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This large property is situated in the village of Rodriguillo, just a few minutes drive from the affluent town of Pinoso
Pinoso, Alicante, Spain
REF: 207832
€94,800
Description
This large property is situated in the village of Rodriguillo, just a few minutes drive from the affluent town of Pinoso. The property consists of a house of 105 m2, a warehouse of 25m2, a shop of 23m2 and a storage room of 3m2. The property could be turned into two houses and a business. The traditional style house of 105 m2 has 2 storeys and needs some renovation but retains many original features including Valencian ceilings and a a log stove burner. There is a kitchen, living room, 3 bedrooms and a bathroom. The shop is currently used for the sale of wine and olive oil and the warehouse is used for the storage or these and also some equipment.
This large property is situated in the village of Rodriguillo, just a few minutes drive from the affluent town of Pinoso. The property consists of a house of 105 m2, a warehouse of 25m2, a shop of 23m2 and a storage room of 3m2. The property could be turned into two houses and a business. The traditional style house of 105 m2 has 2 storeys and needs some renovation but retains many original features including Valencian ceilings and a a log stove burner. There is a kitchen, living room, 3 bedrooms and a bathroom. The shop is currently used for the sale of wine and olive oil and the warehouse is used for the storage or these and also some equipment.
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Currency Exchange
Pinoso, Alicante, 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 €94,800 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 |
|---|---|---|---|
| €94,800 | £78,524 | £81,476 | £2,952 |
| Property Price € | €94,800 |
| Minimum cost in the last six months | £78,524 |
| Maximum cost in the last six months | £81,476 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,952 |
Pinoso, Alicante, 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 €94,800 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 |
|---|---|---|---|
| €94,800 | £78,524 | £81,476 | £2,952 |
| Property Price € | €94,800 |
| Minimum cost in the last six months | £78,524 |
| Maximum cost in the last six months | £81,476 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,952 |
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 £2,952 more.
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