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PRICE DROP FOR A QUICK SALE
Mijas, Malaga, Spain
REF: 755598
€1,500,000
Description
PRICE DROP FOR A QUICK SALE. From 2.000.000 to 1.500.000 . Located in the picturesque Loma de Flamenco with a privileged southwest orientation, this Cortijo offers a unique rural experience. With eight bedrooms and seven bathrooms, the property features rustic charm and the option to include bespoke furniture. The equestrian aspect of the property is highlighted by a spacious stable that can accommodate up to twelve horses, as well as a riding arena for equestrian activities. It also has an area dedicated to the hotel industry, offering the opportunity to convert it into a charming rural hotel. The rustic architectural style is complemented by ample parking for up to ten cars, while the equestrian licence guarantees the legality of the facilities. It offers significant potential with the possibility of extension. Four storerooms provide additional space, and the ensemble suggests a unique opportunity to create an exceptional country residence with high quality equestrian facilities. Finca, Countryside, Furnished: Optional, Fitted Kitchen, Parking: Private, Facing: Southwest Views: Mountains. Features Air Conditioning, Air Conditioning Hot/Cold, Barbecue, Conveniently Situated Tennis, Covered Terrace, Electric Entry Phone, En suite bathroom, Fireplace, Fitted Kitchen, Fruit Trees, Full of Character, Gated Complex, Good Rental Potential, Ideal Family Home, Ideal for Country Lovers, Investment Property, Jacuzzi, Living room, Living room with fireplace, Master Suite with Fireplace, Possibility of extension, Quality Residence, Renovation Needed, Sought After Area, Space for Garage, Stable, Storage room, Water Deposit.
PRICE DROP FOR A QUICK SALE. From 2.000.000 to 1.500.000 . Located in the picturesque Loma de Flamenco with a privileged southwest orientation, this Cortijo offers a unique rural experience. With eight bedrooms and seven bathrooms, the property features rustic charm and the option to include bespoke furniture. The equestrian aspect of the property is highlighted by a spacious stable that can accommodate up to twelve horses, as well as a riding arena for equestrian activities. It also has an area dedicated to the hotel industry, offering the opportunity to convert it into a charming rural hotel. The rustic architectural style is complemented by ample parking for up to ten cars, while the equestrian licence guarantees the legality of the facilities. It offers significant potential with the possibility of extension. Four storerooms provide additional space, and the ensemble suggests a unique opportunity to create an exceptional country residence with high quality equestrian facilities. Finca, Countryside, Furnished: Optional, Fitted Kitchen, Parking: Private, Facing: Southwest Views: Mountains. Features Air Conditioning, Air Conditioning Hot/Cold, Barbecue, Conveniently Situated Tennis, Covered Terrace, Electric Entry Phone, En suite bathroom, Fireplace, Fitted Kitchen, Fruit Trees, Full of Character, Gated Complex, Good Rental Potential, Ideal Family Home, Ideal for Country Lovers, Investment Property, Jacuzzi, Living room, Living room with fireplace, Master Suite with Fireplace, Possibility of extension, Quality Residence, Renovation Needed, Sought After Area, Space for Garage, Stable, Storage room, Water Deposit.
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Currency Exchange
Mijas, Malaga, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
Mijas, Malaga, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,247,820 | £1,290,930 | £43,110 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,247,820 |
| Maximum cost in the last six months | £1,290,930 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,110 |
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 £43,110 more.
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