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This traditional spanish house is located in a small quiet hamlet in Encebras which is around 5 minutes drive from the town of Pinoso
Pinoso, Alicante, Spain
REF: 551033
€59,000
Description
This traditional spanish house is located in a small quiet hamlet in Encebras which is around 5 minutes drive from the town of Pinoso. Pinoso is where you will find all of your amenities including bars, restaurants, shops, supermarkets, etc. The house has 5 bedrooms, 1 bathroom, 1 kitchen, 1 dining/living room, a courtyard with storage rooms and a large garage to the rear of the property. The house was built in the later part of the 1800s and still maintains its traditional features with wooden beams along the ceilings, stone and tiled floors and a big fireplace where they would cook most of there food on an open fire. One of the bedrooms is downstairs and the other 4 are upstairs. One of the upstairs bedrooms has a big room next to it which is used for storage but could be converted into more living space. The property benefits from mains water and electric, TV, fibre internet of up to 1000mb and great location near Pinoso in the countryside.
This traditional spanish house is located in a small quiet hamlet in Encebras which is around 5 minutes drive from the town of Pinoso. Pinoso is where you will find all of your amenities including bars, restaurants, shops, supermarkets, etc. The house has 5 bedrooms, 1 bathroom, 1 kitchen, 1 dining/living room, a courtyard with storage rooms and a large garage to the rear of the property. The house was built in the later part of the 1800s and still maintains its traditional features with wooden beams along the ceilings, stone and tiled floors and a big fireplace where they would cook most of there food on an open fire. One of the bedrooms is downstairs and the other 4 are upstairs. One of the upstairs bedrooms has a big room next to it which is used for storage but could be converted into more living space. The property benefits from mains water and electric, TV, fibre internet of up to 1000mb and great location near Pinoso in the countryside.
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Currency Exchange
Pinoso, Alicante, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £48,870 | £50,708 | £1,837 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £48,870 |
| Maximum cost in the last six months | £50,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,837 |
Pinoso, Alicante, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £48,870 | £50,708 | £1,837 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £48,870 |
| Maximum cost in the last six months | £50,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,837 |
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 £1,837 more.
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