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Detached Country House
Villanueva de Algaidas, Málaga, Spain
REF: 608239
€240,000
Description
Detached Country House. 3 Bedrooms, 2 Bathrooms. Garden. Olive Trees. Above-ground Swimming Pool. Outstanding Countryside Views. Home and Income. Essential Properties are pleased to present this detached country house situated within beautiful countryside only 1km from Villanueva de Algaidas. With a tourism licence in place, the property is currently used for rural rentals; however would create the ideal country holiday home. The ground floor accommodation comprises of a spacious lounge / dining room, a fitted kitchen, 2 double bedrooms and a family shower room. The lounge has direct access to a 25m2 gated front terrace. Stairs from the lounge lead down to the lower level featuring a large family entertainment room with fireplace, a large double bedroom and a family bathroom. Exterior. The 28,400m2 has been planted with olive trees generating an income of approximately 10,000 - 15,000 per annum. The owner also receives a grant of approximately 2,500 from the town hall. A short driveway leads from the road down towards the garage alongside the lower accommodation. The property also benefits from a large, above-ground swimming pool. 11 solar panels have been installed in order to generate electricity. The property requires updating and has possibilities to create a large 3 bedroom / 2 bathroom property on the lower level and a 2 bedroom, 1 bathroom guest apartment / rental unit upstairs. The land offers great potential to increase productivity. Ideally located on a quiet, concrete country road only a short distance from Villanueva de Algaidas. Villanueva de Algaidas sits at 536m above sea level and has a population of approx. 4,200. This large village offers numerous shops, bars, restaurants and a municipal swimming pool. Situated approximately 70kms from Malaga capital, the airport and beach are a 1 hour drive.
Detached Country House. 3 Bedrooms, 2 Bathrooms. Garden. Olive Trees. Above-ground Swimming Pool. Outstanding Countryside Views. Home and Income. Essential Properties are pleased to present this detached country house situated within beautiful countryside only 1km from Villanueva de Algaidas. With a tourism licence in place, the property is currently used for rural rentals; however would create the ideal country holiday home. The ground floor accommodation comprises of a spacious lounge / dining room, a fitted kitchen, 2 double bedrooms and a family shower room. The lounge has direct access to a 25m2 gated front terrace. Stairs from the lounge lead down to the lower level featuring a large family entertainment room with fireplace, a large double bedroom and a family bathroom. Exterior. The 28,400m2 has been planted with olive trees generating an income of approximately 10,000 - 15,000 per annum. The owner also receives a grant of approximately 2,500 from the town hall. A short driveway leads from the road down towards the garage alongside the lower accommodation. The property also benefits from a large, above-ground swimming pool. 11 solar panels have been installed in order to generate electricity. The property requires updating and has possibilities to create a large 3 bedroom / 2 bathroom property on the lower level and a 2 bedroom, 1 bathroom guest apartment / rental unit upstairs. The land offers great potential to increase productivity. Ideally located on a quiet, concrete country road only a short distance from Villanueva de Algaidas. Villanueva de Algaidas sits at 536m above sea level and has a population of approx. 4,200. This large village offers numerous shops, bars, restaurants and a municipal swimming pool. Situated approximately 70kms from Malaga capital, the airport and beach are a 1 hour drive.
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Currency Exchange
Villanueva de Algaidas, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
Villanueva de Algaidas, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
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 £7,474 more.
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