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This detached Chalet style Villa in Competa, located in the beautiful Malaga province of Andalucia, Spain, offers plenty of potential for those looking to create their dream home
Cómpeta, Málaga, Spain
REF: 900342
€295,000
Description
This detached Chalet style Villa in Competa, located in the beautiful Malaga province of Andalucia, Spain, offers plenty of potential for those looking to create their dream home. The property features a private pool and stunning mountain views. However, the house requires some TLC and finishing touches to fully reach its potential and make it your home. Upon entering the main house, you will see a large open living room that leads to a kitchen space. The main house also includes three bedrooms, all with fitted wardrobes and radiators, providing comfortable living spaces. A family bathroom with shower and bath completes the layout of this section of the villa. The property also boasts a separate guest apartment, which can be accessed through a side entrance. This apartment is ideal for guests or as a rental unit, featuring its own bedroom, bathroom and kitchen space for independent living. The outdoor area around the pool offers plenty of space for lounging, entertaining or landscaping. With some refurbishment, this easy living, one level villa could become an ideal family home or investment property, combining privacy and versatility in one of the most charming towns in Andalucia. Located just 20 minutes from Torre del Mar beach and 1 hour to Malaga airport, what are you waiting for?
This detached Chalet style Villa in Competa, located in the beautiful Malaga province of Andalucia, Spain, offers plenty of potential for those looking to create their dream home. The property features a private pool and stunning mountain views. However, the house requires some TLC and finishing touches to fully reach its potential and make it your home. Upon entering the main house, you will see a large open living room that leads to a kitchen space. The main house also includes three bedrooms, all with fitted wardrobes and radiators, providing comfortable living spaces. A family bathroom with shower and bath completes the layout of this section of the villa. The property also boasts a separate guest apartment, which can be accessed through a side entrance. This apartment is ideal for guests or as a rental unit, featuring its own bedroom, bathroom and kitchen space for independent living. The outdoor area around the pool offers plenty of space for lounging, entertaining or landscaping. With some refurbishment, this easy living, one level villa could become an ideal family home or investment property, combining privacy and versatility in one of the most charming towns in Andalucia. Located just 20 minutes from Torre del Mar beach and 1 hour to Malaga airport, what are you waiting for?
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Currency Exchange
Cómpeta, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
Cómpeta, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
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 £9,186 more.
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