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This spacious 290m2 build 5 bedroom 2 bathroom Townhouse with a garage, patio and garden is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain
Castillo de Locubin, Jaen, Spain
REF: 721268
€59,000
Description
This spacious 290m2 build 5 bedroom 2 bathroom Townhouse with a garage, patio and garden is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Priced to sell at 59,000 euros the property is in need of modernization and some renovation throughout. With on-road parking right outside, as well as your private garage, you enter the property into a bright hallway with a lounge on the left, ahead is a reception area with seating and the staircase then another sitting room that could be a formal dining room which leads into the fitted kitchen which has a good size pantry and a wood burner. From the sitting room you have access into the rear of the private garage and to the patio space with utility area, storage room and a ground floor shower room. There are also steps that lead up to a garden space with mature planting and then continues on to 2 large storage rooms. Back in the reception area a staircase takes you to the first floor landing from where you have 2 bedrooms and a spacious family bathroom on the left, a middle bedroom with a sitting room attached and a further double bedroom with a Juliet balcony to the right. The staircase continues to the second floor where you have large attic spaces that would easily convert into more living, bedroom, bathrooms or entertainment areas. On the market for under 60,000 euros this is a lot of property for the price and an ideal DIY project with the advantage of being able to reside in the townhouse whilst carrying out improvements.
This spacious 290m2 build 5 bedroom 2 bathroom Townhouse with a garage, patio and garden is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. Priced to sell at 59,000 euros the property is in need of modernization and some renovation throughout. With on-road parking right outside, as well as your private garage, you enter the property into a bright hallway with a lounge on the left, ahead is a reception area with seating and the staircase then another sitting room that could be a formal dining room which leads into the fitted kitchen which has a good size pantry and a wood burner. From the sitting room you have access into the rear of the private garage and to the patio space with utility area, storage room and a ground floor shower room. There are also steps that lead up to a garden space with mature planting and then continues on to 2 large storage rooms. Back in the reception area a staircase takes you to the first floor landing from where you have 2 bedrooms and a spacious family bathroom on the left, a middle bedroom with a sitting room attached and a further double bedroom with a Juliet balcony to the right. The staircase continues to the second floor where you have large attic spaces that would easily convert into more living, bedroom, bathrooms or entertainment areas. On the market for under 60,000 euros this is a lot of property for the price and an ideal DIY project with the advantage of being able to reside in the townhouse whilst carrying out improvements.
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Currency Exchange
Castillo de Locubin, Jaen, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £48,870 | £50,708 | £1,837 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £48,870 |
| Maximum cost in the last six months | £50,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,837 |
Castillo de Locubin, Jaen, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £48,870 | £50,708 | £1,837 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £48,870 |
| Maximum cost in the last six months | £50,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,837 |
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 £1,837 more.
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