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This large 281m2 build, family home is situated on the main street in the centre of town, close to the local town square, shops bars and restaurants
Sierra de Yeguas, Malaga, Spain
REF: 908023
€105,000
Description
This large 281m2 build, family home is situated on the main street in the centre of town, close to the local town square, shops bars and restaurants. The town of Sierra de Yeguas in the Malaga province of Andalucia, Spain, offers all the necessary local amenities and is only a short 10 minute drive from Fuente de Piedra and the beautiful flamingo lagoon. The property is in need of work throughout with some modernisation required, the current owners replaced all wooden windows with aluminium to the front of the property and updated the bathroom. The property has two ground floor bedrooms, a lounge, dining room and a kitchen that leads out to a walled courtyard with access to an exterior bathroom, utility room and storage room. The patio continues to a second private courtyard and to a large workshop / storage room within the generous 276m2 town plot. On the first floor of the property a central landing opens to 2 front bedrooms with newly installed French doors and on to a separate large room with beamed ceilings which could be finished as more living space if required.
This large 281m2 build, family home is situated on the main street in the centre of town, close to the local town square, shops bars and restaurants. The town of Sierra de Yeguas in the Malaga province of Andalucia, Spain, offers all the necessary local amenities and is only a short 10 minute drive from Fuente de Piedra and the beautiful flamingo lagoon. The property is in need of work throughout with some modernisation required, the current owners replaced all wooden windows with aluminium to the front of the property and updated the bathroom. The property has two ground floor bedrooms, a lounge, dining room and a kitchen that leads out to a walled courtyard with access to an exterior bathroom, utility room and storage room. The patio continues to a second private courtyard and to a large workshop / storage room within the generous 276m2 town plot. On the first floor of the property a central landing opens to 2 front bedrooms with newly installed French doors and on to a separate large room with beamed ceilings which could be finished as more living space if required.
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Currency Exchange
Sierra de Yeguas, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
Sierra de Yeguas, 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 €105,000 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 |
|---|---|---|---|
| €105,000 | £86,973 | £90,242 | £3,270 |
| Property Price € | €105,000 |
| Minimum cost in the last six months | £86,973 |
| Maximum cost in the last six months | £90,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,270 |
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 £3,270 more.
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