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Renovation Project: A Village House with Potential Discover this traditional Spanish village house, offering a blank canvas for your creative vision
Riogordo, Málaga, Spain
REF: 914143
€99,900
Description
Renovation Project: A Village House with Potential Discover this traditional Spanish village house, offering a blank canvas for your creative vision. This property, located in a picturesque village setting, presents a unique opportunity for renovation and customisation. The ground floor features a versatile layout, with rooms that can be adapted to suit various needs. A potential office space, a double bedroom, and a lounge with stairs to the first floor offer flexibility for different living arrangements. The rear garden and courtyard, along with the ruins, provide opportunities for outdoor living and potential extensions. The first floor offers additional living space, including a bathroom, a lounge/relaxation room with a balcony, two double bedrooms, and a connecting room that could be transformed into a dressing room or en-suite bathroom. Independent access at street level to the first floor offers scope to create separate guest accommodation. Key Features: Renovation Potential: A blank canvas to create your dream home. Versatile Layout: Multiple rooms and outdoor spaces offer flexibility. Traditional Charm: The property retains its original character and charm. Village Setting: Immerse yourself in the authentic Spanish lifestyle. This property is ideal for developers or those seeking a unique renovation project. With careful planning and renovation, this village house can be transformed into a stunning and functional home. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx. 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela. Surrounded by spectacular countryside and olive groves, the village retains many examples of its Moorish origins and oozes Spanish charm. 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.
Renovation Project: A Village House with Potential Discover this traditional Spanish village house, offering a blank canvas for your creative vision. This property, located in a picturesque village setting, presents a unique opportunity for renovation and customisation. The ground floor features a versatile layout, with rooms that can be adapted to suit various needs. A potential office space, a double bedroom, and a lounge with stairs to the first floor offer flexibility for different living arrangements. The rear garden and courtyard, along with the ruins, provide opportunities for outdoor living and potential extensions. The first floor offers additional living space, including a bathroom, a lounge/relaxation room with a balcony, two double bedrooms, and a connecting room that could be transformed into a dressing room or en-suite bathroom. Independent access at street level to the first floor offers scope to create separate guest accommodation. Key Features: Renovation Potential: A blank canvas to create your dream home. Versatile Layout: Multiple rooms and outdoor spaces offer flexibility. Traditional Charm: The property retains its original character and charm. Village Setting: Immerse yourself in the authentic Spanish lifestyle. This property is ideal for developers or those seeking a unique renovation project. With careful planning and renovation, this village house can be transformed into a stunning and functional home. Riogordo is a very pretty village situated near to Lake Viñuela surrounded by spectacular mountains with a population of approx. 3,000. This charming village offers numerous shops, bars, restaurants, banks and a village swimming and is perfectly situated only 35 minutes from Malaga centre, 30 minutes from beaches and 10 minutes to Lake Viñuela. Surrounded by spectacular countryside and olive groves, the village retains many examples of its Moorish origins and oozes Spanish charm. 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
Riogordo, 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 €99,900 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 |
|---|---|---|---|
| €99,900 | £82,748 | £85,859 | £3,111 |
| Property Price € | €99,900 |
| Minimum cost in the last six months | £82,748 |
| Maximum cost in the last six months | £85,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,111 |
Riogordo, 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 €99,900 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 |
|---|---|---|---|
| €99,900 | £82,748 | £85,859 | £3,111 |
| Property Price € | €99,900 |
| Minimum cost in the last six months | £82,748 |
| Maximum cost in the last six months | £85,859 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,111 |
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 £3,111 more.
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