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Two storey manor house in the town of Albox
Albox, Almeria, Spain
REF: 287326
€99,990
Description
Two storey manor house in the town of Albox. The house has a wooden door and windows and security bars ( rejas) on all windows in well-preserved antique style. The house needs renovation, but you can perfectly live in it while doing the work . The floors of the house are original and it has a patio of about fifty square meters , shaded in the morning and sunny in the afternoon , which at this time is a little untidy but with a little cleaning it would be ideal. It has four bedrooms and space for up to two or three more and bathrooms if needed. It has a family bathroom and a kitchen with traditional fireplace. It also has an area that was once a small family business, which could be used for another business or could be added to the house by removing the wall and extending the kitchen .. It is located in a pedestrian street, in the old part of the town, five minutes walk from the main square. It is a large house with many possibilities . maybe as a BB or boutique hotel or just for that extended family and friends . Beautiful opportunity .
Two storey manor house in the town of Albox. The house has a wooden door and windows and security bars ( rejas) on all windows in well-preserved antique style. The house needs renovation, but you can perfectly live in it while doing the work . The floors of the house are original and it has a patio of about fifty square meters , shaded in the morning and sunny in the afternoon , which at this time is a little untidy but with a little cleaning it would be ideal. It has four bedrooms and space for up to two or three more and bathrooms if needed. It has a family bathroom and a kitchen with traditional fireplace. It also has an area that was once a small family business, which could be used for another business or could be added to the house by removing the wall and extending the kitchen .. It is located in a pedestrian street, in the old part of the town, five minutes walk from the main square. It is a large house with many possibilities . maybe as a BB or boutique hotel or just for that extended family and friends . Beautiful opportunity .
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Currency Exchange
Albox, Almeria, 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 €99,990 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 |
|---|---|---|---|
| €99,990 | £82,823 | £85,936 | £3,114 |
| Property Price € | €99,990 |
| Minimum cost in the last six months | £82,823 |
| Maximum cost in the last six months | £85,936 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Albox, Almeria, 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 €99,990 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 |
|---|---|---|---|
| €99,990 | £82,823 | £85,936 | £3,114 |
| Property Price € | €99,990 |
| Minimum cost in the last six months | £82,823 |
| Maximum cost in the last six months | £85,936 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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