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** Price Reduction ** Village House plus Bar
Colmenar, Málaga, Spain
REF: 413966
€159,900
Description
** Price Reduction ** Village House plus Bar. 3 Bedrooms, 1 Bathroom. Terrace. Essential Properties are pleased to present a village house plus bar in a central village location. The first floor accommodation comprises of a lounge/dining room with doors leading onto a large front balcony, a fitted kitchen, 2 double bedrooms, a single bedroom plus a family bathroom. Door from the kitchen leads up to an enclosed terrace used as a laundry room with steps to the large roof terrace enjoying views over the surrounding village. The property also benefits from 2 large storage rooms off the terrace. The ground floor features the bar/restaurant previously used as a disco bar. The spacious restaurant area provides space for numerous tables for diners, plus a further large area on a mezzanine floor. The kitchen requires installation. Ideally located in the centre of the village within walking distance of all amenities including the village swimming pool. The beach at Torre del Mar and Malaga airport are an approximate 40 minute drive. 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.
** Price Reduction ** Village House plus Bar. 3 Bedrooms, 1 Bathroom. Terrace. Essential Properties are pleased to present a village house plus bar in a central village location. The first floor accommodation comprises of a lounge/dining room with doors leading onto a large front balcony, a fitted kitchen, 2 double bedrooms, a single bedroom plus a family bathroom. Door from the kitchen leads up to an enclosed terrace used as a laundry room with steps to the large roof terrace enjoying views over the surrounding village. The property also benefits from 2 large storage rooms off the terrace. The ground floor features the bar/restaurant previously used as a disco bar. The spacious restaurant area provides space for numerous tables for diners, plus a further large area on a mezzanine floor. The kitchen requires installation. Ideally located in the centre of the village within walking distance of all amenities including the village swimming pool. The beach at Torre del Mar and Malaga airport are an approximate 40 minute drive. 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
Colmenar, 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 €159,900 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 |
|---|---|---|---|
| €159,900 | £133,018 | £137,613 | £4,596 |
| Property Price € | €159,900 |
| Minimum cost in the last six months | £133,018 |
| Maximum cost in the last six months | £137,613 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,596 |
Colmenar, 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 €159,900 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 |
|---|---|---|---|
| €159,900 | £133,018 | £137,613 | £4,596 |
| Property Price € | €159,900 |
| Minimum cost in the last six months | £133,018 |
| Maximum cost in the last six months | £137,613 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,596 |
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 £4,596 more.
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