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Traditional Spanish property situated in the large market town of Albox which offers all necessary amenities
Albox, Almeria, Spain
REF: 289455
€68,000
Description
Traditional Spanish property situated in the large market town of Albox which offers all necessary amenities. On the ground floor there is a cosy living room with a traditional fireplace and air conditioning, two double bedrooms, dining room which could be another bedroom if necessary, and a family bathroom. On the first floor there are two bedrooms and access out to a huge roof terrace with outstanding views over the town and surrounding mountain ranges. There is a second door on the outside which opens into what could be another property. This is currently used as a second kitchen but could be converted into a separate apartment or used to create more space for the main house. Situated within a short walk from all amenities! This would make an ideal first home in Spain!
Traditional Spanish property situated in the large market town of Albox which offers all necessary amenities. On the ground floor there is a cosy living room with a traditional fireplace and air conditioning, two double bedrooms, dining room which could be another bedroom if necessary, and a family bathroom. On the first floor there are two bedrooms and access out to a huge roof terrace with outstanding views over the town and surrounding mountain ranges. There is a second door on the outside which opens into what could be another property. This is currently used as a second kitchen but could be converted into a separate apartment or used to create more space for the main house. Situated within a short walk from all amenities! This would make an ideal first home in Spain!
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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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
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 £2,118 more.
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