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Exclusively presented by Almeria Homes is this competitively priced detached farmhouse set in a stunning setting with mountain views and situated a 13 minute drive (6
Oria, Almeria, Spain
REF: 531824
€70,000
Description
Exclusively presented by Almeria Homes is this competitively priced detached farmhouse set in a stunning setting with mountain views and situated a 13 minute drive (6.1km) from Oria & 25 minute drive (16.8km) from Albox. The farmhouse was originally 2 individual properties which have now been linked together providing a large family home which would also be suitable as a B&B / guest house. The property needs to be renovated although part of the house could be lived in after doing a bit of maintenance. The first part of the property has a kitchen area, lounge with fireplace, one room set in caves, a bedroom, shower room and stairs to a spacious double bedroom. There is an attached workshop and large patio area to the front of the property. Interconnected, and with separate access, there is a second property which needs some work with a shaded patio, kitchen, lounge/dining room, bathroom and one further room, with access to the external patio. On the 1st floor there are a further 2 bedrooms and lounge or bedroom area with a roof terrace providing aspiring views. The property has good access and all services are connected.
Exclusively presented by Almeria Homes is this competitively priced detached farmhouse set in a stunning setting with mountain views and situated a 13 minute drive (6.1km) from Oria & 25 minute drive (16.8km) from Albox. The farmhouse was originally 2 individual properties which have now been linked together providing a large family home which would also be suitable as a B&B / guest house. The property needs to be renovated although part of the house could be lived in after doing a bit of maintenance. The first part of the property has a kitchen area, lounge with fireplace, one room set in caves, a bedroom, shower room and stairs to a spacious double bedroom. There is an attached workshop and large patio area to the front of the property. Interconnected, and with separate access, there is a second property which needs some work with a shaded patio, kitchen, lounge/dining room, bathroom and one further room, with access to the external patio. On the 1st floor there are a further 2 bedrooms and lounge or bedroom area with a roof terrace providing aspiring views. The property has good access and all services are connected.
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Currency Exchange
Oria, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £58,232 | £60,243 | £2,012 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £58,232 |
| Maximum cost in the last six months | £60,243 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,012 |
Oria, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £58,232 | £60,243 | £2,012 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £58,232 |
| Maximum cost in the last six months | £60,243 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,012 |
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 £2,012 more.
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