Townhouse

Riogordo, Málaga, Spain

For Sale

€235,000

REF: 978827 €235,000


5

1

345 m2

Description

Townhouse. 5 Bedrooms, 1 Bathroom. Rear Patio. Outbuilding. Substantial Village Townhouse with Flexible Spaces and Guest Annex Potential Discover a spacious five-bedroom townhouse in the heart of Riogordo, offering a versatile layout, a rear patio, and significant potential for creating independent guest accommodation.

This substantial property presents a unique opportunity for a large family or those seeking rental income possibilities within a vibrant town. The ground floor welcomes you with an entrance hall leading to a comfortable lounge/reception room. A separate main lounge provides additional living space. A versatile room, previously used as a salon/massage room, offers flexibility for various uses.

Two double bedrooms are also located on this level. The kitchen requires updating, presenting a blank canvas for a modern design. A family bathroom with a full bath serves the ground floor. To the rear, an additional seating area features a door opening onto a rear patio. Ascending to the first floor, you'll find a large landing/seating area with a Juliet balcony.

Three further double bedrooms provide ample accommodation. Two storage rooms offer practical space for belongings. The rear patio features a large utility/storage room. An outbuilding houses a substantial independent room, offering versatile space. A second access point leads to a large ground-floor room with steps up to two first-floor rooms, presenting enormous potential for creating separate guest accommodation.

A chicken coop is also located on the property. This substantial townhouse, with its five bedrooms, flexible ground-floor spaces, rear patio, and significant potential for a guest annex, offers a unique opportunity in Riogordo. While the kitchen requires updating, the property's size, layout, and potential for separate accommodation make it a compelling prospect for a variety of buyers seeking a spacious home with income-generating possibilities in this desirable location.

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.
Townhouse. 5 Bedrooms, 1 Bathroom. Rear Patio. Outbuilding. Substantial Village Townhouse with Flexible Spaces and Guest Annex Potential Discover a spacious five-bedroom townhouse in the heart of Riogordo, offering a versatile layout, a rear patio, and significant potential for creating independent guest accommodation.

This substantial property presents a unique opportunity for a large family or those seeking rental income possibilities within a vibrant town. The ground floor welcomes you with an entrance hall leading to a comfortable lounge/reception room. A separate main lounge provides additional living space. A versatile room, previously used as a salon/massage room, offers flexibility for various uses.

Two double bedrooms are also located on this level. The kitchen requires updating, presenting a blank canvas for a modern design. A family bathroom with a full bath serves the ground floor. To the rear, an additional seating area features a door opening onto a rear patio. Ascending to the first floor, you'll find a large landing/seating area with a Juliet balcony.

Three further double bedrooms provide ample accommodation. Two storage rooms offer practical space for belongings. The rear patio features a large utility/storage room. An outbuilding houses a substantial independent room, offering versatile space. A second access point leads to a large ground-floor room with steps up to two first-floor rooms, presenting enormous potential for creating separate guest accommodation.

A chicken coop is also located on the property. This substantial townhouse, with its five bedrooms, flexible ground-floor spaces, rear patio, and significant potential for a guest annex, offers a unique opportunity in Riogordo. While the kitchen requires updating, the property's size, layout, and potential for separate accommodation make it a compelling prospect for a variety of buyers seeking a spacious home with income-generating possibilities in this desirable location.

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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Property on Map

#XL4548

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 €235,000 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
€235,000 £193,981 £204,001 £10,020
Property Price € €235,000
Minimum cost in the last six months £193,981
Maximum cost in the last six months £204,001
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,020

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 €235,000 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
€235,000 £193,981 £204,001 £10,020
Property Price € €235,000
Minimum cost in the last six months £193,981
Maximum cost in the last six months £204,001
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,020

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 £10,020 more.

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