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Spanish Country House
Colmenar, Málaga, Spain
REF: 495444
€178,000
Description
Spanish Country House. 4 Bedrooms, 2 Bathrooms. Terrace and Garden. Garage. Outstanding Mountain and Countryside Views. Rustic Cortijo This traditional Spanish cortijo requires minor modernisation. The property currently features 4 bedrooms, 2 bathrooms and a spacious 30m2 open-plan lounge/dining room/kitchen. The 25m2 garage offers scope for additional accommodation. Perfectly situated above a 28,000m2 plot boasting a variety of trees and only a few minutes drive to local amenities. A 150m2 terrace enjoys views over the nearby village and surrounding countryside. The property also benefits from mains water and electric Access to the property is via a 400 metre concrete track accessible in any vehicle and is only 5.5kms from Colmenar village. Colmenar has an altitude of 700 metres and a population of 3,600. The foothills of the Sierra de Camaroles lie to the north and Mount Miraflores to the south. It is located at the most westerly point of Axarquia approx 30 minutes drive from Malaga, 10 minutes from Lake Viñuela and 30 minutes drive from the coast at Rincon de la Victoria. This vibrant town features narrow winding streets in the upper area and a good selection of bars, shops, restaurants, schools and a 24 hour health centre in the town centre. An excellent location with easy access to Malaga and beaches via public transport.
Spanish Country House. 4 Bedrooms, 2 Bathrooms. Terrace and Garden. Garage. Outstanding Mountain and Countryside Views. Rustic Cortijo This traditional Spanish cortijo requires minor modernisation. The property currently features 4 bedrooms, 2 bathrooms and a spacious 30m2 open-plan lounge/dining room/kitchen. The 25m2 garage offers scope for additional accommodation. Perfectly situated above a 28,000m2 plot boasting a variety of trees and only a few minutes drive to local amenities. A 150m2 terrace enjoys views over the nearby village and surrounding countryside. The property also benefits from mains water and electric Access to the property is via a 400 metre concrete track accessible in any vehicle and is only 5.5kms from Colmenar village. Colmenar has an altitude of 700 metres and a population of 3,600. The foothills of the Sierra de Camaroles lie to the north and Mount Miraflores to the south. It is located at the most westerly point of Axarquia approx 30 minutes drive from Malaga, 10 minutes from Lake Viñuela and 30 minutes drive from the coast at Rincon de la Victoria. This vibrant town features narrow winding streets in the upper area and a good selection of bars, shops, restaurants, schools and a 24 hour health centre in the town centre. An excellent location with easy access to Malaga and beaches via public transport.
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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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
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 €178,000 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 |
|---|---|---|---|
| €178,000 | £147,439 | £152,982 | £5,543 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £147,439 |
| Maximum cost in the last six months | £152,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,543 |
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 £5,543 more.
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