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Village House
Riogordo, Málaga, Spain
REF: 782693
€100,000
Description
Village House. 3 Bedrooms, 1 Bathroom. Patio and Balconies. Essential Properties are pleased to present a recently refurbished village house situated close to the heart of the village. The ground floor accommodation comprises of a lounge / dining room, a fitted kitchen and a family bathroom leading to a ground floor storeroom / single bedroom. The first floor consists of a master bedroom enjoying built-in wardrobes and 2 Juliet balconies, a guest double bedroom plus a single bedroom with access to a 12m2 storeroom. An ideal lock-up-and-leave holiday home within walking distance of all local amenities. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela.
Village House. 3 Bedrooms, 1 Bathroom. Patio and Balconies. Essential Properties are pleased to present a recently refurbished village house situated close to the heart of the village. The ground floor accommodation comprises of a lounge / dining room, a fitted kitchen and a family bathroom leading to a ground floor storeroom / single bedroom. The first floor consists of a master bedroom enjoying built-in wardrobes and 2 Juliet balconies, a guest double bedroom plus a single bedroom with access to a 12m2 storeroom. An ideal lock-up-and-leave holiday home within walking distance of all local amenities. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela.
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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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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