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This 491m2 build 6 bedroom Property with a generous town plot size of 318m2 is situated in the middle of Alcaudete, in the Jaen province of Andalucia, Spain and has the potential to be a magnificent home with its original exposed beamed ceilings, beautiful authentic Hydraulic tiled floors and ornate
Alcaudete, Jaen, Spain
REF: 540891
€89,000
Description
This 491m2 build 6 bedroom Property with a generous town plot size of 318m2 is situated in the middle of Alcaudete, in the Jaen province of Andalucia, Spain and has the potential to be a magnificent home with its original exposed beamed ceilings, beautiful authentic Hydraulic tiled floors and ornate staircase. Tucked away in a quiet street close to the main plaza, once the wealthier part of town. It is in need of some tidying up and modernising but mainly cosmetic work. The marble facade with the two sets of wooden doors provide access to the property. The doors on the left lead to a ground floor bedroom at present, this has been temporarily blocked off, there was an entrance from its hallway to the large lounge at the back of the house which accesses the rear garden. The main entrance opens into a vestibule and from there the rest of the ground floor where there are four rooms, one a large space, a long workshop, the large lounge, a bedroom or study and a further room, there is also access to the outside. On the first floor there is a kitchen, dining room, a bathroom and a large unfinished room. To the left is a dining room or lounge with a bedroom adjacent to it. On the second floor there are three connected bedrooms a store room and another smaller room ideal for a study which opens out on to the terrace and overlooks the garden. Accessed by the terrace is another large unfinished room. At the back of the walled garden there is a decorative outhouse. This would make a very nice shady area and private patio - garden. A lovely, grand house waiting to have life breathed back into it. The water and electricity will need reconnecting
This 491m2 build 6 bedroom Property with a generous town plot size of 318m2 is situated in the middle of Alcaudete, in the Jaen province of Andalucia, Spain and has the potential to be a magnificent home with its original exposed beamed ceilings, beautiful authentic Hydraulic tiled floors and ornate staircase. Tucked away in a quiet street close to the main plaza, once the wealthier part of town. It is in need of some tidying up and modernising but mainly cosmetic work. The marble facade with the two sets of wooden doors provide access to the property. The doors on the left lead to a ground floor bedroom at present, this has been temporarily blocked off, there was an entrance from its hallway to the large lounge at the back of the house which accesses the rear garden. The main entrance opens into a vestibule and from there the rest of the ground floor where there are four rooms, one a large space, a long workshop, the large lounge, a bedroom or study and a further room, there is also access to the outside. On the first floor there is a kitchen, dining room, a bathroom and a large unfinished room. To the left is a dining room or lounge with a bedroom adjacent to it. On the second floor there are three connected bedrooms a store room and another smaller room ideal for a study which opens out on to the terrace and overlooks the garden. Accessed by the terrace is another large unfinished room. At the back of the walled garden there is a decorative outhouse. This would make a very nice shady area and private patio - garden. A lovely, grand house waiting to have life breathed back into it. The water and electricity will need reconnecting
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Currency Exchange
Alcaudete, Jaen, 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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,491 | £2,771 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,771 |
Alcaudete, Jaen, 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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,491 | £2,771 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,491 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,771 |
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 £2,771 more.
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