Townhouse

Vélez-Málaga, Málaga, Spain

For Sale

€350,000

REF: 755861 €350,000


9

2

700 m2

Description

Townhouse. 9 Bedrooms, 2 Bathrooms. Courtyard. Garage. Essential Properties are pleased to present this exceptionally large townhouse, located close to the town centre, offering tremendous potential as a business or a home for an extended family. The accommodation has been constructed around a 30m2 ground floor central courtyard, accessed via an entrance hall from the main door.

The ground floor features a spacious garage with parking for up to 4 vehicles, a 12m2 workshop, 2 storage rooms plus a 12m2 office. This floor also benefits from an independent guest apartment featuring a kitchen, family bathroom and a bedroom. Stairs from the courtyard lead up to the main accommodation distributed either side of a central hallway.

Left Wing 1st Floor The accommodation features an 18m2 lounge, a large family bathroom with full bath, a double bedroom, a small storage room and a fitted kitchen / breakfast room plus separate utility room with WC. Stairs lead up from the hallway to an additional 3 double bedrooms. Right Wing 1st Floor This floor offers 2 bedrooms either side of a central lounge with floor-to-ceiling patio doors opening onto Juliet balconies, plus a 16m2 storage room.

A staircase leads up to and additional 2 double bedrooms, lounge, plus a family shower room. The property also benefits from a 16m2 roof terrace boasting views over the surrounding town, historical monuments, mountains and countryside. Overview An ideal property to generate a rental income, a boutique hotel or a Bed & Breakfast business.

The property retains many original features and with some minor redistribution offers the scope to create numerous en-suite bedrooms. A viewing is a must to appreciate the full potential of the sizeable property. Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga.

It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour. A superb town to experience and integrate into the Spanish lifestyle and culture.
Townhouse. 9 Bedrooms, 2 Bathrooms. Courtyard. Garage. Essential Properties are pleased to present this exceptionally large townhouse, located close to the town centre, offering tremendous potential as a business or a home for an extended family. The accommodation has been constructed around a 30m2 ground floor central courtyard, accessed via an entrance hall from the main door.

The ground floor features a spacious garage with parking for up to 4 vehicles, a 12m2 workshop, 2 storage rooms plus a 12m2 office. This floor also benefits from an independent guest apartment featuring a kitchen, family bathroom and a bedroom. Stairs from the courtyard lead up to the main accommodation distributed either side of a central hallway.

Left Wing 1st Floor The accommodation features an 18m2 lounge, a large family bathroom with full bath, a double bedroom, a small storage room and a fitted kitchen / breakfast room plus separate utility room with WC. Stairs lead up from the hallway to an additional 3 double bedrooms. Right Wing 1st Floor This floor offers 2 bedrooms either side of a central lounge with floor-to-ceiling patio doors opening onto Juliet balconies, plus a 16m2 storage room.

A staircase leads up to and additional 2 double bedrooms, lounge, plus a family shower room. The property also benefits from a 16m2 roof terrace boasting views over the surrounding town, historical monuments, mountains and countryside. Overview An ideal property to generate a rental income, a boutique hotel or a Bed & Breakfast business.

The property retains many original features and with some minor redistribution offers the scope to create numerous en-suite bedrooms. A viewing is a must to appreciate the full potential of the sizeable property. Vélez-Malaga is situated 3 kilometres inland from the coastal town of Torre del Mar and 26 kilometres to the east of Malaga.

It is the centre and capital of the district of Axarquia with a population of 55,000. This Spanish town oozes charm and tradition. Full of Spanish bars, shops, restaurants, banks, medical centres, sports centres and picturesque cobbled streets, plazas and historical monuments including the ancient Fortress towering over the historical town.

Throughout the year there are many festivals and ferias, plus for those in search of culture there are many art galleries, regular jazz and flamenco recitals plus the theatre offers numerous plays, musicals and shows. The public transport is excellent with direct buses to the beach every 20 minutes and Malaga every hour. A superb town to experience and integrate into the Spanish lifestyle and culture.
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Property on Map

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Currency Exchange

Vélez-Málaga, 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 €350,000 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
€350,000 £289,909 £300,808 £10,899
Property Price € €350,000
Minimum cost in the last six months £289,909
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,899

Vélez-Málaga, 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 €350,000 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
€350,000 £289,909 £300,808 £10,899
Property Price € €350,000
Minimum cost in the last six months £289,909
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,899

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 £10,899 more.

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