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This house is located in the center of the traditional Spanish town in the province of Almería, Albanchez
Albanchez, Almeria, Spain
REF: 727378
€55,000
Description
This house is located in the center of the traditional Spanish town in the province of Almería, Albanchez. It offers everything for daily life such as: banks, bakery, supermarket, a shop, bars/restaurants, a hotel and a 24 hour medical center and just a couple of minutes walk from the communal pool.
The property is located on a corner of the town square. The property needs to be completely renovated, but the structure is good. Through the front door there is a hallway, from here is access to a large living room with a small storage room. On the ground floor there are 2 bedrooms, a bathroom, kitchen with fireplace and an animal room that can be converted into more rooms. From the living room there is a marble staircase that leads to the second floor.
On the second floor there are 5 bedrooms, a kitchen with fireplace, bathroom and another living room. Another staircase leads to the 3rd floor, which needs to be completely renovated. There is plenty of space to convert this floor into more living space: bedrooms, bathroom, kitchen and a living room. From this floor there is access to a small terrace with beautiful views of the valley.
Although this property needs to be renovated, the structure is good and there are many possibilities to make a huge house for the family! Or it can even be converted into a B&B.
If you need more information or would like to visit this beautiful Spanish town house, do not hesitate to contact us.
This house is located in the center of the traditional Spanish town in the province of Almería, Albanchez. It offers everything for daily life such as: banks, bakery, supermarket, a shop, bars/restaurants, a hotel and a 24 hour medical center and just a couple of minutes walk from the communal pool.
The property is located on a corner of the town square. The property needs to be completely renovated, but the structure is good. Through the front door there is a hallway, from here is access to a large living room with a small storage room. On the ground floor there are 2 bedrooms, a bathroom, kitchen with fireplace and an animal room that can be converted into more rooms. From the living room there is a marble staircase that leads to the second floor.
On the second floor there are 5 bedrooms, a kitchen with fireplace, bathroom and another living room. Another staircase leads to the 3rd floor, which needs to be completely renovated. There is plenty of space to convert this floor into more living space: bedrooms, bathroom, kitchen and a living room. From this floor there is access to a small terrace with beautiful views of the valley.
Although this property needs to be renovated, the structure is good and there are many possibilities to make a huge house for the family! Or it can even be converted into a B&B.
If you need more information or would like to visit this beautiful Spanish town house, do not hesitate to contact us.
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Currency Exchange
Albanchez, 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 €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 | £45,741 | £47,334 | £1,593 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,741 |
| Maximum cost in the last six months | £47,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,593 |
Albanchez, 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 €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 | £45,741 | £47,334 | £1,593 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,741 |
| Maximum cost in the last six months | £47,334 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,593 |
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 £1,593 more.
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