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** Price Reduction ** Detached Country House
Dúrcal, Granada, Spain
REF: 598176
€178,900
Description
** Price Reduction ** Detached Country House. Guest Apartment. 200 Olive Trees. Renovation Project. Essential Properties are pleased to present a detached country property, plus 2 independent guest apartments; one of which requires renovation. Main Property. Previously a bar / restaurant and in need of renovation, The property features a spacious conservatory / dining area with large windows overlooking spectacular countryside, a large bar / kitchen area, a smaller bar area, a food preparation room, a WC with shower unit plus an additional room with access to the expansive cellar spanning the size of the basement. The first floor consists of 3 double bedrooms and a family shower room. The property also features a 20m2 garage and a 16m2 woodshed. To the rear of the main property is a self-contained guest apartment with independent access featuring an open-plan lounge / dining room / kitchen, a double bedroom and a family bathroom. The property is currently let and benefits from it s own driveway and a 5,000 litre water deposit. A second building measuring approx. 40m2 requires renovation but has the potential to create an additional independent guest apartment comprising of an open-plan lounge / kitchen with access to a terrace, 2 bedrooms and a bathroom. The fully fenced plot measures 6,716m2 and features an enclosed pool area with a 7m x 4m swimming pool, a variety of fruit trees plus 200 olive trees in production. Note: The property has been empty for a long time and therefore requires work and investment to create a fantastic family home generating a substantial rental income. An ideal property for builders / developers or investors. Located only 3kms from the centre of Dúrcal offering shops, bars and restaurants. Granada city centre, the Alhambra Palace and Granada airport are only a 20 minute drive. Durcal is a 25 minute drive from the coast of Costa Tropical, 40 minutes to the ski slopes of Sierra Nevada and 90 minutes to Malaga airport.
** Price Reduction ** Detached Country House. Guest Apartment. 200 Olive Trees. Renovation Project. Essential Properties are pleased to present a detached country property, plus 2 independent guest apartments; one of which requires renovation. Main Property. Previously a bar / restaurant and in need of renovation, The property features a spacious conservatory / dining area with large windows overlooking spectacular countryside, a large bar / kitchen area, a smaller bar area, a food preparation room, a WC with shower unit plus an additional room with access to the expansive cellar spanning the size of the basement. The first floor consists of 3 double bedrooms and a family shower room. The property also features a 20m2 garage and a 16m2 woodshed. To the rear of the main property is a self-contained guest apartment with independent access featuring an open-plan lounge / dining room / kitchen, a double bedroom and a family bathroom. The property is currently let and benefits from it s own driveway and a 5,000 litre water deposit. A second building measuring approx. 40m2 requires renovation but has the potential to create an additional independent guest apartment comprising of an open-plan lounge / kitchen with access to a terrace, 2 bedrooms and a bathroom. The fully fenced plot measures 6,716m2 and features an enclosed pool area with a 7m x 4m swimming pool, a variety of fruit trees plus 200 olive trees in production. Note: The property has been empty for a long time and therefore requires work and investment to create a fantastic family home generating a substantial rental income. An ideal property for builders / developers or investors. Located only 3kms from the centre of Dúrcal offering shops, bars and restaurants. Granada city centre, the Alhambra Palace and Granada airport are only a 20 minute drive. Durcal is a 25 minute drive from the coast of Costa Tropical, 40 minutes to the ski slopes of Sierra Nevada and 90 minutes to Malaga airport.
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Currency Exchange
Dúrcal, 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 €178,900 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 |
|---|---|---|---|
| €178,900 | £148,185 | £153,756 | £5,571 |
| Property Price € | €178,900 |
| Minimum cost in the last six months | £148,185 |
| Maximum cost in the last six months | £153,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,571 |
Dúrcal, 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 €178,900 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 |
|---|---|---|---|
| €178,900 | £148,185 | £153,756 | £5,571 |
| Property Price € | €178,900 |
| Minimum cost in the last six months | £148,185 |
| Maximum cost in the last six months | £153,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,571 |
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 £5,571 more.
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