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Large villa with spectacular views in Alpujarra Natural Park, Granada Traditional stone Cortijo divided into two floors with three apartments, can easily be converted into a large family residence if desired
Pórtugos, Granada, Spain
REF: 524034
€575,000
Description
Large villa with spectacular views in Alpujarra Natural Park, Granada Traditional stone Cortijo divided into two floors with three apartments, can easily be converted into a large family residence if desired. Located in the Alpujarras Natural Park in Granada, with a short walk to nearby villages and surrounded by space, beauty, tranquility and spectacular views. The property is currently run as a successful rural tourism business (licensed by the Granada Tourist Board) and provides sufficient income for the couple living there. Whoever buys the property will have income from the business from day one, the property is sold with the company's goodwill, including websites, email lists etc. The property has been renovated to a high standard, including central heating and underfloor heating powered by an energy efficient heat pump. A new roof was added in 2019 with extra insulation for winter and summer comfort. The property is distributed as follows; Ground floor - Two one-bedroom apartments with double bed, used for rental. Each apartment has a living/dining room, kitchen, bathroom and patio. Top floor, where the owners live. Two-bed apartment, kitchen, two bathrooms, large living room with dining area and floor-to-ceiling windows onto the terrace, providing plenty of light and a wonderful view. In addition to the property there is a separate building/cortijo which is attractively built and finished in stone and used as storage, garage and workshop. It measures 55 metres square and has electricity, drinking water and its own drainage system. There is a kitchen and an outdoor kitchen with a large wood stove, could easily be converted into a building for alternative use such as rentals. All housed in a large garden with fruit and olive trees. There are two water reservoirs, one of which can easily be converted into a swimming pool if new owners wish. Solar panels and heat exchangers, for an environmentally friendly and cost-effective electricity consumption. In summary, an exceptional property that is difficult to describe in words. It simply must be seen, sold partly furnished.
Large villa with spectacular views in Alpujarra Natural Park, Granada Traditional stone Cortijo divided into two floors with three apartments, can easily be converted into a large family residence if desired. Located in the Alpujarras Natural Park in Granada, with a short walk to nearby villages and surrounded by space, beauty, tranquility and spectacular views. The property is currently run as a successful rural tourism business (licensed by the Granada Tourist Board) and provides sufficient income for the couple living there. Whoever buys the property will have income from the business from day one, the property is sold with the company's goodwill, including websites, email lists etc. The property has been renovated to a high standard, including central heating and underfloor heating powered by an energy efficient heat pump. A new roof was added in 2019 with extra insulation for winter and summer comfort. The property is distributed as follows; Ground floor - Two one-bedroom apartments with double bed, used for rental. Each apartment has a living/dining room, kitchen, bathroom and patio. Top floor, where the owners live. Two-bed apartment, kitchen, two bathrooms, large living room with dining area and floor-to-ceiling windows onto the terrace, providing plenty of light and a wonderful view. In addition to the property there is a separate building/cortijo which is attractively built and finished in stone and used as storage, garage and workshop. It measures 55 metres square and has electricity, drinking water and its own drainage system. There is a kitchen and an outdoor kitchen with a large wood stove, could easily be converted into a building for alternative use such as rentals. All housed in a large garden with fruit and olive trees. There are two water reservoirs, one of which can easily be converted into a swimming pool if new owners wish. Solar panels and heat exchangers, for an environmentally friendly and cost-effective electricity consumption. In summary, an exceptional property that is difficult to describe in words. It simply must be seen, sold partly furnished.
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Currency Exchange
Pórtugos, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Pórtugos, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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