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Now you have the opportunity to acquire TWO lovely plots with great potential, both have sea and mountain views
Almuñécar, Granada, Spain
REF: 282197
€58,000
Description
Now you have the opportunity to acquire TWO lovely plots with great potential, both have sea and mountain views. The large plot is 11,285 sqm and the smaller one is 1,232 sqm, the plots are separated by a small road. The smaller plot is slightly higher than the larger one and has a great view, perfect for a smaller house or to place a caravan. Water rights are included in the purchase. On the larger plot there used to be a two-storey house, parts of which are still there. The house was built over 80 years ago and stands on a very solid foundation, this can be restored and built up to the size it once was. The owner has checked this information with the municipality and the original dimensions were about 60 square metres on the ground floor and about 40 square metres upstairs. Next to the house there is also a smaller building that was once used to make artisanal wine, tools are still there. The larger plot is best suited for fruit and vegetable production. The house is connected to a water community and they are entitled to one hour of water every week, which corresponds to 8-9 cubic metres of water. The easiest way to supply electricity is with solar panels. The plots are located in a quiet area of Los Mateos, only 25 minutes from the centre of Almuñécar and its lovely beaches. There is a good road all the way there and there is also good internet coverage on site. The plots are only sold together, totalling 12,517 sqm. It is rare to find such a large plot, where it is possible to build such a large house.
Now you have the opportunity to acquire TWO lovely plots with great potential, both have sea and mountain views. The large plot is 11,285 sqm and the smaller one is 1,232 sqm, the plots are separated by a small road. The smaller plot is slightly higher than the larger one and has a great view, perfect for a smaller house or to place a caravan. Water rights are included in the purchase. On the larger plot there used to be a two-storey house, parts of which are still there. The house was built over 80 years ago and stands on a very solid foundation, this can be restored and built up to the size it once was. The owner has checked this information with the municipality and the original dimensions were about 60 square metres on the ground floor and about 40 square metres upstairs. Next to the house there is also a smaller building that was once used to make artisanal wine, tools are still there. The larger plot is best suited for fruit and vegetable production. The house is connected to a water community and they are entitled to one hour of water every week, which corresponds to 8-9 cubic metres of water. The easiest way to supply electricity is with solar panels. The plots are located in a quiet area of Los Mateos, only 25 minutes from the centre of Almuñécar and its lovely beaches. There is a good road all the way there and there is also good internet coverage on site. The plots are only sold together, totalling 12,517 sqm. It is rare to find such a large plot, where it is possible to build such a large house.
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Currency Exchange
Almuñécar, Granada, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £48,042 | £49,848 | £1,806 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £48,042 |
| Maximum cost in the last six months | £49,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
Almuñécar, Granada, 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 €58,000 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 |
|---|---|---|---|
| €58,000 | £48,042 | £49,848 | £1,806 |
| Property Price € | €58,000 |
| Minimum cost in the last six months | £48,042 |
| Maximum cost in the last six months | £49,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
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 £1,806 more.
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