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Townhouse in the Center of Torrox This unique property combines village life with stunning panoramic views of the mountains, the sea, and the historic old town
Torrox, Málaga, Spain
REF: 719854
€224,000
Description
Townhouse in the Center of Torrox This unique property combines village life with stunning panoramic views of the mountains, the sea, and the historic old town. Situated in a privileged location, this house offers traditional charm and is well-connected, being only 50km away from the capital city of Malaga. With its three floors, this property offers endless possibilities. On the ground floor, there is a spacious area that can be used as a commercial space. This makes it an excellent opportunity for investors, as it can be used as an attractive business in the heart of the village. The house features nine rooms, providing ample space for vacation rentals or a boutique hotel. All rooms are exterior, allowing natural light to illuminate every corner and creating a cozy atmosphere. Additionally, there are two bathrooms. The property boasts a terrace of 70m2, perfect for enjoying the beautiful surroundings and hosting gatherings. The Center of Torrox is a charming place, with cobblestone streets, picturesque squares, and a rich history. Furthermore, its proximity to the sea and the mountains offers various options for nature and beach lovers.
Townhouse in the Center of Torrox This unique property combines village life with stunning panoramic views of the mountains, the sea, and the historic old town. Situated in a privileged location, this house offers traditional charm and is well-connected, being only 50km away from the capital city of Malaga. With its three floors, this property offers endless possibilities. On the ground floor, there is a spacious area that can be used as a commercial space. This makes it an excellent opportunity for investors, as it can be used as an attractive business in the heart of the village. The house features nine rooms, providing ample space for vacation rentals or a boutique hotel. All rooms are exterior, allowing natural light to illuminate every corner and creating a cozy atmosphere. Additionally, there are two bathrooms. The property boasts a terrace of 70m2, perfect for enjoying the beautiful surroundings and hosting gatherings. The Center of Torrox is a charming place, with cobblestone streets, picturesque squares, and a rich history. Furthermore, its proximity to the sea and the mountains offers various options for nature and beach lovers.
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Currency Exchange
Torrox, 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 €224,000 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 |
|---|---|---|---|
| €224,000 | £184,554 | £192,517 | £7,963 |
| Property Price € | €224,000 |
| Minimum cost in the last six months | £184,554 |
| Maximum cost in the last six months | £192,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,963 |
Torrox, 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 €224,000 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 |
|---|---|---|---|
| €224,000 | £184,554 | £192,517 | £7,963 |
| Property Price € | €224,000 |
| Minimum cost in the last six months | £184,554 |
| Maximum cost in the last six months | £192,517 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,963 |
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 £7,963 more.
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