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A superb example of an elegant character mansion property, situated in a small hamlet just a short drive - 10 minutes from the pretty market town of Lubrin and 15 minutes to Bedar
Lubrin, Almeria, Spain
REF: 494422
€50,000
Description
A superb example of an elegant character mansion property, situated in a small hamlet just a short drive - 10 minutes from the pretty market town of Lubrin and 15 minutes to Bedar. The property has the added benefit of having a complete new roof and terrace made within the last 10 years. This property has once been a large family home and has been closed for some 30 years, it has some wonderful original features including vaulted high ceilings, original rejas (window grills), Moorish arches, To the front of the property is a large terrace with beautiful metal surround, a cellar to the basement offers additional space for this property. In essence, it is a four storey property which could cost in the region of approximately 35- 40k to complete and reform. As a finished property one would have a 4 DB bedroom with 2-3 bathrooms. With the added advantage of excellent outside space and a roof terrace already complete with beautiful extending views of the village and pretty valley below. We can assist in connecting the buyer with local professional builders and if required project manage the upgrade also. Mains drainage, electric, water, wifi possible. Half an hour to the beaches of Mojacar/ 1 to the airport of Almeria, 1 1/2 hours to the international airport of Murcia and 2 hours Alicante by car. An excellent buy!
A superb example of an elegant character mansion property, situated in a small hamlet just a short drive - 10 minutes from the pretty market town of Lubrin and 15 minutes to Bedar. The property has the added benefit of having a complete new roof and terrace made within the last 10 years. This property has once been a large family home and has been closed for some 30 years, it has some wonderful original features including vaulted high ceilings, original rejas (window grills), Moorish arches, To the front of the property is a large terrace with beautiful metal surround, a cellar to the basement offers additional space for this property. In essence, it is a four storey property which could cost in the region of approximately 35- 40k to complete and reform. As a finished property one would have a 4 DB bedroom with 2-3 bathrooms. With the added advantage of excellent outside space and a roof terrace already complete with beautiful extending views of the village and pretty valley below. We can assist in connecting the buyer with local professional builders and if required project manage the upgrade also. Mains drainage, electric, water, wifi possible. Half an hour to the beaches of Mojacar/ 1 to the airport of Almeria, 1 1/2 hours to the international airport of Murcia and 2 hours Alicante by car. An excellent buy!
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Currency Exchange
Lubrin, 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 | £41,416 | £42,973 | £1,557 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,416 |
| 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 | £1,557 |
Lubrin, 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 | £41,416 | £42,973 | £1,557 |
| Property Price € | €50,000 |
| Minimum cost in the last six months | £41,416 |
| 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 | £1,557 |
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 £1,557 more.
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