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This cave house is located just outside the quiet village of Raspay which is around 10 minutes drive from the beautiful town of Pinoso where you will find all of your amenities
Raspay, Murcia, Spain
REF: 656901
€75,000
Description
This cave house is located just outside the quiet village of Raspay which is around 10 minutes drive from the beautiful town of Pinoso where you will find all of your amenities. The cave has 3 bedrooms, a large area in the middle for a living room / dining room and a large fireplace which was used as a kitchen many years ago. The cave is in need of a lot of work inside and out but there is potential to create a lovely home. The property has 9,404 m2 of land which is planted with olives and a few almond trees.
This cave house is located just outside the quiet village of Raspay which is around 10 minutes drive from the beautiful town of Pinoso where you will find all of your amenities. The cave has 3 bedrooms, a large area in the middle for a living room / dining room and a large fireplace which was used as a kitchen many years ago. The cave is in need of a lot of work inside and out but there is potential to create a lovely home. The property has 9,404 m2 of land which is planted with olives and a few almond trees.
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Currency Exchange
Raspay, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
Raspay, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
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 £2,336 more.
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