Excellent investment on the Costa del Sol

Málaga, Andalusia, Spain, 29749

For Sale

€275,000

REF: 864161 €275,000


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Description

Country house located in the countryside of Almayate (Eastern Costa del Sol), with more than 10.000 fenced m2 land for cultivation of mango. At 15 car minutes from the coast and and all the amenities Country house located in the countryside of Almayate (Eastern Costa del Sol, Málaga), with more than 10.000 fenced m2 land with existing cultivation of 200 avocados and 400 mangos trees. At 15 car minutes from the coast and all the amenities, the last part of the road is on a comfortable dirt track.

The property, all fenced, has a gate that leads to the house, and the external BBQ area. On the ground floor, there is a large living room, a big kitchen with fireplace, 1 bedroom, and a bathroom with shower. Above the living room there is a bedroom, and above the kitchen, there is also a bedroom. On the left of the house, there is a large deposit, that could be transformed in a living unit, or in a garage. In the plot there is a storage room for the products and tools for the cultivation.

Next by has been built a concrete slab, for a future water deposit of 300.000 liters. Since the trees are mature, this investment proposal allows the buyer to have a secure yearly income. The new owner can decide wether to manage the cultivation by himself, or or find an agreement with a local farmer for the maintenance and exploitation of the cultivation, and just enjoy the house. In compliance with Decree 218/2005, of 11 October, which approves the Regulations on Consumer Information in the sale and purchase of homes in Andalusia, the client is informed that the notary, registry and registration fees that may be applicable (ITP or VAT + AJD) and other expenses inherent to the sale and purchase are not included in the price. The consumer is entitled to receive a copy of the corresponding abbreviated information document of the property. The price includes property management fees.
Country house located in the countryside of Almayate (Eastern Costa del Sol), with more than 10.000 fenced m2 land for cultivation of mango. At 15 car minutes from the coast and and all the amenities Country house located in the countryside of Almayate (Eastern Costa del Sol, Málaga), with more than 10.000 fenced m2 land with existing cultivation of 200 avocados and 400 mangos trees. At 15 car minutes from the coast and all the amenities, the last part of the road is on a comfortable dirt track.

The property, all fenced, has a gate that leads to the house, and the external BBQ area. On the ground floor, there is a large living room, a big kitchen with fireplace, 1 bedroom, and a bathroom with shower. Above the living room there is a bedroom, and above the kitchen, there is also a bedroom. On the left of the house, there is a large deposit, that could be transformed in a living unit, or in a garage. In the plot there is a storage room for the products and tools for the cultivation.

Next by has been built a concrete slab, for a future water deposit of 300.000 liters. Since the trees are mature, this investment proposal allows the buyer to have a secure yearly income. The new owner can decide wether to manage the cultivation by himself, or or find an agreement with a local farmer for the maintenance and exploitation of the cultivation, and just enjoy the house. In compliance with Decree 218/2005, of 11 October, which approves the Regulations on Consumer Information in the sale and purchase of homes in Andalusia, the client is informed that the notary, registry and registration fees that may be applicable (ITP or VAT + AJD) and other expenses inherent to the sale and purchase are not included in the price. The consumer is entitled to receive a copy of the corresponding abbreviated information document of the property. The price includes property management fees.
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Property on Map

#ALMA001

Currency Exchange

Málaga, Andalusia, Spain, 29749

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 €275,000 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
€275,000 £227,785 £236,349 £8,564
Property Price € €275,000
Minimum cost in the last six months £227,785
Maximum cost in the last six months £236,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,564

Málaga, Andalusia, Spain, 29749

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 €275,000 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
€275,000 £227,785 £236,349 £8,564
Property Price € €275,000
Minimum cost in the last six months £227,785
Maximum cost in the last six months £236,349
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,564

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 £8,564 more.

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