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Townhouse
Vélez-Málaga, Málaga, Spain
REF: 586502
€155,000
Description
Townhouse. 5 Bedrooms, 2 Bathrooms. Roof Terrace. Historic Town Views. Essential Properties are delighted to offer for sale this large townhouse offering enormous potential to create a fantastic family home plus guest apartment with independent access. Entering from the street level, the ground floor accommodation comprises of a lounge / reception room a spacious, fully fitted kitchen / breakfast room with a good selection of base and eye-level units and built-in appliances, a second lounge / dining room, 2 double bedrooms and a family bathroom. Stairs from the reception room lead up to the first floor consisting of a double bedroom and a spacious 50m2 covered terrace / entertainment area featuring a family bathroom and a storeroom / additional bedroom. The terrace boasts fabulous views of the town, ancient fortress and the surrounding countryside. The property also has a small roof terrace with a store room and excellent views. Stairs from the kitchen lead down to the lower ground floor / basement level which features a double bedroom and a 2nd kitchen / breakfast room. The second part of this level requires renovation and offers tremendous potential to create a 2 / 3 bedroom, 2 bathroom guest apartment with independent access. Overview. A large townhouse close to parking and all amenities, the property offers excellent scope to create a family home and income potential. Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town. Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour. A superb town to experience and integrate into the Spanish lifestyle and culture.
Townhouse. 5 Bedrooms, 2 Bathrooms. Roof Terrace. Historic Town Views. Essential Properties are delighted to offer for sale this large townhouse offering enormous potential to create a fantastic family home plus guest apartment with independent access. Entering from the street level, the ground floor accommodation comprises of a lounge / reception room a spacious, fully fitted kitchen / breakfast room with a good selection of base and eye-level units and built-in appliances, a second lounge / dining room, 2 double bedrooms and a family bathroom. Stairs from the reception room lead up to the first floor consisting of a double bedroom and a spacious 50m2 covered terrace / entertainment area featuring a family bathroom and a storeroom / additional bedroom. The terrace boasts fabulous views of the town, ancient fortress and the surrounding countryside. The property also has a small roof terrace with a store room and excellent views. Stairs from the kitchen lead down to the lower ground floor / basement level which features a double bedroom and a 2nd kitchen / breakfast room. The second part of this level requires renovation and offers tremendous potential to create a 2 / 3 bedroom, 2 bathroom guest apartment with independent access. Overview. A large townhouse close to parking and all amenities, the property offers excellent scope to create a family home and income potential. Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga. It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town. Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour. A superb town to experience and integrate into the Spanish lifestyle and culture.
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Currency Exchange
Vélez-Málaga, 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 €155,000 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 |
|---|---|---|---|
| €155,000 | £128,941 | £133,396 | £4,455 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £128,941 |
| Maximum cost in the last six months | £133,396 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,455 |
Vélez-Málaga, 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 €155,000 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 |
|---|---|---|---|
| €155,000 | £128,941 | £133,396 | £4,455 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £128,941 |
| Maximum cost in the last six months | £133,396 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,455 |
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 £4,455 more.
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