Fantastically located property in the pedestrian area of Torremolinos a minutes walk to Calle San Miguel, Plaza de la Nogalera and the train Station with direct access to the International Airport and Malaga City centre

Torremolinos Centro, Torremolinos Centro, Spain

For Sale

€110,000

REF: 485650 €110,000


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Description

Fantastically located property in the pedestrian area of Torremolinos a minutes walk to Calle San Miguel, Plaza de la Nogalera and the train Station with direct access to the International Airport and Malaga City centre. The property was originally two separate apartments that have been converted into one property but could easily be converted back to two separate studio properties to create two fantastic rental properties or continue as a fantastically located one bedroom property.

The property is a great investment due to its location and a must view as properties like this rarely come to the market! Torremolinos is a busy resort situated just a short 7km west of Malaga International Airport and only 13km from Malaga City. There is a population of 68,961 inhabitants with an average rainfall of only 500mm per year and an average all year around temperature of 18 degrees.

It has a good transport system with buses linking this destination to Malaga in the east and the western coastal resorts of Benalmadena, Fuengirola and Marbella. There are also direct bus routes to places further down the coast such as Estepona and Algeciras, close to Gibraltar. The coastal train line runs through Torremolinos linking Fuengirola to Malaga. Torremolinos has some of the best chiringuitos around and is great for shopping. There is a water park and a crocodile park to keep the kids amused.
Fantastically located property in the pedestrian area of Torremolinos a minutes walk to Calle San Miguel, Plaza de la Nogalera and the train Station with direct access to the International Airport and Malaga City centre. The property was originally two separate apartments that have been converted into one property but could easily be converted back to two separate studio properties to create two fantastic rental properties or continue as a fantastically located one bedroom property.

The property is a great investment due to its location and a must view as properties like this rarely come to the market! Torremolinos is a busy resort situated just a short 7km west of Malaga International Airport and only 13km from Malaga City. There is a population of 68,961 inhabitants with an average rainfall of only 500mm per year and an average all year around temperature of 18 degrees.

It has a good transport system with buses linking this destination to Malaga in the east and the western coastal resorts of Benalmadena, Fuengirola and Marbella. There are also direct bus routes to places further down the coast such as Estepona and Algeciras, close to Gibraltar. The coastal train line runs through Torremolinos linking Fuengirola to Malaga. Torremolinos has some of the best chiringuitos around and is great for shopping. There is a water park and a crocodile park to keep the kids amused.
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Property on Map

#CDS05759-3751723

Currency Exchange

Torremolinos Centro, Torremolinos Centro, 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 €110,000 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
€110,000 £91,978 £99,230 £7,252
Property Price € €110,000
Minimum cost in the last six months £91,978
Maximum cost in the last six months £99,230
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,252

Torremolinos Centro, Torremolinos Centro, 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 €110,000 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
€110,000 £91,978 £99,230 £7,252
Property Price € €110,000
Minimum cost in the last six months £91,978
Maximum cost in the last six months £99,230
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,252

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 £7,252 more.

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