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Village House
Riogordo, Málaga, Spain
REF: 413936
€425,000
Description
Village House. 7 Bedrooms, 3 Bathrooms. Roof Terrace and Garden. Garage. Village and Countryside Views. Essential Properties are pleased to present a spacious house located alongside a picturesque square in the centre of the village. The ground floor comprises of a large hallway, lounge with brick-built fireplace and archway leading to the separate dining room, a kitchen, 2 double bedrooms plus a single bedroom and a family shower room. Authentic wooden doors lead from the hallway into the large rear garden. The first floor consists of a large landing with under-stairs storage, a family shower room and 3 large double bedrooms; one of which enjoys a Juliet balcony overlooking the square. The top floor offers a large open-plan room with the scope to create an additional bedroom and bathroom. The property also benefits from a large garage with an extra storage room. Additional features include a large rear garden displaying mature orange and lemon trees, a patio featuring a brick-built BBQ, 2 sun terraces and a roof terrace boasting views over the surrounding village and mountains. This elegant village house requires some cosmetic work and retains some original features offering enormous scope to create a boutique hotel right in the centre of the village. Ideally located within walking distance to shops, bars, restaurants and the village swimming pool. The beach at Torre del Mar is a 35 minute drive and approximately 40 minutes to 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. 7 Bedrooms, 3 Bathrooms. Roof Terrace and Garden. Garage. Village and Countryside Views. Essential Properties are pleased to present a spacious house located alongside a picturesque square in the centre of the village. The ground floor comprises of a large hallway, lounge with brick-built fireplace and archway leading to the separate dining room, a kitchen, 2 double bedrooms plus a single bedroom and a family shower room. Authentic wooden doors lead from the hallway into the large rear garden. The first floor consists of a large landing with under-stairs storage, a family shower room and 3 large double bedrooms; one of which enjoys a Juliet balcony overlooking the square. The top floor offers a large open-plan room with the scope to create an additional bedroom and bathroom. The property also benefits from a large garage with an extra storage room. Additional features include a large rear garden displaying mature orange and lemon trees, a patio featuring a brick-built BBQ, 2 sun terraces and a roof terrace boasting views over the surrounding village and mountains. This elegant village house requires some cosmetic work and retains some original features offering enormous scope to create a boutique hotel right in the centre of the village. Ideally located within walking distance to shops, bars, restaurants and the village swimming pool. The beach at Torre del Mar is a 35 minute drive and approximately 40 minutes to 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
Riogordo, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
Riogordo, 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £352,032 | £365,266 | £13,235 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £352,032 |
| Maximum cost in the last six months | £365,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,235 |
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 £13,235 more.
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