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Lovely village house situated in the village of Somontin which offers all necessary amenities for a day to day life
Somontin, Almeria, Spain
REF: 419517
€50,000
Description
Lovely village house situated in the village of Somontin which offers all necessary amenities for a day to day life. On the ground floor there is a kitchen, pantry, living room, bedroom and a bathroom. There are also 3 rooms that can be used as storage rooms, small garage etc. The main access to the house is via the lounge but there are two more entrances, one from the kitchen and the other to the rear of the house. On the first floor there is a lounge which can be split to create more rooms, 3 bedrooms, laundry room, terrace with magnificent views, bathroom and a bedroom with access out to a terrace. The village offers all necessary services for daily life such as shops, bakery, butcher, school, doctor, pharmacy, bars, sports and leisure centre, town hall, etc. and 10 minutes drive we have Purchena and Olula del Rio where we find all kinds of services such as banks, supermarkets, 24 hour emergency, etc.
Lovely village house situated in the village of Somontin which offers all necessary amenities for a day to day life. On the ground floor there is a kitchen, pantry, living room, bedroom and a bathroom. There are also 3 rooms that can be used as storage rooms, small garage etc. The main access to the house is via the lounge but there are two more entrances, one from the kitchen and the other to the rear of the house. On the first floor there is a lounge which can be split to create more rooms, 3 bedrooms, laundry room, terrace with magnificent views, bathroom and a bedroom with access out to a terrace. The village offers all necessary services for daily life such as shops, bakery, butcher, school, doctor, pharmacy, bars, sports and leisure centre, town hall, etc. and 10 minutes drive we have Purchena and Olula del Rio where we find all kinds of services such as banks, supermarkets, 24 hour emergency, etc.
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Currency Exchange
Somontin, Almeria, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £42,973 | £1,778 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £42,973 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,778 |
Somontin, Almeria, 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 €50,000 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 |
|---|---|---|---|
| €50,000 | £41,195 | £42,973 | £1,778 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,195 |
| Maximum cost in the last six months | £42,973 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,778 |
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 £1,778 more.
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