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Detached Country House
Benamargosa, Málaga, Spain
REF: 828458
€240,000
Description
Detached Country House. 2 Bedrooms, 2 Bathrooms. Porch. 200 Avocado Trees. Home & Income Opportunity. Exceptional Mountain and Countryside Views. Essential Properties are pleased to present a detached country house nestled within stunning countryside only 10 minutes from the whitewashed village of Benamargosa. Constructed by the current owner, the interior of the property requires renovation and offers the potential for a lounge, kitchen / breakfast room, 2 bedrooms and 2 bathrooms. The perfect opportunity to design the home of your dreams! The 10,000m2 plot offers 200 mature avocado trees with an irrigation system in place. These 20-year-old trees are in full production and offer the potential to generate a substantial annual income. The plot also features a variety of fruit trees including mango, orange and fig. Additional benefits include off-road parking, 2 wells, a 150,000-litre water deposit, plus mains water and electric. Benamargosa is located only 20 minutes from the beach, port and Baviera Golf course and 50 minutes from Malaga airport. The village is situated within a green and lush valley amongst groves of lemon, mango and avocados and has a population of approx. 2,000. Within Benamargosa are numerous bars, restaurants, banks, supermarket, shops, a medical centre, village swimming pool with attached park, and public transport. A charming white Spanish village, perfect for those looking to integrate into the Spanish community.
Detached Country House. 2 Bedrooms, 2 Bathrooms. Porch. 200 Avocado Trees. Home & Income Opportunity. Exceptional Mountain and Countryside Views. Essential Properties are pleased to present a detached country house nestled within stunning countryside only 10 minutes from the whitewashed village of Benamargosa. Constructed by the current owner, the interior of the property requires renovation and offers the potential for a lounge, kitchen / breakfast room, 2 bedrooms and 2 bathrooms. The perfect opportunity to design the home of your dreams! The 10,000m2 plot offers 200 mature avocado trees with an irrigation system in place. These 20-year-old trees are in full production and offer the potential to generate a substantial annual income. The plot also features a variety of fruit trees including mango, orange and fig. Additional benefits include off-road parking, 2 wells, a 150,000-litre water deposit, plus mains water and electric. Benamargosa is located only 20 minutes from the beach, port and Baviera Golf course and 50 minutes from Malaga airport. The village is situated within a green and lush valley amongst groves of lemon, mango and avocados and has a population of approx. 2,000. Within Benamargosa are numerous bars, restaurants, banks, supermarket, shops, a medical centre, village swimming pool with attached park, and public transport. A charming white Spanish village, perfect for those looking to integrate into the Spanish community.
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Currency Exchange
Benamargosa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £199,596 | £206,549 | £6,953 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £199,596 |
| Maximum cost in the last six months | £206,549 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,953 |
Benamargosa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £199,596 | £206,549 | £6,953 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £199,596 |
| Maximum cost in the last six months | £206,549 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,953 |
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 £6,953 more.
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