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Beautiful 2 bed 1 bath traditional Spanish property which could be converted into a 4/5 bedroom property situated within a 30-35 minute drive into the town of Albox which offers all necessary amenities such as supermarkets, banks, bakeries, butchers, medic and much more
El Bancalejo, Almeria, Spain
REF: 289811
€95,000
Description
Beautiful 2 bed 1 bath traditional Spanish property which could be converted into a 4/5 bedroom property situated within a 30-35 minute drive into the town of Albox which offers all necessary amenities such as supermarkets, banks, bakeries, butchers, medic and much more. To the front of the house there is a terrace which leads to the front door. Through the front door is a well sized fitted kitchen diner/ living area. To the left is a utility area and a bathroom with a shower, vanity unit and WC. From the kitchen there are two doors, one on the right where there is a well-sized double bedroom. To the left there is another double bedroom with access to the staircase. From the bedroom the staircase leads up to a large open plan room which could be converted into a a bedroom. There is also a large room which could be a living area. To the left of the large room there is a bedroom. There is also a newly built garage which has a separate room and water and electricity. This garage could be converted into a separate apartment. This property would be ideal as a B&B or Rural Home, or even simply used as a lock up and go holiday home as the owners do.
Beautiful 2 bed 1 bath traditional Spanish property which could be converted into a 4/5 bedroom property situated within a 30-35 minute drive into the town of Albox which offers all necessary amenities such as supermarkets, banks, bakeries, butchers, medic and much more. To the front of the house there is a terrace which leads to the front door. Through the front door is a well sized fitted kitchen diner/ living area. To the left is a utility area and a bathroom with a shower, vanity unit and WC. From the kitchen there are two doors, one on the right where there is a well-sized double bedroom. To the left there is another double bedroom with access to the staircase. From the bedroom the staircase leads up to a large open plan room which could be converted into a a bedroom. There is also a large room which could be a living area. To the left of the large room there is a bedroom. There is also a newly built garage which has a separate room and water and electricity. This garage could be converted into a separate apartment. This property would be ideal as a B&B or Rural Home, or even simply used as a lock up and go holiday home as the owners do.
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Currency Exchange
El Bancalejo, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
El Bancalejo, 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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
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 £2,958 more.
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