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Charming Village House in Benamargosa Ideal for Modernisation Essential Properties is delighted to present this charming 3-bedroom, 1-bathroom village house in need of partial renovation, located in the heart of Benamargosa
Benamargosa, Málaga, Spain
REF: 907277
€90,000
Description
Charming Village House in Benamargosa Ideal for Modernisation Essential Properties is delighted to present this charming 3-bedroom, 1-bathroom village house in need of partial renovation, located in the heart of Benamargosa. Just a short walk from local amenities including shops, restaurants, bars, and the village swimming pool, this property offers great potential for those seeking a traditional Spanish village lifestyle. The ground floor features a spacious lounge and a kitchenthat could benefit from updating, providing an excellent opportunity to create a contemporary living space while retaining the home's original character. Upstairs, you ll find a family bathroom and three well-sized bedrooms. One of the bedrooms has direct access to a rear street, offering convenience and additional versatility. A covered terrace/utility area on this level provides ample space for additional storage. Outside, the property benefits from a generous front patio, home to a mature lemon tree, and an external storage room, adding further appeal for those in need of extra space. Located within a lush, green valley and surrounded by groves of lemon, mango, and avocado trees, Benamargosa is a picturesque village just 20 minutes from the beach, the marina, and Baviera Golf course, with Malaga Airport reachable in under an hour. The village, home to over 4,000 residents, offers an array of essential services including bars, restaurants, a supermarket, medical centre, and public transport connections. This is the perfect opportunity for anyone looking to integrate into a vibrant Spanish community while enjoying a peaceful rural setting with all the conveniences of modern life. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
Charming Village House in Benamargosa Ideal for Modernisation Essential Properties is delighted to present this charming 3-bedroom, 1-bathroom village house in need of partial renovation, located in the heart of Benamargosa. Just a short walk from local amenities including shops, restaurants, bars, and the village swimming pool, this property offers great potential for those seeking a traditional Spanish village lifestyle. The ground floor features a spacious lounge and a kitchenthat could benefit from updating, providing an excellent opportunity to create a contemporary living space while retaining the home's original character. Upstairs, you ll find a family bathroom and three well-sized bedrooms. One of the bedrooms has direct access to a rear street, offering convenience and additional versatility. A covered terrace/utility area on this level provides ample space for additional storage. Outside, the property benefits from a generous front patio, home to a mature lemon tree, and an external storage room, adding further appeal for those in need of extra space. Located within a lush, green valley and surrounded by groves of lemon, mango, and avocado trees, Benamargosa is a picturesque village just 20 minutes from the beach, the marina, and Baviera Golf course, with Malaga Airport reachable in under an hour. The village, home to over 4,000 residents, offers an array of essential services including bars, restaurants, a supermarket, medical centre, and public transport connections. This is the perfect opportunity for anyone looking to integrate into a vibrant Spanish community while enjoying a peaceful rural setting with all the conveniences of modern life. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
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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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
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 £2,803 more.
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