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A one off opportunity to own and re create a piece of Spanish history in the heart of the Vinolopo wine region
Jumilla, Murcia, Spain
REF: 562832
€89,995
Description
A one off opportunity to own and re create a piece of Spanish history in the heart of the Vinolopo wine region. This property was once a working bodega, with a build size of 800m2 with so much potential to build a stunning country house or create a business opportunity. this property is semi detached.It is situated in a small village close to the town of Pinoso . There are stunning views of the surrounding valleys and mountains of PinosoThe upstairs has very high beamed and curved ceilings and could easily be transformed to a fantastic living space The possibilities for the ground floor are endless, there are many of the original features still in place such as the olive stone press, 2 original wine pits which could easily be converted into storage and an original oak wine press and metal press. There is also a very large original ancient well with a lovely arch feature, this could be made into a fabulous dining area or a unique music auditorium with acoustics from the arched ceiling or indeed an indoor swimming pool or jacuzzi.This property has the potential to be converted into a superb restaurant or unique bed and breakfast or just restored to its former glory utilising the original features still in the property.This is a rare opportunity and would be the envy of all friends and neighbours when restored. This is a definite must see property which will not be around for long
A one off opportunity to own and re create a piece of Spanish history in the heart of the Vinolopo wine region. This property was once a working bodega, with a build size of 800m2 with so much potential to build a stunning country house or create a business opportunity. this property is semi detached.It is situated in a small village close to the town of Pinoso . There are stunning views of the surrounding valleys and mountains of PinosoThe upstairs has very high beamed and curved ceilings and could easily be transformed to a fantastic living space The possibilities for the ground floor are endless, there are many of the original features still in place such as the olive stone press, 2 original wine pits which could easily be converted into storage and an original oak wine press and metal press. There is also a very large original ancient well with a lovely arch feature, this could be made into a fabulous dining area or a unique music auditorium with acoustics from the arched ceiling or indeed an indoor swimming pool or jacuzzi.This property has the potential to be converted into a superb restaurant or unique bed and breakfast or just restored to its former glory utilising the original features still in the property.This is a rare opportunity and would be the envy of all friends and neighbours when restored. This is a definite must see property which will not be around for long
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Currency Exchange
Jumilla, Murcia, 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 €89,995 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 |
|---|---|---|---|
| €89,995 | £74,865 | £77,451 | £2,586 |
| Property Price € | €89,995 |
| Minimum cost in the last six months | £74,865 |
| Maximum cost in the last six months | £77,451 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,586 |
Jumilla, Murcia, 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 €89,995 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 |
|---|---|---|---|
| €89,995 | £74,865 | £77,451 | £2,586 |
| Property Price € | €89,995 |
| Minimum cost in the last six months | £74,865 |
| Maximum cost in the last six months | £77,451 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,586 |
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 £2,586 more.
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