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Villa - Finca
Alora, Spain
REF: 788623
€1,200,000
Description
Finca - Cortijo, Alora / , Inland Malaga 5 Bedrooms, 5 Bathrooms, Built 630 m , Terrace 200 m , Garden/Plot 70000 m . land in the countryside between Alora and Cartama estaccion, 70,000 square meters and several constructions: 2 houses (each with pool and in their own fenced plot) 700 olive trees 500 Rioja plants with winery cellar Sports center Workshops 2 water wells Solar panels Currently both properties are licensed as holiday rentals and generating demonstrable revenue. You can get ROI from your investment from the first day. First house is 300mtr2 This has 3 bedrooms and 3 bathrooms. the master bedroom with an en-suite bathroom There is an open living Dining room and fully fitted Kitchen with Laundry/storeroom. There is a large office which could be used as a further bedroom. there is a swimming pool . House 2 .is 100mtr2 this is currently used as a holiday rental property. It has 2 bedrooms and 2 bathrooms. Fully fitted kitchen Living room with log fire and Dining Room. there is hot air central heating throughout. This has the luxury of an indoor heated Pool. Guests can enjoy a private roof terrace. and a covered BBQ area. This property has a private entrance.to 2000 mtr2 land with fruit trees. Parking for several cars with electric doors. Sports area. This area has a Football pitch, Tennis Court, Basketball court Built under the Sports Field Is a bodega/Winery used for the production of the properties own wine and Olive Oil. From the properties own 700 olive trees and 500 Rioja plants. There is a further building which is a bar/agricultural garage. This also houses an automatic Electric generator system which starts in the event of power failure. The whole property is protected by alarm systems including security cameras there is an irrigation system which can also be used for protection in the event of land fires. Setting : Country, Close To Town. Condition : Good. Pool : Private. Climate Control : Air Conditioning, Fireplace. Views : Mountain, Country, Panoramic, Garden. Features : Fitted Wardrobes, Private Terrace, Solarium, WiFi, Gym, Guest Apartment, Guest House, Storage Room, Ensuite Bathroom, Barbeque, Double Glazing. Kitchen : Fully Fitted. Garden : Private, Landscaped. Security : Alarm System, 24 Hour Security. Parking : More Than One, Private. Utilities : Electricity, Drinkable Water.
Finca - Cortijo, Alora / , Inland Malaga 5 Bedrooms, 5 Bathrooms, Built 630 m , Terrace 200 m , Garden/Plot 70000 m . land in the countryside between Alora and Cartama estaccion, 70,000 square meters and several constructions: 2 houses (each with pool and in their own fenced plot) 700 olive trees 500 Rioja plants with winery cellar Sports center Workshops 2 water wells Solar panels Currently both properties are licensed as holiday rentals and generating demonstrable revenue. You can get ROI from your investment from the first day. First house is 300mtr2 This has 3 bedrooms and 3 bathrooms. the master bedroom with an en-suite bathroom There is an open living Dining room and fully fitted Kitchen with Laundry/storeroom. There is a large office which could be used as a further bedroom. there is a swimming pool . House 2 .is 100mtr2 this is currently used as a holiday rental property. It has 2 bedrooms and 2 bathrooms. Fully fitted kitchen Living room with log fire and Dining Room. there is hot air central heating throughout. This has the luxury of an indoor heated Pool. Guests can enjoy a private roof terrace. and a covered BBQ area. This property has a private entrance.to 2000 mtr2 land with fruit trees. Parking for several cars with electric doors. Sports area. This area has a Football pitch, Tennis Court, Basketball court Built under the Sports Field Is a bodega/Winery used for the production of the properties own wine and Olive Oil. From the properties own 700 olive trees and 500 Rioja plants. There is a further building which is a bar/agricultural garage. This also houses an automatic Electric generator system which starts in the event of power failure. The whole property is protected by alarm systems including security cameras there is an irrigation system which can also be used for protection in the event of land fires. Setting : Country, Close To Town. Condition : Good. Pool : Private. Climate Control : Air Conditioning, Fireplace. Views : Mountain, Country, Panoramic, Garden. Features : Fitted Wardrobes, Private Terrace, Solarium, WiFi, Gym, Guest Apartment, Guest House, Storage Room, Ensuite Bathroom, Barbeque, Double Glazing. Kitchen : Fully Fitted. Garden : Private, Landscaped. Security : Alarm System, 24 Hour Security. Parking : More Than One, Private. Utilities : Electricity, Drinkable Water.
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Currency Exchange
Alora, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Alora, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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