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Enormous potential with this large bar reception room on street level, disco with bar and DJ booth on lower, street level and lounge, 2 bedrooms, kitchen , utility room and access onto the huge terrace on the first floor
Bobadilla de Alcaudete, Jaen, Spain
REF: 397230
€330,000
Description
Enormous potential with this large bar reception room on street level, disco with bar and DJ booth on lower, street level and lounge, 2 bedrooms, kitchen , utility room and access onto the huge terrace on the first floor. The terrace overlooks olive groves at the back and further stairs to the 2nd floor where you have another bedroom and roof terrace overlooking the front. From the street there are two doors, one into the bar and one to stairs up to the living accommodation with a further door connecting them both. The front part of the bar is large and leads through to a larger restaurant area or function room with kitchen and stairs lead up to the very big roof terrace as well as other stairs down to the disco / club with exits onto the street at the back. This has lots of potential to become commercial use again or to make three separate living quarters or turn the downstairs into garages. Imagine what you can do with a property with a total of 423 square metres built!
Enormous potential with this large bar reception room on street level, disco with bar and DJ booth on lower, street level and lounge, 2 bedrooms, kitchen , utility room and access onto the huge terrace on the first floor. The terrace overlooks olive groves at the back and further stairs to the 2nd floor where you have another bedroom and roof terrace overlooking the front. From the street there are two doors, one into the bar and one to stairs up to the living accommodation with a further door connecting them both. The front part of the bar is large and leads through to a larger restaurant area or function room with kitchen and stairs lead up to the very big roof terrace as well as other stairs down to the disco / club with exits onto the street at the back. This has lots of potential to become commercial use again or to make three separate living quarters or turn the downstairs into garages. Imagine what you can do with a property with a total of 423 square metres built!
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Currency Exchange
Bobadilla de Alcaudete, Jaen, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £271,887 | £283,619 | £11,732 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £271,887 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,732 |
Bobadilla de Alcaudete, Jaen, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £271,887 | £283,619 | £11,732 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £271,887 |
| Maximum cost in the last six months | £283,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,732 |
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 £11,732 more.
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