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Cortijo Rural
Loja, Granada, Spain
REF: 611969
€400,000
Description
Cortijo Rural. 4 Bedrooms, 3 Bathrooms. Olive Trees. Swimming Pool. Magnificent Mountain and Countryside Views. Home and Income Fantastic Business Opportunity. For those in search of a rural retreat, this large and authentic Spanish finca is set within an enormous plot close to amenities offering tremendous potential. The ground floor of the property comprises of a spacious lounge / dining room with brick-built fireplace, an independent dining / reception room and a large kitchen with built-in appliances. Both the lounge and kitchen have direct access to the rear terrace and pool area. The first floor accommodation consists of 2 family shower rooms and 4 double bedrooms; one of which enjoys a Juliet balcony boasting magnificent views. A door from the independent dining room opens onto a large conservatory, measuring approx. 100m2, with bi-folding doors and a large marquee. Just outside the kitchen and overlooking the pool area, is a 75m2 covered terrace, perfect for al fresco dining, with an outdoor bar, BBQ and a family shower room to service the pool. A terrace measuring approx. 320m2 features an 8m x 4m swimming pool and a 45m2 covered dining area boasting magnificent views over the surrounding mountains and countryside. The property also benefits from a 200m2 lower storeroom incorporating the pump house for the pool. The Plot - 120,000m2 (12 hectares) Access to the land is via a short, good quality track from the main road. Undulating slightly, but with many flat areas, approx. 36,000m2 has been planted with olive trees; currently in production. A level area of 18,000m2 lies directly around the property. Overview. An ideal property with numerous possibilities for those searching for a business opportunity, e.g. equestrian centre, yoga retreat, wellness centre. off-road mountain biking / motorcycling etc. Prior to the Covid pandemic, the current owner received permission for 10 holiday bungalows; however this licence would need to be reapplied for. Note: the main property is connected to a small ruin that cannot be rebuilt. An authentic Spanish finca nestled within stunning countryside located close to the towns of Riofrio and Loja. Currently used as a wedding / celebration venue. The property also has the required tourism licence in place for rentals. Granada airport is approximately 30 minutes drive and 1 hour to Malaga airport.
Cortijo Rural. 4 Bedrooms, 3 Bathrooms. Olive Trees. Swimming Pool. Magnificent Mountain and Countryside Views. Home and Income Fantastic Business Opportunity. For those in search of a rural retreat, this large and authentic Spanish finca is set within an enormous plot close to amenities offering tremendous potential. The ground floor of the property comprises of a spacious lounge / dining room with brick-built fireplace, an independent dining / reception room and a large kitchen with built-in appliances. Both the lounge and kitchen have direct access to the rear terrace and pool area. The first floor accommodation consists of 2 family shower rooms and 4 double bedrooms; one of which enjoys a Juliet balcony boasting magnificent views. A door from the independent dining room opens onto a large conservatory, measuring approx. 100m2, with bi-folding doors and a large marquee. Just outside the kitchen and overlooking the pool area, is a 75m2 covered terrace, perfect for al fresco dining, with an outdoor bar, BBQ and a family shower room to service the pool. A terrace measuring approx. 320m2 features an 8m x 4m swimming pool and a 45m2 covered dining area boasting magnificent views over the surrounding mountains and countryside. The property also benefits from a 200m2 lower storeroom incorporating the pump house for the pool. The Plot - 120,000m2 (12 hectares) Access to the land is via a short, good quality track from the main road. Undulating slightly, but with many flat areas, approx. 36,000m2 has been planted with olive trees; currently in production. A level area of 18,000m2 lies directly around the property. Overview. An ideal property with numerous possibilities for those searching for a business opportunity, e.g. equestrian centre, yoga retreat, wellness centre. off-road mountain biking / motorcycling etc. Prior to the Covid pandemic, the current owner received permission for 10 holiday bungalows; however this licence would need to be reapplied for. Note: the main property is connected to a small ruin that cannot be rebuilt. An authentic Spanish finca nestled within stunning countryside located close to the towns of Riofrio and Loja. Currently used as a wedding / celebration venue. The property also has the required tourism licence in place for rentals. Granada airport is approximately 30 minutes drive and 1 hour to Malaga airport.
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Currency Exchange
Loja, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
Loja, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £343,780 | £14,220 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,220 |
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 £14,220 more.
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