Spanish House

Vélez-Málaga, Málaga, Spain

For Sale

€750,000

REF: 413850 €750,000


12

10

811 m2

288 m2

Description

Spanish House. 12 Bedrooms, 10 Bathrooms. Roof Terrace and Courtyards. Superb Historical Town Views. Integral Garage. Fantastic Building/Design Project. Essential Properties are pleased to present this grand Spanish house located in one of the most sought after streets in Velez Malaga and easy walking distance to all amenities.

(formerly used as a hospital/clinic.) This substantial house offers enormous scope to create a boutique hotel, high-end apartments or a restaurant with owners accommodation. The ground floor accommodation; previously used as the main clinic, comprises of a large reception/waiting room featuring a cloakroom with WC, 2 further sizeable rooms and an additional 3 rooms; all with a WC.

This floor also benefits from a large entrance hallway, storage room, partially covered courtyard and a door into the integral garage. The first floor offers scope to create an apartment consisting of a spacious lounge with Juliet balcony, kitchen requiring installation, separate laundry/utility room, a family bathroom and 3 bedrooms; 2 of which enjoy Juliet balconies.

Also on the first floor are 4 large rooms ideal to convert into bedrooms; 3 of which have cloakrooms with WC and one enjoys access onto a patio. The second floor features an extremely spacious lounge with fireplace and 2 Juliet balconies. A sliding door leads into a separate dining room with a Juliet balcony.

The large kitchen offers a breakfast bar plus a separate utility room and pantry. This floor also offers a family bathroom, 3 double bedrooms; one of which is currently used as an additional lounge, a single bedroom with en-suite bathroom and a master bedroom enjoying an en-suite bathroom and door onto a sun terrace boasting views over the surrounding town and mountains.

Stairs from the hallway lead to a large roof terrace with superb views over the historical fortress and town plus surrounding mountains and countryside. This superb property offers scope to create a successful business within this prime area of Velez-Malaga, within walking distance of shops, bars, restaurants, medical centre and excellent public transport.

Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour.

A superb town to experience and integrate into the Spanish lifestyle and culture. 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.
Spanish House. 12 Bedrooms, 10 Bathrooms. Roof Terrace and Courtyards. Superb Historical Town Views. Integral Garage. Fantastic Building/Design Project. Essential Properties are pleased to present this grand Spanish house located in one of the most sought after streets in Velez Malaga and easy walking distance to all amenities.

(formerly used as a hospital/clinic.) This substantial house offers enormous scope to create a boutique hotel, high-end apartments or a restaurant with owners accommodation. The ground floor accommodation; previously used as the main clinic, comprises of a large reception/waiting room featuring a cloakroom with WC, 2 further sizeable rooms and an additional 3 rooms; all with a WC.

This floor also benefits from a large entrance hallway, storage room, partially covered courtyard and a door into the integral garage. The first floor offers scope to create an apartment consisting of a spacious lounge with Juliet balcony, kitchen requiring installation, separate laundry/utility room, a family bathroom and 3 bedrooms; 2 of which enjoy Juliet balconies.

Also on the first floor are 4 large rooms ideal to convert into bedrooms; 3 of which have cloakrooms with WC and one enjoys access onto a patio. The second floor features an extremely spacious lounge with fireplace and 2 Juliet balconies. A sliding door leads into a separate dining room with a Juliet balcony.

The large kitchen offers a breakfast bar plus a separate utility room and pantry. This floor also offers a family bathroom, 3 double bedrooms; one of which is currently used as an additional lounge, a single bedroom with en-suite bathroom and a master bedroom enjoying an en-suite bathroom and door onto a sun terrace boasting views over the surrounding town and mountains.

Stairs from the hallway lead to a large roof terrace with superb views over the historical fortress and town plus surrounding mountains and countryside. This superb property offers scope to create a successful business within this prime area of Velez-Malaga, within walking distance of shops, bars, restaurants, medical centre and excellent public transport.

Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour.

A superb town to experience and integrate into the Spanish lifestyle and culture. 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

Vélez-Málaga, 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 €750,000 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
€750,000 £623,910 £645,465 £21,555
Property Price € €750,000
Minimum cost in the last six months £623,910
Maximum cost in the last six months £645,465
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,555

Vélez-Málaga, 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 €750,000 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
€750,000 £623,910 £645,465 £21,555
Property Price € €750,000
Minimum cost in the last six months £623,910
Maximum cost in the last six months £645,465
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,555

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 £21,555 more.

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