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For sale: Charming Finca/B&B, Algarrobo, Andalucia
Algarrobo, Spain
REF: 826170
€579,000
Description
If you want to escape the hustle and bustle of the coast and live in the hills above Algarrobo and have a business, then we have the ideal property for you. This unique, modernised cortijo offers fantastic views over the mountains down to the Mediterranean sea. In addition to the main house, there are three guest apartments that are perfect for renting out. All three have separate entrances and are equipped with air conditioning. The smaller ones are studios and, in addition to a bathroom, have a living and sleeping area with a kitchenette. The third apartments, with its own terrace with sea views, has a kitchen, a living room and a bedroom with a bathroom. The two-storey main house offers an entrance area with a living room, currently affectionately called the 'Gin tonic room', where you can relax and have a drink. Might I suggest a Gin Tonic? Stairs lead down to the spacious living area of the cortijo. There you will find the dining area, connected to it is the kitchen and the living room with various seating areas and fireplace. The living room offers access to the large terrace. There is also a bedroom, a bathroom and the master bedroom with on-suite bathroom on this floor. In the lovingly designed outdoor area, you can spend your summer days on the covered terrace, or one of the many lounge areas. A pool with waterfall element provides the necessary cooling. If it can't be warm enough for you, there s a sauna to relax in. This property has a holiday rental licence and is being successfully operated as a B&B which could be passed on to new owners to fulfil their dream of living and working on the Costa del Sol. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world is unique - just like our Axarqu a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life... #ref:5896
If you want to escape the hustle and bustle of the coast and live in the hills above Algarrobo and have a business, then we have the ideal property for you. This unique, modernised cortijo offers fantastic views over the mountains down to the Mediterranean sea. In addition to the main house, there are three guest apartments that are perfect for renting out. All three have separate entrances and are equipped with air conditioning. The smaller ones are studios and, in addition to a bathroom, have a living and sleeping area with a kitchenette. The third apartments, with its own terrace with sea views, has a kitchen, a living room and a bedroom with a bathroom. The two-storey main house offers an entrance area with a living room, currently affectionately called the 'Gin tonic room', where you can relax and have a drink. Might I suggest a Gin Tonic? Stairs lead down to the spacious living area of the cortijo. There you will find the dining area, connected to it is the kitchen and the living room with various seating areas and fireplace. The living room offers access to the large terrace. There is also a bedroom, a bathroom and the master bedroom with on-suite bathroom on this floor. In the lovingly designed outdoor area, you can spend your summer days on the covered terrace, or one of the many lounge areas. A pool with waterfall element provides the necessary cooling. If it can't be warm enough for you, there s a sauna to relax in. This property has a holiday rental licence and is being successfully operated as a B&B which could be passed on to new owners to fulfil their dream of living and working on the Costa del Sol. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world is unique - just like our Axarqu a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life... #ref:5896
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Currency Exchange
Algarrobo, 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 €579,000 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 |
|---|---|---|---|
| €579,000 | £481,525 | £498,299 | £16,774 |
| Property Price € | €579,000 |
| Minimum cost in the last six months | £481,525 |
| Maximum cost in the last six months | £498,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,774 |
Algarrobo, 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 €579,000 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 |
|---|---|---|---|
| €579,000 | £481,525 | £498,299 | £16,774 |
| Property Price € | €579,000 |
| Minimum cost in the last six months | £481,525 |
| Maximum cost in the last six months | £498,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,774 |
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 £16,774 more.
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