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Cortijo Molino - A country house in the Albox area
Albox, Almeria, Spain
REF: 615099
€109,950
Description
Cortijo Molino - A country house in the Albox area. (For Renovation) A great opportuntiy for anyone looking for a renovation project. The property is situated around 13 minutes drive from the popular town of Albox which offers all amenities including shops, supermarkets, banks, cafes, tapas bars, restaurants, schools, sports facilities and a 24 hour medical centre. The house sits on a plot of land 5326m with an agricultural building of 60m with half for animals and half for garage/storage space. A track leads to a lower plot where there is an old mill with a build of 187m . There has been the start on the renovation of the main part of the house which needs to be completed. The old mill is in the lower part of the house and needs complete renovation. There has previously been electric connected so it can be connected. The agricultural building and the mill could be bought separately if required.
Cortijo Molino - A country house in the Albox area. (For Renovation) A great opportuntiy for anyone looking for a renovation project. The property is situated around 13 minutes drive from the popular town of Albox which offers all amenities including shops, supermarkets, banks, cafes, tapas bars, restaurants, schools, sports facilities and a 24 hour medical centre. The house sits on a plot of land 5326m with an agricultural building of 60m with half for animals and half for garage/storage space. A track leads to a lower plot where there is an old mill with a build of 187m . There has been the start on the renovation of the main part of the house which needs to be completed. The old mill is in the lower part of the house and needs complete renovation. There has previously been electric connected so it can be connected. The agricultural building and the mill could be bought separately if required.
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Currency Exchange
Albox, Almeria, 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 €109,950 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 |
|---|---|---|---|
| €109,950 | £91,073 | £94,497 | £3,424 |
| Property Price € | €109,950 |
| Minimum cost in the last six months | £91,073 |
| Maximum cost in the last six months | £94,497 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,424 |
Albox, Almeria, 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 €109,950 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 |
|---|---|---|---|
| €109,950 | £91,073 | £94,497 | £3,424 |
| Property Price € | €109,950 |
| Minimum cost in the last six months | £91,073 |
| Maximum cost in the last six months | £94,497 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,424 |
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 £3,424 more.
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