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**PRICE REDUCTION** Townhouse
Torrox, Málaga, Spain
REF: 613513
€600,000
Description
**PRICE REDUCTION** Townhouse. 5 Apartments. 14 Bedrooms. 7 Bathrooms. Terrace. Sea Views. 50 metres to the Beach Essential Properties are delighted to offer for sale this large townhouse, arranged as 5 independent apartments and only 50 metres from the beach. Ground Floor - Unit 1 The largest of the 5 apartments, the accommodation comprises of a spacious lounge / dining room, a fitted kitchen / breakfast room with built-in appliances, a utility room, 2 family bathrooms and 5 bedrooms; one of which is used as an additional lounge / relaxation room. Ground Floor - Unit 2 This apartment consists of a a lounge, kitchen, a family bathroom and 2 double bedrooms. These 2 properties share an enclosed rear patio; each with access from the kitchens. First Floor - the 3 apartments are accessed via a door at street level leading up to the first floor. Unit 3 The accommodation features a lounge, fitted kitchen, a family bathroom and 3 bedrooms. Unit 4 comprises of a kitchen / breakfast room, 2 bedrooms and 2 family bathrooms. The final unit of the property consists of a kitchen / breakfast room, 2 bedrooms and a family bathroom. This floor also benefits from a first floor sun terrace boasting beautiful sea views. Ideally located only 50 metres from the beach creating the ideal property for those searching for a property to generate an income or a return on investment. Torrox is divided into two parts. Torrox Costa enjoys a beach, promenade and numerous bars, shops, restaurants and banks. Torrox Pueblo is a traditional white village and located 4km inland featuring beautiful Spanish plazas (squares), cobbled winding streets and numerous bars, shops, restaurants, banks and a medical centre. Located approx 45 minutes from Malaga airport and 10 minutes from Baviera golf course and Nerja.
**PRICE REDUCTION** Townhouse. 5 Apartments. 14 Bedrooms. 7 Bathrooms. Terrace. Sea Views. 50 metres to the Beach Essential Properties are delighted to offer for sale this large townhouse, arranged as 5 independent apartments and only 50 metres from the beach. Ground Floor - Unit 1 The largest of the 5 apartments, the accommodation comprises of a spacious lounge / dining room, a fitted kitchen / breakfast room with built-in appliances, a utility room, 2 family bathrooms and 5 bedrooms; one of which is used as an additional lounge / relaxation room. Ground Floor - Unit 2 This apartment consists of a a lounge, kitchen, a family bathroom and 2 double bedrooms. These 2 properties share an enclosed rear patio; each with access from the kitchens. First Floor - the 3 apartments are accessed via a door at street level leading up to the first floor. Unit 3 The accommodation features a lounge, fitted kitchen, a family bathroom and 3 bedrooms. Unit 4 comprises of a kitchen / breakfast room, 2 bedrooms and 2 family bathrooms. The final unit of the property consists of a kitchen / breakfast room, 2 bedrooms and a family bathroom. This floor also benefits from a first floor sun terrace boasting beautiful sea views. Ideally located only 50 metres from the beach creating the ideal property for those searching for a property to generate an income or a return on investment. Torrox is divided into two parts. Torrox Costa enjoys a beach, promenade and numerous bars, shops, restaurants and banks. Torrox Pueblo is a traditional white village and located 4km inland featuring beautiful Spanish plazas (squares), cobbled winding streets and numerous bars, shops, restaurants, banks and a medical centre. Located approx 45 minutes from Malaga airport and 10 minutes from Baviera golf course and Nerja.
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Currency Exchange
Torrox, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £499,128 | £516,372 | £17,244 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £499,128 |
| Maximum cost in the last six months | £516,372 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,244 |
Torrox, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £499,128 | £516,372 | £17,244 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £499,128 |
| Maximum cost in the last six months | £516,372 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,244 |
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 £17,244 more.
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