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Welcome to the house with one of the best views in Almuñécar, located 450 metres above sea level and on a clear day Morocco can be seen in the distance
Almuñécar, Granada, Spain
REF: 286679
€295,000
Description
Welcome to the house with one of the best views in Almuñécar, located 450 metres above sea level and on a clear day Morocco can be seen in the distance. A large lovely urban plot of 3,094 sqm, house of 83 sqm plus terraces and pergola, and a detached garage of 65 sqm. Water right included in the purchase, new septic tank available. New legal rules have come into force since the beginning of 2022, about what you are allowed to build on a plot like this. This means that the plot is now urban and that it is possible to build new, expand, rebuild, build a pool and other outdoor structures. The house is 83 sqm and consists of two bedrooms, a bathroom with shower and washing machine, large fully equipped kitchen, living room with dining area and a walk-in-closet. A wonderful terrace surrounds the whole house and there are opening doors from the terrace into all the rooms, making it easy to move around. There is also a pergola of over 40 sqm, outdoor storage of 7 sqm and a walled barbecue area. See the attached floor plan. Living here, a car is a must. It takes 15 minutes to Almuñécar centre in one direction and 15 minutes in the other direction to Salobreña, it takes less than 10 minutes to the nearest beach. Malaga airport is an hour away by car, but there is also a regular bus service from Almuñécar. There is an 18-hole golf course in Salobreña, just a 15-minute drive from the house. In winter you have just an hour and a half's drive to Granada with skiing in the Sierra Nevada, the best of both worlds.
Welcome to the house with one of the best views in Almuñécar, located 450 metres above sea level and on a clear day Morocco can be seen in the distance. A large lovely urban plot of 3,094 sqm, house of 83 sqm plus terraces and pergola, and a detached garage of 65 sqm. Water right included in the purchase, new septic tank available. New legal rules have come into force since the beginning of 2022, about what you are allowed to build on a plot like this. This means that the plot is now urban and that it is possible to build new, expand, rebuild, build a pool and other outdoor structures. The house is 83 sqm and consists of two bedrooms, a bathroom with shower and washing machine, large fully equipped kitchen, living room with dining area and a walk-in-closet. A wonderful terrace surrounds the whole house and there are opening doors from the terrace into all the rooms, making it easy to move around. There is also a pergola of over 40 sqm, outdoor storage of 7 sqm and a walled barbecue area. See the attached floor plan. Living here, a car is a must. It takes 15 minutes to Almuñécar centre in one direction and 15 minutes in the other direction to Salobreña, it takes less than 10 minutes to the nearest beach. Malaga airport is an hour away by car, but there is also a regular bus service from Almuñécar. There is an 18-hole golf course in Salobreña, just a 15-minute drive from the house. In winter you have just an hour and a half's drive to Granada with skiing in the Sierra Nevada, the best of both worlds.
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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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
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 £9,186 more.
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