business or to convert into a magnificent villa with scope to boost income through rentals. Situated within breathtaking countryside and only 10 minutes from the traditional whitewashed village of Frigiliana featuring picturesque plazas and cobbled streets plus numerous bars, shops and restaurants. The coastal town of Nerja is a 20 minute drive and Malaga airport is 55 minutes.
Detached Country House plus Restaurant. 3 Bedrooms, 3 Bathrooms. Guest Apartment. Garage. Fruit Trees. Outstanding Views. Home and Income. Essential Properties are delighted to offer for sale a country house, an established restaurant and a guest studio apartment, perfecly situated within stunning countryside and only 10 minutes from the picturesque white village of Frigiliana. Restaurant: This successful business was established in 1988 and comprises of a large dining room with an area for live music and floor-to-ceiling windows enjoying superb views over the surrounding countryside, a fitted bar with additional seating, his and hers toilets, a commercial kitchen featuring food preparation units, an industrial gas cooker and a storage room, plus a laundry/utility room. Access to a large underbuild offers the potential to create an additional guest apartment. To the front of the restaurant is a large, 3-tiered terrace creating the perfect area for outdoor dining whilst enjoying sensational views over mountains and countryside. Owner s Accommodation: This single-storey property features a lounge with open-plan kitchenette (sink and fridge), a family shower room, a single bedroom and a master bedroom featuring built-in wardrobes and an en-suite shower room. Access to this property is via the bar or direct access from the front terrace. Studio Apartment: The guest apartment can be accessed from the bar or via an external door on the lower terrace and consists of a large, open-plan lounge/bedroom with dining area, an open-plan fitted kitchen plus a large family shower room. The 11,000m2 plot benefits from numerous olive trees, a detached garage and a Casa de Apero featuring a shower room with the potential to create additional guest accommodation. An abundance of passing traffic as well as local trade, provide an excellent opportunity to create a home and income. The property has huge potential for further development either as an ongoing successful business or to convert into a magnificent villa with scope to boost income through rentals. Situated within breathtaking countryside and only 10 minutes from the traditional whitewashed village of Frigiliana featuring picturesque plazas and cobbled streets plus numerous bars, shops and restaurants. The coastal town of Nerja is a 20 minute drive and Malaga airport is 55 minutes.
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Currency Exchange
Frigiliana, 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 €1,049,000 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 |
|---|---|---|---|
| €1,049,000 | £868,897 | £901,563 | £32,666 |
| Property Price € | €1,049,000 |
| Minimum cost in the last six months | £868,897 |
| Maximum cost in the last six months | £901,563 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,666 |
Frigiliana, 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 €1,049,000 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 |
|---|---|---|---|
| €1,049,000 | £868,897 | £901,563 | £32,666 |
| Property Price € | €1,049,000 |
| Minimum cost in the last six months | £868,897 |
| Maximum cost in the last six months | £901,563 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,666 |
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 £32,666 more.
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