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New to the market is this huge country house that is nearly 400 M2 in build size
Monóvar, Alicante, Spain
REF: 343447
€120,000
Description
New to the market is this huge country house that is nearly 400 M2 in build size. The house is in fantastic conditional and kept to a very high standard. This charming country house is situated in a small traditional hamlet of Monovar and just a short drive to Pinoso or Monovar for shopping. There is plenty of history in the hamlet and stunning mountain views all around. On entering the house you step into a light hallway, there is a small downstairs bedroom and then a lovely large living/dining room. Well maintained kitchen, large storage room/pantry, downstairs family bathroom with bath. Summer kitchen with BBQ area, large narrow patio and then a garage and access from the back. The upstairs of the house is beautifully presented with all the traditional beams exposed and varnished. There is 3/4 bedrooms and a bathroom with shower. The master bedroom has a walk in wardrobe. There is another huge part to the house that is in need of renovation. This part would make a great space for an art studio, sewing room, extra accommodation or just extra bedrooms.
New to the market is this huge country house that is nearly 400 M2 in build size. The house is in fantastic conditional and kept to a very high standard. This charming country house is situated in a small traditional hamlet of Monovar and just a short drive to Pinoso or Monovar for shopping. There is plenty of history in the hamlet and stunning mountain views all around. On entering the house you step into a light hallway, there is a small downstairs bedroom and then a lovely large living/dining room. Well maintained kitchen, large storage room/pantry, downstairs family bathroom with bath. Summer kitchen with BBQ area, large narrow patio and then a garage and access from the back. The upstairs of the house is beautifully presented with all the traditional beams exposed and varnished. There is 3/4 bedrooms and a bathroom with shower. The master bedroom has a walk in wardrobe. There is another huge part to the house that is in need of renovation. This part would make a great space for an art studio, sewing room, extra accommodation or just extra bedrooms.
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Currency Exchange
Monóvar, Alicante, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
Monóvar, Alicante, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
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 £3,737 more.
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