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Village House
Albuñuelas, Granada, Spain
REF: 413928
€60,000
Description
Village House. 4 Bedrooms, 1.5 Bathrooms. Internal Courtyard. Renovation Project Essential Properties are pleased to present a spacious village house requiring renovation. The ground floor comprises of a large lounge with fireplace, kitchen requiring installation, a second lounge/reception room and a double bedroom. Patio door from the kitchen leads to the inner courtyard featuring a cloakroom with WC. Within the courtyard is a small ruin with a cellar requiring renovation and offering scope to create a guest apartment. The first floor features 2 double bedrooms, a single bedroom and a family shower room. Located within walking distance of shops, bars and restaurants, Granada city centre and airport are approximately 40 minutes drive, 1 hour to Sierra Nevada ski resort and 1 hour 30 minutes to Malaga airport. An ideal property for property developers, investors or those looking to create their perfect home in the sun. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
Village House. 4 Bedrooms, 1.5 Bathrooms. Internal Courtyard. Renovation Project Essential Properties are pleased to present a spacious village house requiring renovation. The ground floor comprises of a large lounge with fireplace, kitchen requiring installation, a second lounge/reception room and a double bedroom. Patio door from the kitchen leads to the inner courtyard featuring a cloakroom with WC. Within the courtyard is a small ruin with a cellar requiring renovation and offering scope to create a guest apartment. The first floor features 2 double bedrooms, a single bedroom and a family shower room. Located within walking distance of shops, bars and restaurants, Granada city centre and airport are approximately 40 minutes drive, 1 hour to Sierra Nevada ski resort and 1 hour 30 minutes to Malaga airport. An ideal property for property developers, investors or those looking to create their perfect home in the sun. In compliance with Decree 218/2005, of 11 October, approving the Regulation on Consumer Information on the sale of homes in Andalusia, the client is informed that the notarial, registry and fiscal expenses that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The Agency's professional fees are included.
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Currency Exchange
Albuñuelas, 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 €60,000 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 |
|---|---|---|---|
| €60,000 | £49,699 | £51,567 | £1,868 |
| Property Price € | €60,000 |
| Minimum cost in the last six months | £49,699 |
| Maximum cost in the last six months | £51,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,868 |
Albuñuelas, 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 €60,000 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 |
|---|---|---|---|
| €60,000 | £49,699 | £51,567 | £1,868 |
| Property Price € | €60,000 |
| Minimum cost in the last six months | £49,699 |
| Maximum cost in the last six months | £51,567 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,868 |
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 £1,868 more.
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