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Village House
Benamocarra, Málaga, Spain
REF: 413977
€165,000
Description
Village House. 5 Bedrooms, 3 Bathrooms. Internal Courtyard and Roof Terrace. Essential Properties are pleased to present 2 village houses connected by an internal courtyard requiring partial renovation and offering scope to create a home and income as a B&B business. The property to the left of the courtyard comprises on the ground floor of an entrance hall, lounge kitchen with storage room, a family bathroom plus a second lounge/reception room. The first floor consists of 2 double bedrooms, a master bedroom with Juliet balcony, a family bathroom and an additional reception room. The house to the right of the courtyard requires renovation and features a lounge, dining room and kitchen. Stairs from the dining room leave up to 2 double bedrooms enjoying Juliet balconies, a family bathroom plus a storage room The property also benefits from a large laundry room with stairs leading up to 2 additional rooms offering scope to create additional living accommodation. Ideally located close to the centre of the village within walking distance of shops, bars, restaurants and the village swimming pool. The beach and Baviera golf course are a 20 minute drive and approximately 50 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. 5 Bedrooms, 3 Bathrooms. Internal Courtyard and Roof Terrace. Essential Properties are pleased to present 2 village houses connected by an internal courtyard requiring partial renovation and offering scope to create a home and income as a B&B business. The property to the left of the courtyard comprises on the ground floor of an entrance hall, lounge kitchen with storage room, a family bathroom plus a second lounge/reception room. The first floor consists of 2 double bedrooms, a master bedroom with Juliet balcony, a family bathroom and an additional reception room. The house to the right of the courtyard requires renovation and features a lounge, dining room and kitchen. Stairs from the dining room leave up to 2 double bedrooms enjoying Juliet balconies, a family bathroom plus a storage room The property also benefits from a large laundry room with stairs leading up to 2 additional rooms offering scope to create additional living accommodation. Ideally located close to the centre of the village within walking distance of shops, bars, restaurants and the village swimming pool. The beach and Baviera golf course are a 20 minute drive and approximately 50 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
Benamocarra, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
Benamocarra, 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 €165,000 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 |
|---|---|---|---|
| €165,000 | £136,671 | £141,809 | £5,138 |
| Property Price € | €165,000 |
| Minimum cost in the last six months | £136,671 |
| Maximum cost in the last six months | £141,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,138 |
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 £5,138 more.
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