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Stunning Property Offer: Price Reduced from 1,049,000 to 950,000 Discover this exceptional villa with a renowned restaurant and breathtaking sea views in Frigiliana
Frigiliana, Málaga, Spain
REF: 607257
€950,000
Description
Stunning Property Offer: Price Reduced from 1,049,000 to 950,000 Discover this exceptional villa with a renowned restaurant and breathtaking sea views in Frigiliana. This well-maintained property presents an outstanding investment opportunity with significant development potential. Property Highlights: Villa: Size: Approximately 75 sqm Layout: Two bedrooms (one en-suite), an additional bathroom, a cozy living room, and an open-plan kitchenette Features: Decorative ceilings, underfloor heating throughout, and a spacious terrace with stunning sea and mountain views Renowned Restaurant: Operation: In business for 35 years. Ambiance: Beautifully decorated in traditional Andalusian style with wooden furnishings and large windows offering scenic views Facilities: Fully equipped, bright kitchen, large basement storage, ample indoor and outdoor seating on a south and east-facing terrace View: 360-degree panoramic views of the Mediterranean and surrounding mountains Studio Apartment: Size: Approximately 50 sqm Layout: Open plan with kitchen, living area, and a large bathroom with a shower Suitability: Ideal for rental, with a separate entrance Additional Plot: Size: 10,700 sqm Features: Olive and citrus trees, terraced layout for easy maintenance, a 40 sqm building with water and electricity Potential: Ample space for personal cultivation or further development Utilities and Parking: Water Supply: Community water system with a 9,500-liter deposit and water purifier installed Parking: Plenty of parking space, including a lockable garage Investment Potential: This property offers the flexibility to convert into a larger rural residence, create three independent homes, or continue operating the esteemed restaurant. It's perfect for a family or a business looking to invest and capitalize on this incredible estate. Contact us for more information, additional pictures, and videos. Don't miss this rare opportunity to own a unique and versatile property in a prime location.
Stunning Property Offer: Price Reduced from 1,049,000 to 950,000 Discover this exceptional villa with a renowned restaurant and breathtaking sea views in Frigiliana. This well-maintained property presents an outstanding investment opportunity with significant development potential. Property Highlights: Villa: Size: Approximately 75 sqm Layout: Two bedrooms (one en-suite), an additional bathroom, a cozy living room, and an open-plan kitchenette Features: Decorative ceilings, underfloor heating throughout, and a spacious terrace with stunning sea and mountain views Renowned Restaurant: Operation: In business for 35 years. Ambiance: Beautifully decorated in traditional Andalusian style with wooden furnishings and large windows offering scenic views Facilities: Fully equipped, bright kitchen, large basement storage, ample indoor and outdoor seating on a south and east-facing terrace View: 360-degree panoramic views of the Mediterranean and surrounding mountains Studio Apartment: Size: Approximately 50 sqm Layout: Open plan with kitchen, living area, and a large bathroom with a shower Suitability: Ideal for rental, with a separate entrance Additional Plot: Size: 10,700 sqm Features: Olive and citrus trees, terraced layout for easy maintenance, a 40 sqm building with water and electricity Potential: Ample space for personal cultivation or further development Utilities and Parking: Water Supply: Community water system with a 9,500-liter deposit and water purifier installed Parking: Plenty of parking space, including a lockable garage Investment Potential: This property offers the flexibility to convert into a larger rural residence, create three independent homes, or continue operating the esteemed restaurant. It's perfect for a family or a business looking to invest and capitalize on this incredible estate. Contact us for more information, additional pictures, and videos. Don't miss this rare opportunity to own a unique and versatile property in a prime location.
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Currency Exchange
Frigiliana, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
Frigiliana, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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