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This beautiful cortijo which has been partly reformed, keeping both traditional and modern touches screams out unique
Montefrio, Granada, Spain
REF: 397944
€149,995
Description
This beautiful cortijo which has been partly reformed, keeping both traditional and modern touches screams out unique. With great access to both towns of Tocon and Montefrio at around 8km the property is sat in the grounds of 13,000m2 with 120 olive trees which bring in an income every year. The trees produce around 5,000kg which can make 4,000 euros. The water comes from a new well that they have built and it supplies water for the house and is also used as irrigation. The property itself has a large driveway to park 2-3 cars, from here you have access to the an outside store room and into the main property where we find on the ground floor a large kitchen come dining room with open fireplace, a separate living room, a full family bathroom and two spacious bedrooms letting in plenty of light. On this level you also have an undercover terrace come utility area. Going down a level it leads you to various storage rooms and a large garage which could be converted if desired. On exiting the garage you are greeted by a pretty shaded area covered in grape vines, this then takes you down to the land and river. Take a look at our video and book an appointment to appreciate this truly beautiful property and its surroundings.
This beautiful cortijo which has been partly reformed, keeping both traditional and modern touches screams out unique. With great access to both towns of Tocon and Montefrio at around 8km the property is sat in the grounds of 13,000m2 with 120 olive trees which bring in an income every year. The trees produce around 5,000kg which can make 4,000 euros. The water comes from a new well that they have built and it supplies water for the house and is also used as irrigation. The property itself has a large driveway to park 2-3 cars, from here you have access to the an outside store room and into the main property where we find on the ground floor a large kitchen come dining room with open fireplace, a separate living room, a full family bathroom and two spacious bedrooms letting in plenty of light. On this level you also have an undercover terrace come utility area. Going down a level it leads you to various storage rooms and a large garage which could be converted if desired. On exiting the garage you are greeted by a pretty shaded area covered in grape vines, this then takes you down to the land and river. Take a look at our video and book an appointment to appreciate this truly beautiful property and its surroundings.
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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 €149,995 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 |
|---|---|---|---|
| €149,995 | £124,242 | £128,913 | £4,671 |
| Property Price € | €149,995 |
| Minimum cost in the last six months | £124,242 |
| Maximum cost in the last six months | £128,913 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 €149,995 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 |
|---|---|---|---|
| €149,995 | £124,242 | £128,913 | £4,671 |
| Property Price € | €149,995 |
| Minimum cost in the last six months | £124,242 |
| Maximum cost in the last six months | £128,913 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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