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Incredible town house to renovate and expand, in Nerja, on a 150m plot, just 100 meters from the Balcón de Europa and a 3-minute walk to the beach
Nerja, Málaga, Spain
REF: 847916
€629,000
Description
Incredible town house to renovate and expand, in Nerja, on a 150m plot, just 100 meters from the Balcón de Europa and a 3-minute walk to the beach. It is located in the heart of the town, close to the most popular places and a short walk from the most beautiful beaches in Nerja. It is a unique opportunity since there are no properties of this size on such a central street and location. Currently the house consists of a large premises of 141 m , two apartments, terraces, storage rooms and patios, with a total of 376 m built. It can be renovated and has enormous potential; with the possibility of building a hotel accommodation or any other type of tourist establishment. It has endless possibilities and space for a garage, a pool and located in the heart of Nerja! If you prefer, you can also build homes and commercial premises in such a privileged and sought-after location. Great property, with an unbeatable location! Nerja is located to the east of the province, 50 km. from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada. It consists of approximately 22,000 inhabitants. In a privileged enclave, Nerja, enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
Incredible town house to renovate and expand, in Nerja, on a 150m plot, just 100 meters from the Balcón de Europa and a 3-minute walk to the beach. It is located in the heart of the town, close to the most popular places and a short walk from the most beautiful beaches in Nerja. It is a unique opportunity since there are no properties of this size on such a central street and location. Currently the house consists of a large premises of 141 m , two apartments, terraces, storage rooms and patios, with a total of 376 m built. It can be renovated and has enormous potential; with the possibility of building a hotel accommodation or any other type of tourist establishment. It has endless possibilities and space for a garage, a pool and located in the heart of Nerja! If you prefer, you can also build homes and commercial premises in such a privileged and sought-after location. Great property, with an unbeatable location! Nerja is located to the east of the province, 50 km. from Malaga. It is located just 45 minutes from Malaga Airport and 1 hour from Sierra Nevada in Granada. It consists of approximately 22,000 inhabitants. In a privileged enclave, Nerja, enjoys spectacular landscapes thanks to its exceptional cliffs and wonderful beaches. It has a climate with mild temperatures throughout the year, perfect for enjoying its numerous cultural activities, its acclaimed festivals, its beautiful and well-kept streets and its warm people.
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Currency Exchange
Nerja, 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 €629,000 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 |
|---|---|---|---|
| €629,000 | £523,253 | £541,330 | £18,077 |
| Property Price € | €629,000 |
| Minimum cost in the last six months | £523,253 |
| Maximum cost in the last six months | £541,330 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,077 |
Nerja, 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 €629,000 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 |
|---|---|---|---|
| €629,000 | £523,253 | £541,330 | £18,077 |
| Property Price € | €629,000 |
| Minimum cost in the last six months | £523,253 |
| Maximum cost in the last six months | £541,330 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,077 |
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 £18,077 more.
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