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Recently renovated villa in Somontin with character, great views, and a warm feeling to it
Somontin, Almeria, Spain
REF: 289781
€83,000
Description
Recently renovated villa in Somontin with character, great views, and a warm feeling to it. This property comprises 2 bedrooms, family bathroom, lounge & dining room and kitchen in one large open space, with a fireplace and a separate storage room, also with an open fire. The house itself has approx. 70m2 and approx. 7000m2 of land with a wide range of trees, such as olives (140), almonds (35) and fruit trees also has around 200 grape vines from which the owner produces 300 litres of wine every year. He will leave the press and wine making equipment so that you can start to make your own wine. The property also produces around 5000 kilos of olives every year, which can be used to produce olive oil for sale. The almond harvest is also becoming a good income. If you do not want to do the farmwork, its possible to exchange labour for some of the crops. The property has it s own independent access right to the house. The house is sold fully furnished most of the furniture is high quality and brand new. Beautiful views surround this the property, there are many activities around for you to do and the towns festivals is one of the best around. You have shops and restaurants 5 minutes away in Purchena, supermarkets are 10 minutes away and the nearest airport is 1 hour away.
Recently renovated villa in Somontin with character, great views, and a warm feeling to it. This property comprises 2 bedrooms, family bathroom, lounge & dining room and kitchen in one large open space, with a fireplace and a separate storage room, also with an open fire. The house itself has approx. 70m2 and approx. 7000m2 of land with a wide range of trees, such as olives (140), almonds (35) and fruit trees also has around 200 grape vines from which the owner produces 300 litres of wine every year. He will leave the press and wine making equipment so that you can start to make your own wine. The property also produces around 5000 kilos of olives every year, which can be used to produce olive oil for sale. The almond harvest is also becoming a good income. If you do not want to do the farmwork, its possible to exchange labour for some of the crops. The property has it s own independent access right to the house. The house is sold fully furnished most of the furniture is high quality and brand new. Beautiful views surround this the property, there are many activities around for you to do and the towns festivals is one of the best around. You have shops and restaurants 5 minutes away in Purchena, supermarkets are 10 minutes away and the nearest airport is 1 hour away.
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Currency Exchange
Somontin, 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 €83,000 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 |
|---|---|---|---|
| €83,000 | £69,046 | £71,431 | £2,385 |
| Property Price € | €83,000 |
| Minimum cost in the last six months | £69,046 |
| Maximum cost in the last six months | £71,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,385 |
Somontin, 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 €83,000 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 |
|---|---|---|---|
| €83,000 | £69,046 | £71,431 | £2,385 |
| Property Price € | €83,000 |
| Minimum cost in the last six months | £69,046 |
| Maximum cost in the last six months | £71,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,385 |
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 £2,385 more.
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