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**PRICE REDUCTION** Detached Country Cortijo
Riogordo, Málaga, Spain
REF: 667391
€395,000
Description
**PRICE REDUCTION** Detached Country Cortijo. 6 Bedrooms. 5 Bathrooms. Fantastic views. Walking distance into the centre of the village. Essential Properties are delighted to offer this detached country cortijo for sale perfectly situated alongside a river and walking distance into the picturesque village of Riogordo. This spacious cortijo was divided by the current owners to create two independent living areas but could easily be reverted back into a substantial family home. The main property features a spacious lounge with a wood burning stove, an independent dining room, a downstairs cloakroom with toilet, and a large fitted kitchen/breakfast room enjoying a good selection of base and eye level units plus built-in appliances and direct access to the rear garden. The first floor offers a spacious landing creating an idyllic lounge/ office space that leads out to a sun terrace boasting superb country and mountain views, three double bedrooms, a family bathroom plus the master suite features a Juliet balcony and an ensuite shower room. The gardens are enclosed and accessed via a gated entrance that leads into a private terrace/ courtyard enjoying displays of mature trees and shrubs. A side gate leads to an additional patio with excellent views over the river and village. The enclosed rear garden offers scope to install an above-ground swimming pool. The garden also features an orchard with a variety of fruit trees, a vegetable plot, a well, and a store room with a traditional fireplace. A unique property, perfect for an extended family or to generate an income via lettings/ B&B. A viewing is highly recommended to appreciate the size, superb location and exceptional views. Additional features. Mains water. Well water. Mains electric. Annual property tax 660 euros per annum. Traditional features throughout. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela. Surrounded by spectacular countryside and olive groves, the village retains many examples of its Moorish origins and oozes Spanish charm. Additional information: IBI: 660,68 per annum.
**PRICE REDUCTION** Detached Country Cortijo. 6 Bedrooms. 5 Bathrooms. Fantastic views. Walking distance into the centre of the village. Essential Properties are delighted to offer this detached country cortijo for sale perfectly situated alongside a river and walking distance into the picturesque village of Riogordo. This spacious cortijo was divided by the current owners to create two independent living areas but could easily be reverted back into a substantial family home. The main property features a spacious lounge with a wood burning stove, an independent dining room, a downstairs cloakroom with toilet, and a large fitted kitchen/breakfast room enjoying a good selection of base and eye level units plus built-in appliances and direct access to the rear garden. The first floor offers a spacious landing creating an idyllic lounge/ office space that leads out to a sun terrace boasting superb country and mountain views, three double bedrooms, a family bathroom plus the master suite features a Juliet balcony and an ensuite shower room. The gardens are enclosed and accessed via a gated entrance that leads into a private terrace/ courtyard enjoying displays of mature trees and shrubs. A side gate leads to an additional patio with excellent views over the river and village. The enclosed rear garden offers scope to install an above-ground swimming pool. The garden also features an orchard with a variety of fruit trees, a vegetable plot, a well, and a store room with a traditional fireplace. A unique property, perfect for an extended family or to generate an income via lettings/ B&B. A viewing is highly recommended to appreciate the size, superb location and exceptional views. Additional features. Mains water. Well water. Mains electric. Annual property tax 660 euros per annum. Traditional features throughout. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela. Surrounded by spectacular countryside and olive groves, the village retains many examples of its Moorish origins and oozes Spanish charm. Additional information: IBI: 660,68 per annum.
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Currency Exchange
Riogordo, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £328,502 | £339,945 | £11,443 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £328,502 |
| Maximum cost in the last six months | £339,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,443 |
Riogordo, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £328,502 | £339,945 | £11,443 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £328,502 |
| Maximum cost in the last six months | £339,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,443 |
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 £11,443 more.
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