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Country House
Alfarnatejo, Malaga, Spain
REF: 613801
€574,900
Description
Country House. 2 Bedrooms, 2 Bathrooms. Terrace and Garden. Stunning Mountain and Countryside Views. Home and Income. Business Opportunity. Essential Properties are pleased to present a large warehouse / industrial unit, plus living accommodation, offering stunning views over the surrounding mountains, countryside and the Sierra de Alfarnatejo. Situated only 500 metres from Alfarnatejo village, the property is currently used and operating as an olive oil manufacturing business. The main building measuring approximately 165m2 is divided into various processing / manufacturing rooms with storage and benefits from insulated walls, underfloor heating and a shower room along with high quality doors and electrical systems. The current owners have constructed a 70m2 living accommodation connected to one end comprising of a lounge with open-plan fitted kitchen, 2 large double bedrooms and a modern fitted family shower room. The lounge benefits from large picture windows offering stunning views across the valley. Additional features include mains water and electric, a water deposit with a capacity of 110,000 litres and centralised air conditioning. An electric gated driveway leads up to the fully fenced, gently sloping plot measuring 61,125m2, boasting magnificent views. Note: all machinery will be removed as the current owners are relocating the business. Overview A country property enjoying good privacy and situated only 500 metres from the picturesque mountain village of Alfarnatejo featuring shops, bars and restaurants. An ideal property for any manufacturing business or retreat. The plot has many levels with vehicle access providing excellent opportunities for rural tourism e.g camping, cabins or yurts. The beach at Torre del Mar and Malaga airport are approximately 50 minutes drive.
Country House. 2 Bedrooms, 2 Bathrooms. Terrace and Garden. Stunning Mountain and Countryside Views. Home and Income. Business Opportunity. Essential Properties are pleased to present a large warehouse / industrial unit, plus living accommodation, offering stunning views over the surrounding mountains, countryside and the Sierra de Alfarnatejo. Situated only 500 metres from Alfarnatejo village, the property is currently used and operating as an olive oil manufacturing business. The main building measuring approximately 165m2 is divided into various processing / manufacturing rooms with storage and benefits from insulated walls, underfloor heating and a shower room along with high quality doors and electrical systems. The current owners have constructed a 70m2 living accommodation connected to one end comprising of a lounge with open-plan fitted kitchen, 2 large double bedrooms and a modern fitted family shower room. The lounge benefits from large picture windows offering stunning views across the valley. Additional features include mains water and electric, a water deposit with a capacity of 110,000 litres and centralised air conditioning. An electric gated driveway leads up to the fully fenced, gently sloping plot measuring 61,125m2, boasting magnificent views. Note: all machinery will be removed as the current owners are relocating the business. Overview A country property enjoying good privacy and situated only 500 metres from the picturesque mountain village of Alfarnatejo featuring shops, bars and restaurants. An ideal property for any manufacturing business or retreat. The plot has many levels with vehicle access providing excellent opportunities for rural tourism e.g camping, cabins or yurts. The beach at Torre del Mar and Malaga airport are approximately 50 minutes drive.
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Currency Exchange
Alfarnatejo, Malaga, 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 €574,900 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 |
|---|---|---|---|
| €574,900 | £478,248 | £494,770 | £16,523 |
| Property Price € | €574,900 |
| Minimum cost in the last six months | £478,248 |
| Maximum cost in the last six months | £494,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,523 |
Alfarnatejo, Malaga, 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 €574,900 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 |
|---|---|---|---|
| €574,900 | £478,248 | £494,770 | £16,523 |
| Property Price € | €574,900 |
| Minimum cost in the last six months | £478,248 |
| Maximum cost in the last six months | £494,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,523 |
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 £16,523 more.
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