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Exceptional property consisting of restaurant, 2 bedroom villa
Frigiliana, Málaga, Spain
REF: 178980
€1,049,000
Description
Exceptional property consisting of restaurant, 2 bedroom villa. and fit independent with a total of 423m and plot of approx. 11,000m with panoramic views. It is located 3 kms from Frigiliana and consists of a main house, a fully equipped Restaurant-Bar and an independent Apartment in a privileged place with stunning panoramic views over Frigiliana, the mountains and the sea. The 11,000m estate contains a plantation of olive trees and fruit trees. In addition, it has perfect access, ample parking and a spacious garage. It has its own water tank with a capacity of 9,000 liters with water softener and water purifier. In the same farm there is also an implement of approx. 40m The restaurant consists of a large living room and a bar area. The spacious and bright restaurant kitchen is fully equipped and in operation. It also has a beautiful cellar. It has 2 large terraces facing south and east from which you can enjoy spectacular views. This restaurant is currently in operation and with an extensive clientele. Beautiful and cozy, the main house has 2 bedrooms, 2 bathrooms, one en suite in the master bedroom plus 1 living room with open kitchen. This comfortable home has underfloor heating. It also has 1 beautiful guest apartment with a completely independent entrance; It is loft type with open kitchen and 1 large bathroom with shower. The property is perfect to be managed by a family or by companies with the intention of investing and profiting this incredible estate. With the possibility of converting it into rural accommodation, 3 independent houses or continuing as a restaurant. Fantastic property with great potential.
Exceptional property consisting of restaurant, 2 bedroom villa. and fit independent with a total of 423m and plot of approx. 11,000m with panoramic views. It is located 3 kms from Frigiliana and consists of a main house, a fully equipped Restaurant-Bar and an independent Apartment in a privileged place with stunning panoramic views over Frigiliana, the mountains and the sea. The 11,000m estate contains a plantation of olive trees and fruit trees. In addition, it has perfect access, ample parking and a spacious garage. It has its own water tank with a capacity of 9,000 liters with water softener and water purifier. In the same farm there is also an implement of approx. 40m The restaurant consists of a large living room and a bar area. The spacious and bright restaurant kitchen is fully equipped and in operation. It also has a beautiful cellar. It has 2 large terraces facing south and east from which you can enjoy spectacular views. This restaurant is currently in operation and with an extensive clientele. Beautiful and cozy, the main house has 2 bedrooms, 2 bathrooms, one en suite in the master bedroom plus 1 living room with open kitchen. This comfortable home has underfloor heating. It also has 1 beautiful guest apartment with a completely independent entrance; It is loft type with open kitchen and 1 large bathroom with shower. The property is perfect to be managed by a family or by companies with the intention of investing and profiting this incredible estate. With the possibility of converting it into rural accommodation, 3 independent houses or continuing as a restaurant. Fantastic property with great potential.
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Currency Exchange
Frigiliana, 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 €1,049,000 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 |
|---|---|---|---|
| €1,049,000 | £892,374 | £919,490 | £27,117 |
| Property Price € | €1,049,000 |
| Minimum cost in the last six months | £892,374 |
| Maximum cost in the last six months | £919,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,117 |
Frigiliana, 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 €1,049,000 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 |
|---|---|---|---|
| €1,049,000 | £892,374 | £919,490 | £27,117 |
| Property Price € | €1,049,000 |
| Minimum cost in the last six months | £892,374 |
| Maximum cost in the last six months | £919,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,117 |
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 £27,117 more.
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