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This 9 Bedroom, 10 Bathroom, 188m2 built Cortijo sits on the outskirts of the spectacular and well-known town of Montefr o, in the province of Granada
Montefrio, Granada, Spain
REF: 397239
€380,000
Description
This 9 Bedroom, 10 Bathroom, 188m2 built Cortijo sits on the outskirts of the spectacular and well-known town of Montefr o, in the province of Granada. With an impressive plot size of 3,099m2 and distributed over two floors, the property offers a perfect oasis of peace and comfort far from the bustling lifestyle of the city as well as being the ideal property to create a countryside hotel or Bed and Breakfast / Casa Rural. The main entrance opens to a flowered and wide path with a spacious area which could be used for private parking. The main entrance gives access to a cheerful and well-lit reception. On the ground floor there are three spacious bedrooms with their own private bathrooms. The stairs will take you up to the first floor, where you will find a long corridor opening to a further six large bedrooms also with their own en suite bathrooms. As well, some of them having a lovely balcony overlooking the stunning landscape surrounding the Cortijo. The property is now being renovated and when finished, it will be equipped with a fitted kitchen, electricity connections, doors and a preinstalled alarm system. The air conditioning and the central heating are also being pre installed. A practical storage room and well water are included in the Cortijo.
This 9 Bedroom, 10 Bathroom, 188m2 built Cortijo sits on the outskirts of the spectacular and well-known town of Montefr o, in the province of Granada. With an impressive plot size of 3,099m2 and distributed over two floors, the property offers a perfect oasis of peace and comfort far from the bustling lifestyle of the city as well as being the ideal property to create a countryside hotel or Bed and Breakfast / Casa Rural. The main entrance opens to a flowered and wide path with a spacious area which could be used for private parking. The main entrance gives access to a cheerful and well-lit reception. On the ground floor there are three spacious bedrooms with their own private bathrooms. The stairs will take you up to the first floor, where you will find a long corridor opening to a further six large bedrooms also with their own en suite bathrooms. As well, some of them having a lovely balcony overlooking the stunning landscape surrounding the Cortijo. The property is now being renovated and when finished, it will be equipped with a fitted kitchen, electricity connections, doors and a preinstalled alarm system. The air conditioning and the central heating are also being pre installed. A practical storage room and well water are included in the Cortijo.
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Currency Exchange
Montefrio, Granada, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
Montefrio, Granada, 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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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