In the heart of the Axarquía, you will find this real estate gem: an ancient water mill, a unique property that will enchant those seeking tranquility and charm in a privileged natural environment

Riogordo, Málaga, Spain

For Sale

€378,000

REF: 718960 €378,000


4

1


422 m2

24000 m2

Description

In the heart of the Axarquía, you will find this real estate gem: an ancient water mill, a unique property that will enchant those seeking tranquility and charm in a privileged natural environment. Located on an extensive plot of 24,000m2, this property is surrounded by fruit trees and orchards lining a picturesque river, providing a serene and relaxing atmosphere.

The house, spread across two floors, offers a cozy and bright space. On the first floor, a luminous living room with large windows, wooden beams, and earthen floors invites you to enjoy unparalleled views. Additionally, there is another additional lounge, a fully equipped independent kitchen, and a bathroom, providing all the necessary comforts.

It also features a porch, adding another charming corner to the property. The second floor houses four spacious bedrooms, each with large windows offering views of the valley. A spacious hallway connects these rooms, adding a distinctive touch to the property.The roof has been repaired while preserving period tiles, One truly special feature of this property is its proximity to the river, which flows right up to the house, forming a natural pool.

In addition to the main house, the property features various additional facilities that complement its charm. Tool sheds, an old barn, stables, a machinery room, storage rooms, and other spaces dedicated to the use of the mill, which retains its original license, further enrich the appeal of this unique place.

It also has a garage. The extensive plot is populated with mature fruit trees and features a large orchard area. The property is part of the community of irrigators, ensuring an organized irrigation system through channels and large motors that harness the river's flow. The water mill functioned in the past as a hydroelectric station, adding historical and cultural richness.

The plot also includes an urbanizable part at the higher elevation, expanding possibilities for a future project. This location amidst nature makes the ancient mill an ideal place for rural tourism or even a charming hotel, where you can enjoy the tranquility and beauty of the region while still being close to all kinds of services, restaurants, and shops.

Moreover, the proximity to the beaches of the Costa del Sol, just 35 minutes away, adds even more appeal to this unique property. Ideal for those seeking a distinctive home in a privileged natural setting, with all the comforts and possibilities to enjoy a peaceful life surrounded by nature.
In the heart of the Axarquía, you will find this real estate gem: an ancient water mill, a unique property that will enchant those seeking tranquility and charm in a privileged natural environment. Located on an extensive plot of 24,000m2, this property is surrounded by fruit trees and orchards lining a picturesque river, providing a serene and relaxing atmosphere.

The house, spread across two floors, offers a cozy and bright space. On the first floor, a luminous living room with large windows, wooden beams, and earthen floors invites you to enjoy unparalleled views. Additionally, there is another additional lounge, a fully equipped independent kitchen, and a bathroom, providing all the necessary comforts.

It also features a porch, adding another charming corner to the property. The second floor houses four spacious bedrooms, each with large windows offering views of the valley. A spacious hallway connects these rooms, adding a distinctive touch to the property.The roof has been repaired while preserving period tiles, One truly special feature of this property is its proximity to the river, which flows right up to the house, forming a natural pool.

In addition to the main house, the property features various additional facilities that complement its charm. Tool sheds, an old barn, stables, a machinery room, storage rooms, and other spaces dedicated to the use of the mill, which retains its original license, further enrich the appeal of this unique place.

It also has a garage. The extensive plot is populated with mature fruit trees and features a large orchard area. The property is part of the community of irrigators, ensuring an organized irrigation system through channels and large motors that harness the river's flow. The water mill functioned in the past as a hydroelectric station, adding historical and cultural richness.

The plot also includes an urbanizable part at the higher elevation, expanding possibilities for a future project. This location amidst nature makes the ancient mill an ideal place for rural tourism or even a charming hotel, where you can enjoy the tranquility and beauty of the region while still being close to all kinds of services, restaurants, and shops.

Moreover, the proximity to the beaches of the Costa del Sol, just 35 minutes away, adds even more appeal to this unique property. Ideal for those seeking a distinctive home in a privileged natural setting, with all the comforts and possibilities to enjoy a peaceful life surrounded by nature.
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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 €378,000 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
€378,000 £314,364 £325,314 £10,951
Property Price € €378,000
Minimum cost in the last six months £314,364
Maximum cost in the last six months £325,314
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,951

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 €378,000 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
€378,000 £314,364 £325,314 £10,951
Property Price € €378,000
Minimum cost in the last six months £314,364
Maximum cost in the last six months £325,314
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,951

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 £10,951 more.

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