Detached Villa

Arenas, Málaga, Spain

For Sale

€398,000

REF: 761132 €398,000


4

3


193 m2

1847 m2

Description

Detached Villa. 4 Bedrooms, 3 Bathrooms. Terrace and Garden. 2 Guest Apartments. Outstanding Sea and Countryside Views. Essential Properties are delighted to offer for sale this attractive detached villa boasting outstanding coastal and countryside views. Originally built in 2002, the current owners have redesigned and redistributed the accommodation to create a home and income / rental property.

Main House. This property has been arranged as 2 independent apartments. Entrance to the upper floor is via a 152m2 attractive terrace with brick-built BBQ, wood storage and a dining area. The accommodation comprises of a spacious lounge / dining room with fireplace and air conditioning, a fitted kitchen with built-in appliances and a separate utility area, a modern family shower room and a double bedroom enjoying built-in wardrobes.

The lower level is currently used as owner s accommodation and consists of a 30m2 conservatory leading through to a 40m2 lounge / dining room with built-in log burner, a fitted kitchen with built-in appliances, a large storeroom with utility area, a modern family shower room plus 2 large double bedrooms each with built-in wardrobes.

The garage has been converted to a guest studio apartment featuring a 32m2 lounge / bedroom with an open-plan fitted kitchenette plus a shower room. Exterior The plot measures 1,847m2 and is arranged into 3 individual areas. 877m2 surrounding the house is predominantly level and features a large driveway with off-road parking for numerous vehicles.

The top garden measures 152m2 and offers a number of terraces and the lower garden enjoys a 5m x 3m plunge pool plus pump house / storage room. 834m2 lies on the hillside to the front of the property, is fairly steep and features 3 platforms planted with a variety of fruit trees and a vegetable garden for personal use.

The remainder of the plot measures 136m2 and slopes between the access track and the main road overlooking Velez-Malaga, and is currently unused. Additional benefits include mains electric, own well plus 2 water deposits of 15,000 and 20,000 litres plus preinstallation for solar panels. A lovely country property perfect as a full time home and to generate an income through rentals; or as a rental / investment opportunity.

If required, the property could easily be converted back to a large family home. Set within stunning scenery with good road access, the whitewashed mountain village of Arenas and the bustling town of Velez-Malaga are only a 10 minute drive. Arenas lies 44 kilometres from Malaga, 10 kms from Velez Malaga; the capital of Axarquia and 13 kilometres from the coast at Torre del Mar, at an altitude of 416 metres.

The village is located within the Axarquia region, on the scenic Mudejar Route, and has a population of approx 1,400. The village enjoys narrow winding streets and picturesque plazas/squares. The village offers bars/restaurants, village shops, bank and a medical centre. A popular village for walkers and cyclists, particularly when the almond trees are in blossom within the olive groves.
Detached Villa. 4 Bedrooms, 3 Bathrooms. Terrace and Garden. 2 Guest Apartments. Outstanding Sea and Countryside Views. Essential Properties are delighted to offer for sale this attractive detached villa boasting outstanding coastal and countryside views. Originally built in 2002, the current owners have redesigned and redistributed the accommodation to create a home and income / rental property.

Main House. This property has been arranged as 2 independent apartments. Entrance to the upper floor is via a 152m2 attractive terrace with brick-built BBQ, wood storage and a dining area. The accommodation comprises of a spacious lounge / dining room with fireplace and air conditioning, a fitted kitchen with built-in appliances and a separate utility area, a modern family shower room and a double bedroom enjoying built-in wardrobes.

The lower level is currently used as owner s accommodation and consists of a 30m2 conservatory leading through to a 40m2 lounge / dining room with built-in log burner, a fitted kitchen with built-in appliances, a large storeroom with utility area, a modern family shower room plus 2 large double bedrooms each with built-in wardrobes.

The garage has been converted to a guest studio apartment featuring a 32m2 lounge / bedroom with an open-plan fitted kitchenette plus a shower room. Exterior The plot measures 1,847m2 and is arranged into 3 individual areas. 877m2 surrounding the house is predominantly level and features a large driveway with off-road parking for numerous vehicles.

The top garden measures 152m2 and offers a number of terraces and the lower garden enjoys a 5m x 3m plunge pool plus pump house / storage room. 834m2 lies on the hillside to the front of the property, is fairly steep and features 3 platforms planted with a variety of fruit trees and a vegetable garden for personal use.

The remainder of the plot measures 136m2 and slopes between the access track and the main road overlooking Velez-Malaga, and is currently unused. Additional benefits include mains electric, own well plus 2 water deposits of 15,000 and 20,000 litres plus preinstallation for solar panels. A lovely country property perfect as a full time home and to generate an income through rentals; or as a rental / investment opportunity.

If required, the property could easily be converted back to a large family home. Set within stunning scenery with good road access, the whitewashed mountain village of Arenas and the bustling town of Velez-Malaga are only a 10 minute drive. Arenas lies 44 kilometres from Malaga, 10 kms from Velez Malaga; the capital of Axarquia and 13 kilometres from the coast at Torre del Mar, at an altitude of 416 metres.

The village is located within the Axarquia region, on the scenic Mudejar Route, and has a population of approx 1,400. The village enjoys narrow winding streets and picturesque plazas/squares. The village offers bars/restaurants, village shops, bank and a medical centre. A popular village for walkers and cyclists, particularly when the almond trees are in blossom within the olive groves.
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Property on Map

#XL4272

Currency Exchange

Arenas, 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 €398,000 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
€398,000 £331,088 £342,527 £11,439
Property Price € €398,000
Minimum cost in the last six months £331,088
Maximum cost in the last six months £342,527
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,439

Arenas, 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 €398,000 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
€398,000 £331,088 £342,527 £11,439
Property Price € €398,000
Minimum cost in the last six months £331,088
Maximum cost in the last six months £342,527
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,439

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 £11,439 more.

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