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This huge property is located in a village just 5 minutes drive from the affluent town of Pinoso
Pinoso, Alicante, Spain
REF: 207856
€129,000
Description
This huge property is located in a village just 5 minutes drive from the affluent town of Pinoso. There is a large house with a large winery behind which could be converted into another house with independent access. The main house has had a complete new roof and most of the structural work is complete and much of the original features remain, including the olive press in the bodega. There is mains water, electric and sewage available at the property which has a large courtyard with room for a swimming pool. There are 2 further pieces of land, one in front of the house where you could build a garage or car port and another piece planted with shrubs. This property would make a great project to complete or we have local builders that could do it for you.
This huge property is located in a village just 5 minutes drive from the affluent town of Pinoso. There is a large house with a large winery behind which could be converted into another house with independent access. The main house has had a complete new roof and most of the structural work is complete and much of the original features remain, including the olive press in the bodega. There is mains water, electric and sewage available at the property which has a large courtyard with room for a swimming pool. There are 2 further pieces of land, one in front of the house where you could build a garage or car port and another piece planted with shrubs. This property would make a great project to complete or we have local builders that could do it for you.
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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 €129,000 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 |
|---|---|---|---|
| €129,000 | £106,852 | £110,869 | £4,017 |
| Property Price € | €129,000 |
| Minimum cost in the last six months | £106,852 |
| Maximum cost in the last six months | £110,869 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,017 |
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 €129,000 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 |
|---|---|---|---|
| €129,000 | £106,852 | £110,869 | £4,017 |
| Property Price € | €129,000 |
| Minimum cost in the last six months | £106,852 |
| Maximum cost in the last six months | £110,869 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,017 |
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 £4,017 more.
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