Looking west to Alora
Looking west to Alora
Property for sale in SpainRural spanish property near white walled town of AloraClose Malaga airport Costa del Sol |
 |
Tel 01590 623765 mob 07932 140878 |
|
PRICE REDUCTION PROPERTY 1 BELOW TO £266,950 on 1st October 2008. |
| Welcome to our website with details of our property for sale in Spain We are offering rural property for sale in spain. There are two villas both with large plots situated on the same hillside and close to the traditional spanish white walled town of Alora, 45 minutes north of Malaga on the Costa del Sol region of Spain. This area is also known as Andalucia with beautiful mountain and coastal scenery. The yachting harbours of Marbella and Benalmadena are only an hours drive or so away and golf courses are in abundance. The Sierra Nevada ski resort can be reached in 2 hours by car and the duty free Rock of Gibralta is a similar distance. The properties are surrounded by hills and there are some spectacular lakes 30 minutes distant. |
We took the photo of Alora above from the top of one of these hills which look down on the properties. The photo immediately below is north and shows the new high speed railway from Madrid to Malaga which takes around 2 hours. Malaga airport has a new terminal opening in 2010 with direct flights to the USA and Carribean. Properties like these are now difficult to find because as development advances, one needs to travel further along dusty tracks into the hills. It is not unusual to have to travel 15km from the nearest tarmac road. These properties are just 3km from a restaurant, shops and excellent primary school but despite that retain their tranquil setting. We can further explain why this makes an excellent investment property abroad. |
| The best time to buy spanish property! This may sound a little far fetched at the moment due to the depreciation of Sterling against the Euro in recent months which has increased the number of £s required to purchase the Euros. However the owners are going to repatriate the purchase funds into the UK and will make an equivalent gain to the purchasers loss. At the time property 1 was placed on the market at E400,000, the exchange rate was E1.5=£1 requiring £266,660 of purchase funds for a UK buyer. | Now that the rate has reduced to E1.2=£1, £333,333 of purchasers funds would have been required, an increase of £67,000. For the seller the gain would be the same £67,000. For that reason they will accept to pass their gain over to the purchasers by way of a price reduction if paying in Euros or by accepting payment in Sterling at £266,660 from a UK buyer. A second incentive offered by the sellers is to credit the buyers with the saving in estate agents fees of 2% resulting from a direct sale. |
| PROPERTY 1 | |
| VILLA 150m2 with land 31,000 m2 covered in mature olive and almond trees 399,990 euros | |
| This has a stunning setting in a bowl of hills. There is a 180 degree panoramic vista of the ever changing hillsides which are covered in olive and almond trees, all of which you will own. In the early part of the year, the hills are covered in white blossom | from the almond trees making a truly marvellous backdrop. The early morning quiet is broken by the bells as the goat herd drives his flock of goats up the hillside path past the living room patio doors. This really is different to life in England. |
| The property has 3 double bedrooms, 2 bathrooms, a large lounge and store room. There is an enclosed landscaped garden of approx 11/2 acres with many varieties of established fruit trees. The pool is 8m x 4m and there are 2 wells serving the | property avoiding the cost of water delivery by tanker. Satellite TV can be received and there is a log burner in the lounge to take advantage of the availability of fallen wood from the trees on the hillsides. |
|
IMPORTANT - THIS PROPERTY POSSESSES ALL LEGAL BUILDING AND PLANNING AUTHORISATIONS INCLUDING SWIMMING POOL. THE OWNER IS FROM THE BUILDING TRADE AND BUILD QUALITY IS TO A HIGH STANDARD AS HE BUILT THE PROPERTY FOR HIS OWN USE. |
||
| Viewing ArrangementsThe abundance of flights to Malaga allows a viewing trip to be made in a single day. Fly out in the morning from your local airport and we will meet you at Malaga airport for the 45 minute drive to the properties. After we have shown you all there is to see and answered all your questions, we will provide lunch on the terrace. After lunch we will | drive you through the streets of Alora and point out any recommended shops before returning you to the airport for the return flight to the UK (2 hours). Note that the viewing trip is entirely without obligation and we will put no pressure on you but simply show you around. If you decided to go ahead, we would be delighted to refund the cost of your viewing trips. | |
|
Save this page if you think you may want to reconsider at a later point |
| PROPERTY 2 | |
| VILLA with land 31,000 m2 covered in mature olive and almond trees £200,000 | |
| Property 2 is higher up the same hillside with breath taking views towards Alora. The Villa is in a part finished condition at the moment but is habitable with all electricity and water connected. Again all legal authorisations are in place. No work has yet been carried out on the external finishes. | |
|
|
