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Townhouse plus Bar / Restaurant
Periana, Málaga, Spain
REF: 740817
€279,000
Description
Townhouse plus Bar / Restaurant. 14 Bedrooms, 4 Bathrooms. Large Roof Terrace and Rear Courtyard. Essential Properties are pleased to present this large townhouse plus bar / restaurant located close to the heart of the village. The property offers enormous potential to create a home and income and comprises on the ground floor a fitted bar, 2 separate spacious dining areas; one to the front and one to the rear, an industrial fitted kitchen and storage room, plus a large rear courtyard with his n hers toilets and additional storage area. The accommodation located above has access from the bar and independent access from the street. The main door opens onto a staircase leading to the first floor accommodation comprising of a lounge / dining room, a fitted kitchen with built-in appliances, 2 family bathrooms, plus 9 double bedrooms. Stairs lead up to the second floor accommodation featuring an additional 5 bedroom and 2 bathrooms. The property also benefits from a partially covered roof terrace measuring approx. 100m2. Overview The property requires redistributing and updating and is ideal to create a fantastic property as a home and income offering enormous potential as a B&B business. Situated at an altitude of 547 m above sea level, the pretty village of Periana, full of cobbled streets and picturesque plazas/squares, is 50 km from Málaga and 28 km from Torre del Mar on the coast. The breathtaking views from the village enjoy the surrounding countryside, Lake Viñuela and the Mediterranean Sea and coastline. This large village offers numerous bars, restaurants, shops, medical centre, chemist and a village swimming pool plus benefits from public transport.
Townhouse plus Bar / Restaurant. 14 Bedrooms, 4 Bathrooms. Large Roof Terrace and Rear Courtyard. Essential Properties are pleased to present this large townhouse plus bar / restaurant located close to the heart of the village. The property offers enormous potential to create a home and income and comprises on the ground floor a fitted bar, 2 separate spacious dining areas; one to the front and one to the rear, an industrial fitted kitchen and storage room, plus a large rear courtyard with his n hers toilets and additional storage area. The accommodation located above has access from the bar and independent access from the street. The main door opens onto a staircase leading to the first floor accommodation comprising of a lounge / dining room, a fitted kitchen with built-in appliances, 2 family bathrooms, plus 9 double bedrooms. Stairs lead up to the second floor accommodation featuring an additional 5 bedroom and 2 bathrooms. The property also benefits from a partially covered roof terrace measuring approx. 100m2. Overview The property requires redistributing and updating and is ideal to create a fantastic property as a home and income offering enormous potential as a B&B business. Situated at an altitude of 547 m above sea level, the pretty village of Periana, full of cobbled streets and picturesque plazas/squares, is 50 km from Málaga and 28 km from Torre del Mar on the coast. The breathtaking views from the village enjoy the surrounding countryside, Lake Viñuela and the Mediterranean Sea and coastline. This large village offers numerous bars, restaurants, shops, medical centre, chemist and a village swimming pool plus benefits from public transport.
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Currency Exchange
Periana, 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 €279,000 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 |
|---|---|---|---|
| €279,000 | £231,098 | £239,787 | £8,688 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £231,098 |
| Maximum cost in the last six months | £239,787 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,688 |
Periana, 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 €279,000 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 |
|---|---|---|---|
| €279,000 | £231,098 | £239,787 | £8,688 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £231,098 |
| Maximum cost in the last six months | £239,787 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,688 |
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 £8,688 more.
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