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GREAT INVESTMENT OPPORTUNITY! This private villa is about 70% completed and could also be used as a Boutique hotel or bed & breakfast
Alhaurín el Grande, Málaga, Spain, 29120
REF: 519899
€875,000
Description
GREAT INVESTMENT OPPORTUNITY! This private villa is about 70% completed and could also be used as a Boutique hotel or bed & breakfast. There are lots of possibilities with a build size of 1.089m . The layout is as follows:
Basement (101m ): fitted with windows, wine cellar or gym, guest WC.
Ground floor (604m ): 4 bedrooms with ensuite bathrooms, Staff apartment with 2 bedrooms, 1 bathroom, utility room and a separate guest accommodation with 3 bedrooms, 3 bathrooms, kitchen, and living area.
First Floor (279m ): Large living room with high ceiling and fireplace, dining room, kitchen and bathroom.
Top Floor (101m ): Gallery, with installation prepared for a lift (elevator).
Outside is a large terrace and private pool on a plot of almost 4,000m .
The property is located at the top of a private, exclusive gated urbanisation, only 5 minutes from the town, giving it a fantastic view of the Guadalhorce Valley and Sierra Nevada.
An evaluation was given in 2017 of 1.1 million Euros in its current condition, and 2.2 million Euros when finished.
CALL US FOR MORE DETAILS, PHOTOS AND VIDEOS.
GREAT INVESTMENT OPPORTUNITY! This private villa is about 70% completed and could also be used as a Boutique hotel or bed & breakfast. There are lots of possibilities with a build size of 1.089m . The layout is as follows:
Basement (101m ): fitted with windows, wine cellar or gym, guest WC.
Ground floor (604m ): 4 bedrooms with ensuite bathrooms, Staff apartment with 2 bedrooms, 1 bathroom, utility room and a separate guest accommodation with 3 bedrooms, 3 bathrooms, kitchen, and living area.
First Floor (279m ): Large living room with high ceiling and fireplace, dining room, kitchen and bathroom.
Top Floor (101m ): Gallery, with installation prepared for a lift (elevator).
Outside is a large terrace and private pool on a plot of almost 4,000m .
The property is located at the top of a private, exclusive gated urbanisation, only 5 minutes from the town, giving it a fantastic view of the Guadalhorce Valley and Sierra Nevada.
An evaluation was given in 2017 of 1.1 million Euros in its current condition, and 2.2 million Euros when finished.
CALL US FOR MORE DETAILS, PHOTOS AND VIDEOS.
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Property on Map
Currency Exchange
Alhaurín el Grande, Málaga, Spain, 29120
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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
Alhaurín el Grande, Málaga, Spain, 29120
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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
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 £27,248 more.
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