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Village House
Árchez, Málaga, Spain
REF: 413651
€79,950
Description
Village House. 4 Bedrooms, 1 Bathroom. Roof Terrace and Patio. Essential Properties are pleased to present a village house located within walking distance of shops, bars and restaurants. The property comprises of a lounge/reception room and separate dining area, a double bedroom and a kitchen requiring updating. Door from the kitchen opens onto a small internal patio with storage room, laundry area and a family shower room. The first floor features 3 bedrooms; one of which has direct access to the roof terrace. The property also benefits from an attached building in need of complete renovation offering enormous scope to create additional guest accommodation. The picturesque village of Archez has a population of approx 400 people and is situated on the banks of the river Sayalonga. It is hidden in the foothills of the Sierra Almijara and 435 metres above sea level. The village boasts restaurants offering Thai, vegan and Moorish cuisine, a village school, health centre and a bank. Canillas de Albaida, a nearby village, is walking distance and offers a variety of bars, shops and restaurants. The large white town of Competa is approx 10 minutes drive. Located approx 25 minutes from the beach and 1 hour from Malaga airport. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
Village House. 4 Bedrooms, 1 Bathroom. Roof Terrace and Patio. Essential Properties are pleased to present a village house located within walking distance of shops, bars and restaurants. The property comprises of a lounge/reception room and separate dining area, a double bedroom and a kitchen requiring updating. Door from the kitchen opens onto a small internal patio with storage room, laundry area and a family shower room. The first floor features 3 bedrooms; one of which has direct access to the roof terrace. The property also benefits from an attached building in need of complete renovation offering enormous scope to create additional guest accommodation. The picturesque village of Archez has a population of approx 400 people and is situated on the banks of the river Sayalonga. It is hidden in the foothills of the Sierra Almijara and 435 metres above sea level. The village boasts restaurants offering Thai, vegan and Moorish cuisine, a village school, health centre and a bank. Canillas de Albaida, a nearby village, is walking distance and offers a variety of bars, shops and restaurants. The large white town of Competa is approx 10 minutes drive. Located approx 25 minutes from the beach and 1 hour from Malaga airport. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
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Currency Exchange
Árchez, 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 €79,950 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 |
|---|---|---|---|
| €79,950 | £66,223 | £68,713 | £2,490 |
| Property Price € | €79,950 |
| Minimum cost in the last six months | £66,223 |
| Maximum cost in the last six months | £68,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,490 |
Árchez, 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 €79,950 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 |
|---|---|---|---|
| €79,950 | £66,223 | £68,713 | £2,490 |
| Property Price € | €79,950 |
| Minimum cost in the last six months | £66,223 |
| Maximum cost in the last six months | £68,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,490 |
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 £2,490 more.
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