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Country Property
Almayate, Málaga, Spain
REF: 684821
€500,000
Description
Country Property. 3 Independent Houses. 7 Bedrooms, 3 Bathrooms. Terrace and Garden. Garage. Mountain and Countryside Views. Essential Properties are delighted to offer for sale 3 independent properties offering enormous scope to create a genererous home for an extended family or a home with superb rental options. Main House The ground floor accommodation comprises of a spacious lounge / dining room with an open-plan fitted kitchen and sliding patio doors opening onto the front terrace. This floor also features two double bedrooms and a family bathroom. Stairs lead up to a mezzanine floor / 3rd double bedroom. Rental Unit 1 A front terrace, perfect for "al fresco dining, leads into a lounge with fireplace and open-plan kitchenette, 2 double bedrooms each with built-in wardrobes, plus a family bathroom. The first floor consists of a large double bedroom with direct access to a private sun terrace boasting views of the surrounding mountains and countryside. Rental Unit 2 This single-storey property features a front terrace leading into a kitchenette with dining area, a family shower room and a lounge / double bedroom. Additional benefits include a large garage / storage room, a 40,000 litre water deposit plus mains water and electric. IBI / Yearly tax: 600 The property is located within a small cluster of houses only 5 minutes from Almayate and 10 minutes from the beach. Almayate is a small coastal village featuring tapas bars. restaurants, shops, banks and public transport. The beach is approx 2kms from the village and the bustling town of Torre del Mar is only a 5 minute drive. An hourly bus operates to Malaga and along the coast to Nerja. Malaga airport is approx 35 minute drive and Añoreta and Baviera golf courses are a 10 minute drive.
Country Property. 3 Independent Houses. 7 Bedrooms, 3 Bathrooms. Terrace and Garden. Garage. Mountain and Countryside Views. Essential Properties are delighted to offer for sale 3 independent properties offering enormous scope to create a genererous home for an extended family or a home with superb rental options. Main House The ground floor accommodation comprises of a spacious lounge / dining room with an open-plan fitted kitchen and sliding patio doors opening onto the front terrace. This floor also features two double bedrooms and a family bathroom. Stairs lead up to a mezzanine floor / 3rd double bedroom. Rental Unit 1 A front terrace, perfect for "al fresco dining, leads into a lounge with fireplace and open-plan kitchenette, 2 double bedrooms each with built-in wardrobes, plus a family bathroom. The first floor consists of a large double bedroom with direct access to a private sun terrace boasting views of the surrounding mountains and countryside. Rental Unit 2 This single-storey property features a front terrace leading into a kitchenette with dining area, a family shower room and a lounge / double bedroom. Additional benefits include a large garage / storage room, a 40,000 litre water deposit plus mains water and electric. IBI / Yearly tax: 600 The property is located within a small cluster of houses only 5 minutes from Almayate and 10 minutes from the beach. Almayate is a small coastal village featuring tapas bars. restaurants, shops, banks and public transport. The beach is approx 2kms from the village and the bustling town of Torre del Mar is only a 5 minute drive. An hourly bus operates to Malaga and along the coast to Nerja. Malaga airport is approx 35 minute drive and Añoreta and Baviera golf courses are a 10 minute drive.
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Currency Exchange
Almayate, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
Almayate, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
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 £14,370 more.
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