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For Sale: Finca, Malaga, Andalusia
Alfarnatejo, Spain
REF: 826360
€575,000
Description
On the outskirts of the village of Alfarnatejo, we find this wonderful opportunity to run your agricultural business. On a plot of 37000m2 of industrial land, stands this industrial building where, on the one hand, there is a dwelling with 2 bedrooms, bathroom, sitting area and kitchen with incredible mountain views. You can even see the sea. The 2nd part is a workplace currently set up for pressing olive oil. However, it can be used for other purposes. Work and live in a dreamlike place! Alfarnatejo is at 1000m altitude and there are lots of hiking trails. It is also an excellent place for cycling to train at altitude. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world, it is unique - just like our Axarqu a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life... #ref:5732
On the outskirts of the village of Alfarnatejo, we find this wonderful opportunity to run your agricultural business. On a plot of 37000m2 of industrial land, stands this industrial building where, on the one hand, there is a dwelling with 2 bedrooms, bathroom, sitting area and kitchen with incredible mountain views. You can even see the sea. The 2nd part is a workplace currently set up for pressing olive oil. However, it can be used for other purposes. Work and live in a dreamlike place! Alfarnatejo is at 1000m altitude and there are lots of hiking trails. It is also an excellent place for cycling to train at altitude. We are pleased to be able to present this dream property to you soon, either personally or via virtual viewing. Because this world, it is unique - just like our Axarqu a. In Andalusia. On the Costa del Sol. Here, on the sunny side of life... #ref:5732
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Currency Exchange
Alfarnatejo, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Alfarnatejo, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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