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2 Country Houses
Archidona, Málaga, Spain
REF: 529813
€590,000
Description
2 Country Houses. 11 Bedrooms, 4 Bathrooms. Terrace. Swimming Pool. Olive Trees. Home and Income. B&B Potential. Essential Properties are delighted to offer for sale 2 detached country houses consisting of owners accommodation and a large guest house built either side of an internal courtyard. Owners Accommodation (113m2) This single-storey property comprises of an entrance hallway, a lounge, separate reception / dining room, a fitted kitchen, a family shower room and 3 double bedrooms; all enjoying built-in wardrobes. A door from the kitchen opens in a laundry / utility room leading out to an internal courtyard. Guest House / Rental Accommodation. (224m2) This single level property comprises of 8 good-sized double bedrooms, 3 family shower rooms and 2 spacious lounge / dining rooms enjoying wood burners and open-plan kitchens. A kitchenette can be found within one of the bedrooms, offering the potential to divide the property into 3 rental units each benefitting from independent access. The current owner rents the property as a whole and achieves a high level of occupancy. The Grounds The fully fenced plot measuring 13,283m2, is predominantly level and features over 200 olive trees. To the front of the properties sits a fabulous pool area with a 10m x 5m2 swimming pool, attractive terrace an lawned area. A partially-covered terrace features a bar / outdoor kitchen with brick-built BBQ and pizza oven; providing the perfect entertainment area. To the rear of the property is a workshop and a 100m2 vegetable garden. Additional features include a various parking areas, mains water and electric, 2 registered wells and solar panels for hot water and electric. Overview A fantastic property set within a level plot and benefitting from good vehicle access. The rental property currently receives a good income however with some minor adjustments, could be converted to create a superb 8 bedroom B&B with en-suite bathrooms. Situated within idyllic countryside and only 10kms from the town of Archidona and 45 minutes to both Malaga and Granada airports. Archidona is a thriving town with a population of approximately 10,000 and sits 660 metres above sea level in the foothills of Sierra de Gracia. The town offers shops, bars/restaurants and a municipal swimming pool as well as a horse-riding and pony-trekking centre.
2 Country Houses. 11 Bedrooms, 4 Bathrooms. Terrace. Swimming Pool. Olive Trees. Home and Income. B&B Potential. Essential Properties are delighted to offer for sale 2 detached country houses consisting of owners accommodation and a large guest house built either side of an internal courtyard. Owners Accommodation (113m2) This single-storey property comprises of an entrance hallway, a lounge, separate reception / dining room, a fitted kitchen, a family shower room and 3 double bedrooms; all enjoying built-in wardrobes. A door from the kitchen opens in a laundry / utility room leading out to an internal courtyard. Guest House / Rental Accommodation. (224m2) This single level property comprises of 8 good-sized double bedrooms, 3 family shower rooms and 2 spacious lounge / dining rooms enjoying wood burners and open-plan kitchens. A kitchenette can be found within one of the bedrooms, offering the potential to divide the property into 3 rental units each benefitting from independent access. The current owner rents the property as a whole and achieves a high level of occupancy. The Grounds The fully fenced plot measuring 13,283m2, is predominantly level and features over 200 olive trees. To the front of the properties sits a fabulous pool area with a 10m x 5m2 swimming pool, attractive terrace an lawned area. A partially-covered terrace features a bar / outdoor kitchen with brick-built BBQ and pizza oven; providing the perfect entertainment area. To the rear of the property is a workshop and a 100m2 vegetable garden. Additional features include a various parking areas, mains water and electric, 2 registered wells and solar panels for hot water and electric. Overview A fantastic property set within a level plot and benefitting from good vehicle access. The rental property currently receives a good income however with some minor adjustments, could be converted to create a superb 8 bedroom B&B with en-suite bathrooms. Situated within idyllic countryside and only 10kms from the town of Archidona and 45 minutes to both Malaga and Granada airports. Archidona is a thriving town with a population of approximately 10,000 and sits 660 metres above sea level in the foothills of Sierra de Gracia. The town offers shops, bars/restaurants and a municipal swimming pool as well as a horse-riding and pony-trekking centre.
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Currency Exchange
Archidona, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £501,907 | £517,159 | £15,252 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £501,907 |
| Maximum cost in the last six months | £517,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,252 |
Archidona, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £501,907 | £517,159 | £15,252 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £501,907 |
| Maximum cost in the last six months | £517,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,252 |
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 £15,252 more.
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