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First Floor Apartment plus Bar
Riogordo, Málaga, Spain
REF: 717828
€270,000
Description
First Floor Apartment plus Bar. 3 Bedrooms, 2 Bathrooms. Terrace and Balcony. Essential Properties are pleased to present this first floor apartment plus a ground floor bar offering scope to create a home and income. The property was originally built in 2001 and has been recently renovated throughout. Bar / Restaurant This spacious bar measures approx. 141m2 and benefits from a fitted bar area with built-in storage and a large wine rack, a large industrial kitchen equipped with modern fridge freezers, extractor fans plus metal preparation tables plus his n hers toilets. The rear of the property, accessed directly from the restaurant area, features a 55m2 fully tiled upper terrace with a 20m2 storage room, a lower terrace of 30m2 with an additional storage area, plus a 35m2 fenced area featuring enclosed animal pens and 25m2 bodega / wine cellar. Apartment / Owner s Accommodation This modern first floor apartment has been finished to a very high standard and comprises of a spacious lounge with a large feature fireplace and patio doors onto a balcony, a good-sized kitchen / breakfast room enjoying direct access to a rear sun terrace, a family shower room, 2 guest double bedrooms; each with fitted wardrobes, plus a master bedroom benefitting from built-in wardrobes and an en-suite bathroom with full bath. Overview A fully renovated property offering the potential to create a good quality bar / restaurant with various terraces, or as a buy-to-let investment opportunity. Situated close to all local amenities with parking nearby. Viewing is a must. 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.
First Floor Apartment plus Bar. 3 Bedrooms, 2 Bathrooms. Terrace and Balcony. Essential Properties are pleased to present this first floor apartment plus a ground floor bar offering scope to create a home and income. The property was originally built in 2001 and has been recently renovated throughout. Bar / Restaurant This spacious bar measures approx. 141m2 and benefits from a fitted bar area with built-in storage and a large wine rack, a large industrial kitchen equipped with modern fridge freezers, extractor fans plus metal preparation tables plus his n hers toilets. The rear of the property, accessed directly from the restaurant area, features a 55m2 fully tiled upper terrace with a 20m2 storage room, a lower terrace of 30m2 with an additional storage area, plus a 35m2 fenced area featuring enclosed animal pens and 25m2 bodega / wine cellar. Apartment / Owner s Accommodation This modern first floor apartment has been finished to a very high standard and comprises of a spacious lounge with a large feature fireplace and patio doors onto a balcony, a good-sized kitchen / breakfast room enjoying direct access to a rear sun terrace, a family shower room, 2 guest double bedrooms; each with fitted wardrobes, plus a master bedroom benefitting from built-in wardrobes and an en-suite bathroom with full bath. Overview A fully renovated property offering the potential to create a good quality bar / restaurant with various terraces, or as a buy-to-let investment opportunity. Situated close to all local amenities with parking nearby. Viewing is a must. 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.
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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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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