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These 2 properties on one large plot are situated just a 5mins walk from the very pretty Almeria market town of Olula del Rio
Olula del Rio, Almeria, Spain
REF: 303138
€229,000
Description
These 2 properties on one large plot are situated just a 5mins walk from the very pretty Almeria market town of Olula del Rio. This wonderful town really is one of Almeria s undiscovered gems. It has great shops, two large supermarkets, loads of fab bars and eateries which run alongside a great pavement cafe culture and an overall young vibe. With great road access Olula is just 45 mins inland from some of the regions prettiest beach areas, Mojacar, Vera, Garrucha etc and is surrounded by the most picturesque and stand out countryside. Neighbouring towns include Fines with its popular Sunday market, Cela with it s beautiful thermal spring pool (free and open to the public). The jaw droppingly beautiful Baza Lakes and Spain Largest natural park the Parque de Cazorla are also within 40 mins drive. There are 2 properties situated on the plot and both are in need of reforming but have separate water and electric connections already in situ. The 1st a single storey dwelling of approx 130 mtrs needs a moderate amount of refurbishment to provide a wonderful 3 bed 2 bath detached property and the cost of reforming this to a very good standard has already been included in the selling price * as the estate is currently owned by a large building company. The 2nd property is a far larger 2 storey house approx 180-200 mtrs which has a huge adjoining (what used to be stable block and barn) this would take little to bring back into use. The parcel of land with the properties is 40,000 mtrs is mainly level and affords spectacular views of surrounding country side and on to the roof tops of the main town. The possibilities offered by this very rare to market property are endless. Live in one house rent or run the other for rural tourism perhaps riding holidays. Reform both houses segregate land and sell the one house on to recoup a major part of your investment. Perhaps 2 parts of family can now live side by side in separate accommodation. A pool can easily be added and licences in this location will not be an issue. REF CLA 7130 PRICE 229.000 Euros
These 2 properties on one large plot are situated just a 5mins walk from the very pretty Almeria market town of Olula del Rio. This wonderful town really is one of Almeria s undiscovered gems. It has great shops, two large supermarkets, loads of fab bars and eateries which run alongside a great pavement cafe culture and an overall young vibe. With great road access Olula is just 45 mins inland from some of the regions prettiest beach areas, Mojacar, Vera, Garrucha etc and is surrounded by the most picturesque and stand out countryside. Neighbouring towns include Fines with its popular Sunday market, Cela with it s beautiful thermal spring pool (free and open to the public). The jaw droppingly beautiful Baza Lakes and Spain Largest natural park the Parque de Cazorla are also within 40 mins drive. There are 2 properties situated on the plot and both are in need of reforming but have separate water and electric connections already in situ. The 1st a single storey dwelling of approx 130 mtrs needs a moderate amount of refurbishment to provide a wonderful 3 bed 2 bath detached property and the cost of reforming this to a very good standard has already been included in the selling price * as the estate is currently owned by a large building company. The 2nd property is a far larger 2 storey house approx 180-200 mtrs which has a huge adjoining (what used to be stable block and barn) this would take little to bring back into use. The parcel of land with the properties is 40,000 mtrs is mainly level and affords spectacular views of surrounding country side and on to the roof tops of the main town. The possibilities offered by this very rare to market property are endless. Live in one house rent or run the other for rural tourism perhaps riding holidays. Reform both houses segregate land and sell the one house on to recoup a major part of your investment. Perhaps 2 parts of family can now live side by side in separate accommodation. A pool can easily be added and licences in this location will not be an issue. REF CLA 7130 PRICE 229.000 Euros
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Currency Exchange
Olula del Rio, 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 €229,000 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 |
|---|---|---|---|
| €229,000 | £192,204 | £197,526 | £5,322 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £192,204 |
| Maximum cost in the last six months | £197,526 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,322 |
Olula del Rio, 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 €229,000 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 |
|---|---|---|---|
| €229,000 | £192,204 | £197,526 | £5,322 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £192,204 |
| Maximum cost in the last six months | £197,526 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,322 |
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 £5,322 more.
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