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This 3 Bedroom Townhouse with outside space is situated in Montefrio, one of the most famous towns in the Granada province of Andalucia, Spain, for its stunning views
Montefrio, Granada, Spain
REF: 638643
€55,000
Description
This 3 Bedroom Townhouse with outside space is situated in Montefrio, one of the most famous towns in the Granada province of Andalucia, Spain, for its stunning views. Price to sell at just 55,000 euros, it needs the renovations that have been started to be finished to your own specification. The property comes with a garden area on a good size 194m town plot. You enter the property in to a good size lounge off which are 2 further rooms then in to a tiled kitchen space and there is also a ground floor fully tiled bathroom. The unfinished stairs take you to the first floor where is space for 3 double bedrooms and a shower room you also have access out into your private terraced garden space with the bonus of being able to create a large roof terrace. The town water and electricity will need to be re connected but this is reflected in the low asking price of 55,000 euros.
This 3 Bedroom Townhouse with outside space is situated in Montefrio, one of the most famous towns in the Granada province of Andalucia, Spain, for its stunning views. Price to sell at just 55,000 euros, it needs the renovations that have been started to be finished to your own specification. The property comes with a garden area on a good size 194m town plot. You enter the property in to a good size lounge off which are 2 further rooms then in to a tiled kitchen space and there is also a ground floor fully tiled bathroom. The unfinished stairs take you to the first floor where is space for 3 double bedrooms and a shower room you also have access out into your private terraced garden space with the bonus of being able to create a large roof terrace. The town water and electricity will need to be re connected but this is reflected in the low asking price of 55,000 euros.
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Currency Exchange
Montefrio, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
Montefrio, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
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 £1,713 more.
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