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**PRICE REDUCTION** Village House
Riogordo, Málaga, Spain
REF: 753673
€125,000
Description
**PRICE REDUCTION** Village House. 2 Bedrooms, 1 Bathroom. Terrace. Plunge Pool. Fabulous Views. Essential Properties are delighted to offer for sale this well-presented village house situated within a small hamlet of 15 houses. The property is located 1200m from the nearest bar / restaurant and has been sympathetically renovated to an excellent standard by the current owners. The ground floor accommodation comprises of a 24m2 modern, open-plan fitted kitchen / breakfast room with granite worktops, built-in appliances and fireplace, a good-sized double bedroom, a family bathroom with Jacuzzi bath plus a hallway with storage. The first floor consists of a semi open plan area with a landing, private bedroom with storage units and a large lounge / dining room enjoying a Juliet balcony boasting fabulous views over the surrounding mountains and countryside. The property also benefits from a 20m2 front terrace with plunge pool. Overview An attractive property boasting many original features including wood beamed ceilings, wood tiled floors and wooden shutters. With a tourism licence already in place, this would be the perfect property to generate a rental income. Viewing is a must to appreciate the peace and tranquility of the surroundings. Located within stunning scenery and only a 5 minute drive from Riogordo and 10 minutes to Periana and the pretty mountain village of Alfarnatejo village, offering shops, bars and restaurants. The beach at Torre del Mar and Malaga airport are approximately 40 minutes drive.
**PRICE REDUCTION** Village House. 2 Bedrooms, 1 Bathroom. Terrace. Plunge Pool. Fabulous Views. Essential Properties are delighted to offer for sale this well-presented village house situated within a small hamlet of 15 houses. The property is located 1200m from the nearest bar / restaurant and has been sympathetically renovated to an excellent standard by the current owners. The ground floor accommodation comprises of a 24m2 modern, open-plan fitted kitchen / breakfast room with granite worktops, built-in appliances and fireplace, a good-sized double bedroom, a family bathroom with Jacuzzi bath plus a hallway with storage. The first floor consists of a semi open plan area with a landing, private bedroom with storage units and a large lounge / dining room enjoying a Juliet balcony boasting fabulous views over the surrounding mountains and countryside. The property also benefits from a 20m2 front terrace with plunge pool. Overview An attractive property boasting many original features including wood beamed ceilings, wood tiled floors and wooden shutters. With a tourism licence already in place, this would be the perfect property to generate a rental income. Viewing is a must to appreciate the peace and tranquility of the surroundings. Located within stunning scenery and only a 5 minute drive from Riogordo and 10 minutes to Periana and the pretty mountain village of Alfarnatejo village, offering shops, bars and restaurants. The beach at Torre del Mar and Malaga airport are approximately 40 minutes drive.
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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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
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 £3,893 more.
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