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Situated in the popular town of Mollina in the province of Malaga, Andalucia, Spain
Mollina, Malaga, Spain
REF: 678014
€105,000
Description
Situated in the popular town of Mollina in the province of Malaga, Andalucia, Spain. This Cortijo property comes in two parts a fenced plot of land which currently offers around 10 established olive trees, next to a traditional Spanish style farmhouse with a walled courtyard garden and house which is in need of total reform although full of character with rustic beams and split level floors.. The double gates lead in to the courtyard which has a central fig tree perfect for fruit and summer shade and various outbuildings, the main house opens in to a living room and on to a separate dining room, a ground floor bedroom and upstairs 3 individual rooms. The property is just 2 minutes from shops, bars and restaurants so this really would allow someone to live the good life off the land, which totals 700m2, but safely within the heart of a town, something just as important is that all of this land is classed as urban so there are other options for this project.
Situated in the popular town of Mollina in the province of Malaga, Andalucia, Spain. This Cortijo property comes in two parts a fenced plot of land which currently offers around 10 established olive trees, next to a traditional Spanish style farmhouse with a walled courtyard garden and house which is in need of total reform although full of character with rustic beams and split level floors.. The double gates lead in to the courtyard which has a central fig tree perfect for fruit and summer shade and various outbuildings, the main house opens in to a living room and on to a separate dining room, a ground floor bedroom and upstairs 3 individual rooms. The property is just 2 minutes from shops, bars and restaurants so this really would allow someone to live the good life off the land, which totals 700m2, but safely within the heart of a town, something just as important is that all of this land is classed as urban so there are other options for this project.
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Currency Exchange
Mollina, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
Mollina, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
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 £3,270 more.
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