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Detached Country House plus Detached Bar/Restaurant
Alfarnatejo, Malaga, Spain
REF: 413489
€399,950
Description
Detached Country House plus Detached Bar/Restaurant. 5 Bedrooms, 3 Bathrooms. Terraces and Garden. Essential Properties are delighted to present a detached country house and a detached bar/restaurant offering enormous potential to create a home and income. Detached Bar/Restaurant: A front terrace leads into the bar area offering seating for 16 people, the fitted bar plus his and hers toilets. Doors open into a large dining area with seating for approximately 40 people. Both the bar and dining area benefit from air conditioning. The industrial kitchen features a 6-burner hob and gas oven, fridges/ freezers and food preparation units. The first floor offers an expansive open room creating potential to modify into B&B accommodation. Detached Country House: The ground floor of the main accommodation comprises of a lounge/dining room with fireplace, a fully fitted kitchen/breakfast room with built-in appliances and patio door, a family shower room and a double bedroom. The first floor consists of a family bathroom, a master bedroom featuring built-in wardrobes and patio door onto a large balcony, plus 2 guest double bedrooms: one of which benefits from access to a balcony. The property also enjoys an attic floor featuring 2 rooms with potential for further guest accommodation. Additional benefits include a side terrace and a garden area. The property is situated a 5 minute drive from the pretty mountain village of Alfarnatejo village, offering shops, bars and restaurants. The beach at Torre del Mar and Malaga airport are approximately 50 minutes drive.
Detached Country House plus Detached Bar/Restaurant. 5 Bedrooms, 3 Bathrooms. Terraces and Garden. Essential Properties are delighted to present a detached country house and a detached bar/restaurant offering enormous potential to create a home and income. Detached Bar/Restaurant: A front terrace leads into the bar area offering seating for 16 people, the fitted bar plus his and hers toilets. Doors open into a large dining area with seating for approximately 40 people. Both the bar and dining area benefit from air conditioning. The industrial kitchen features a 6-burner hob and gas oven, fridges/ freezers and food preparation units. The first floor offers an expansive open room creating potential to modify into B&B accommodation. Detached Country House: The ground floor of the main accommodation comprises of a lounge/dining room with fireplace, a fully fitted kitchen/breakfast room with built-in appliances and patio door, a family shower room and a double bedroom. The first floor consists of a family bathroom, a master bedroom featuring built-in wardrobes and patio door onto a large balcony, plus 2 guest double bedrooms: one of which benefits from access to a balcony. The property also enjoys an attic floor featuring 2 rooms with potential for further guest accommodation. Additional benefits include a side terrace and a garden area. The property is situated a 5 minute drive from the pretty mountain village of Alfarnatejo village, offering shops, bars and restaurants. The beach at Torre del Mar and Malaga airport are approximately 50 minutes drive.
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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 €399,950 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 |
|---|---|---|---|
| €399,950 | £332,682 | £344,205 | £11,523 |
| Property Price € | €399,950 |
| Minimum cost in the last six months | £332,682 |
| Maximum cost in the last six months | £344,205 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,523 |
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 €399,950 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 |
|---|---|---|---|
| €399,950 | £332,682 | £344,205 | £11,523 |
| Property Price € | €399,950 |
| Minimum cost in the last six months | £332,682 |
| Maximum cost in the last six months | £344,205 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,523 |
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 £11,523 more.
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