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Situated in the popular town of Mollina in the Malaga province of Andalucia, Spain
Mollina, Malaga, Spain
REF: 857214
€400,000
Description
Situated in the popular town of Mollina in the Malaga province of Andalucia, Spain. This single storey Property is centrally located within easy waking distance to the local school, shops, banks, bars and restaurants. Previously the property was used as a commercial space but could be converted into a spectacular home with some imagination. Sitting within a plot of over 1300m2 of urban land this really has lots of possibilities. The outside space already has many outbuildings and stables and includes an oca licence for up to 5 horses. The patio also offers a private pool and plenty of room for a garden. Inside the property is set out over one floor and is in desperate need to be reconfigured in to a home.
Situated in the popular town of Mollina in the Malaga province of Andalucia, Spain. This single storey Property is centrally located within easy waking distance to the local school, shops, banks, bars and restaurants. Previously the property was used as a commercial space but could be converted into a spectacular home with some imagination. Sitting within a plot of over 1300m2 of urban land this really has lots of possibilities. The outside space already has many outbuildings and stables and includes an oca licence for up to 5 horses. The patio also offers a private pool and plenty of room for a garden. Inside the property is set out over one floor and is in desperate need to be reconfigured in to a home.
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Currency Exchange
Mollina, Malaga, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £332,752 | £344,248 | £11,496 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £332,752 |
| Maximum cost in the last six months | £344,248 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,496 |
Mollina, Malaga, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £332,752 | £344,248 | £11,496 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £332,752 |
| Maximum cost in the last six months | £344,248 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,496 |
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 £11,496 more.
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