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Large Village House ideal for investments
Zafarraya, Granada, Spain
REF: 721312
€128,000
Description
Large Village House ideal for investments. Spanish villagehouse. 3 Bedrooms. 2 Bathrooms. Central Heating. Scope to create independent guest accommodation. Walking distance to amenities. Essential Properties are pleased to present this large village house for sale, offering excellent investment potential and located within the center of the village. The accommodation is distributed over 3 floors and measures an impressive 216m2. Lower Ground floor: A 72m2 under build currently housing the oil tank for the central heating and offering a sizeable to create additional accommodation. This level also enjoys a 28m2 Courtyard with gated entrance. First floor: (Entered from street level or from courtyard below) 72m2 The accommodation features a large entrance hallway with understairs storage and stairs leading to the upper floor, large lounge/dining room with fire place, plus double-glazed windows enjoying views over the surrounding countryside, a galley style kitchen/breakfast room with doors leading out to the courtyard and a fitted bathroom with a shower Second Floor: Featuring 3 double bedrooms with access to balconies plus a family bathroom enjoying a jacuzzi corner bath. The whitewashed village of Zafarraya lies 893m above sea level and offers shops, bars and restaurants. The beach at Torre del Mar is a 45 minute drive and approximately 1 hour 10 minutes to Malaga airport. Overview The property has not been lived in for 14 years therefore minor updating is required. Opportunity to create extra accommodation/guest apartment with own entrance on lower level. Good Investment opportunity.
Large Village House ideal for investments. Spanish villagehouse. 3 Bedrooms. 2 Bathrooms. Central Heating. Scope to create independent guest accommodation. Walking distance to amenities. Essential Properties are pleased to present this large village house for sale, offering excellent investment potential and located within the center of the village. The accommodation is distributed over 3 floors and measures an impressive 216m2. Lower Ground floor: A 72m2 under build currently housing the oil tank for the central heating and offering a sizeable to create additional accommodation. This level also enjoys a 28m2 Courtyard with gated entrance. First floor: (Entered from street level or from courtyard below) 72m2 The accommodation features a large entrance hallway with understairs storage and stairs leading to the upper floor, large lounge/dining room with fire place, plus double-glazed windows enjoying views over the surrounding countryside, a galley style kitchen/breakfast room with doors leading out to the courtyard and a fitted bathroom with a shower Second Floor: Featuring 3 double bedrooms with access to balconies plus a family bathroom enjoying a jacuzzi corner bath. The whitewashed village of Zafarraya lies 893m above sea level and offers shops, bars and restaurants. The beach at Torre del Mar is a 45 minute drive and approximately 1 hour 10 minutes to Malaga airport. Overview The property has not been lived in for 14 years therefore minor updating is required. Opportunity to create extra accommodation/guest apartment with own entrance on lower level. Good Investment opportunity.
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Currency Exchange
Zafarraya, 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 €128,000 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 |
|---|---|---|---|
| €128,000 | £106,481 | £110,159 | £3,679 |
| Property Price € | €128,000 |
| Minimum cost in the last six months | £106,481 |
| Maximum cost in the last six months | £110,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,679 |
Zafarraya, 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 €128,000 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 |
|---|---|---|---|
| €128,000 | £106,481 | £110,159 | £3,679 |
| Property Price € | €128,000 |
| Minimum cost in the last six months | £106,481 |
| Maximum cost in the last six months | £110,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,679 |
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 £3,679 more.
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