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Just a short distance through the olive groves of Monte Lopez Alvarez, in the Jaen province of Andalucia, Spain, we find this charming semi detached 315m2 build Cortijo among a cluster of houses
Monte Lope Alvarez, Jaen, Spain
REF: 397382
€85,000
Description
Just a short distance through the olive groves of Monte Lopez Alvarez, in the Jaen province of Andalucia, Spain, we find this charming semi detached 315m2 build Cortijo among a cluster of houses. Open the front door to see olives trees opposite, drive down the track and you see the enormous garage facing you. The house itself has been semi renovated with new first fix electrics, new tiled floors on the ground floor and partially new floors and original tiles upstairs and a new roof. Enter the front door into a large open living room with an open fire and semi divided kitchen area with reclaimed railway sleepers. Through the lounge is another open area which leads to the old stable part and out onto a long patio. Heading up the stairs on the turn is the planned access to the back of the garage and bathroom with sewage pipe in place. Upstairs there could be five bedrooms, one already separated as a room in the middle and the back has one room leading to the other with original hydraulic tiles in one part and cleaned original terracotta clay tiles in the other part. At the front of the house one large room leads to another with olive grove views.
Just a short distance through the olive groves of Monte Lopez Alvarez, in the Jaen province of Andalucia, Spain, we find this charming semi detached 315m2 build Cortijo among a cluster of houses. Open the front door to see olives trees opposite, drive down the track and you see the enormous garage facing you. The house itself has been semi renovated with new first fix electrics, new tiled floors on the ground floor and partially new floors and original tiles upstairs and a new roof. Enter the front door into a large open living room with an open fire and semi divided kitchen area with reclaimed railway sleepers. Through the lounge is another open area which leads to the old stable part and out onto a long patio. Heading up the stairs on the turn is the planned access to the back of the garage and bathroom with sewage pipe in place. Upstairs there could be five bedrooms, one already separated as a room in the middle and the back has one room leading to the other with original hydraulic tiles in one part and cleaned original terracotta clay tiles in the other part. At the front of the house one large room leads to another with olive grove views.
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Currency Exchange
Monte Lope Alvarez, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,710 | £73,153 | £2,443 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,710 |
| Maximum cost in the last six months | £73,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,443 |
Monte Lope Alvarez, 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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,710 | £73,153 | £2,443 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,710 |
| Maximum cost in the last six months | £73,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,443 |
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 £2,443 more.
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