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Townhouse plus Bar/Restaurant
Alcaucín, Málaga, Spain
REF: 735935
€650,000
Description
Townhouse plus Bar/Restaurant. 2 Guest Apartments. 9 Bedrooms, 4 Bathrooms. Numerous Terraces. Outstanding Village, Mountain and Countryside Views. Essential Properties are delighted to offer for sale this unique business opportunity previously operating as an award-winning family restaurant and B&B for many years. The ground floor features a 50m2 covered dining terrace with BBQ area leading into the indoor restaurant with seating area, fitted bar and an industrial kitchen. This floor also benefits from his and her s toilets and a storage room leading through to a large garage plus an additional 60m2 storage room. The two guest apartments have independent access from an external staircase and each comprise of a lounge / dining room with fireplace, a good-sized kitchen, a family bathroom with full bath, plus 2 double bedrooms. Main Property The property has access via 2 separate entrances and the ground floor accommodation comprises of a 60m2 patio leading into a large open-plan lounge / kitchen, an additional lounge / dining room enjoying 2 Juliet balconies, a second fitted kitchen, a family shower room plus 2 large double bedrooms. Thie first floor consists of a large landing / relaxation area, a family bathroom with full bath and 3 good-sized double bedrooms. A patio door on the landing leads out onto a first-floor sun terrace with access to a private roof terrace boasting outstanding views of the village, mountains and surrounding countryside. Overview. Set within an attractive plaza close to the heart of the village, this property offers an outstanding opportunity to purchase a home and generate an income. Alcaucin is located at the foot of the Natural Park/Sierra de Tejeda mountain range and enjoys incredible views over Lake Viñuela and surrounding mountains and countryside. This picturesque white pueblo, full of winding cobbled streets, enjoys village shops, bars, restaurants, banks, hotel, village swimming pool and public transport. Alcaucin attracts those in search of nature and beauty and is a popular destination with hikers and cyclists. Lake Vinuela enjoys an outdoor centre offering kayaking, windsurfing and paddle boarding. The beach at Torre del Mar is only a 25 minute drive and Malaga airport is approx 50 minutes.
Townhouse plus Bar/Restaurant. 2 Guest Apartments. 9 Bedrooms, 4 Bathrooms. Numerous Terraces. Outstanding Village, Mountain and Countryside Views. Essential Properties are delighted to offer for sale this unique business opportunity previously operating as an award-winning family restaurant and B&B for many years. The ground floor features a 50m2 covered dining terrace with BBQ area leading into the indoor restaurant with seating area, fitted bar and an industrial kitchen. This floor also benefits from his and her s toilets and a storage room leading through to a large garage plus an additional 60m2 storage room. The two guest apartments have independent access from an external staircase and each comprise of a lounge / dining room with fireplace, a good-sized kitchen, a family bathroom with full bath, plus 2 double bedrooms. Main Property The property has access via 2 separate entrances and the ground floor accommodation comprises of a 60m2 patio leading into a large open-plan lounge / kitchen, an additional lounge / dining room enjoying 2 Juliet balconies, a second fitted kitchen, a family shower room plus 2 large double bedrooms. Thie first floor consists of a large landing / relaxation area, a family bathroom with full bath and 3 good-sized double bedrooms. A patio door on the landing leads out onto a first-floor sun terrace with access to a private roof terrace boasting outstanding views of the village, mountains and surrounding countryside. Overview. Set within an attractive plaza close to the heart of the village, this property offers an outstanding opportunity to purchase a home and generate an income. Alcaucin is located at the foot of the Natural Park/Sierra de Tejeda mountain range and enjoys incredible views over Lake Viñuela and surrounding mountains and countryside. This picturesque white pueblo, full of winding cobbled streets, enjoys village shops, bars, restaurants, banks, hotel, village swimming pool and public transport. Alcaucin attracts those in search of nature and beauty and is a popular destination with hikers and cyclists. Lake Vinuela enjoys an outdoor centre offering kayaking, windsurfing and paddle boarding. The beach at Torre del Mar is only a 25 minute drive and Malaga airport is approx 50 minutes.
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Currency Exchange
Alcaucín, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Alcaucín, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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