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This 5 bedroom, 2 bathroom townhouse is situated in Molvizar a traditional Andalucian village with around 3,000 residents and whitewashed houses, in the province of Granada in Andalucia, Spain
Molvízar, Granada, Spain
REF: 756224
€80,000
Description
This 5 bedroom, 2 bathroom townhouse is situated in Molvizar a traditional Andalucian village with around 3,000 residents and whitewashed houses, in the province of Granada in Andalucia, Spain. Surrounded by mountains, yet Molvizar is only a short drive from the coast. Located on a sought after street you enter the property into a lounge / diner off which is a fitted kitchen and there is a ground floor toilet next to the stairs that take you to the first floor landing from where you have a bedroom with an ensuite shower room both to the left and to the right of the stairs. The staircase continues to the second level landing off which is a double bedroom, a single bedroom and a fully tiled bathroom. From this level the staircase continues to the third level and to a twin 5th bedroom on the left and to the right a small utility area then you have access out onto a good size roof terrace. The property has been vacant for a while and is in need of renovation.
This 5 bedroom, 2 bathroom townhouse is situated in Molvizar a traditional Andalucian village with around 3,000 residents and whitewashed houses, in the province of Granada in Andalucia, Spain. Surrounded by mountains, yet Molvizar is only a short drive from the coast. Located on a sought after street you enter the property into a lounge / diner off which is a fitted kitchen and there is a ground floor toilet next to the stairs that take you to the first floor landing from where you have a bedroom with an ensuite shower room both to the left and to the right of the stairs. The staircase continues to the second level landing off which is a double bedroom, a single bedroom and a fully tiled bathroom. From this level the staircase continues to the third level and to a twin 5th bedroom on the left and to the right a small utility area then you have access out onto a good size roof terrace. The property has been vacant for a while and is in need of renovation.
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Currency Exchange
Molvízar, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
Molvízar, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £66,265 | £68,756 | £2,491 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £66,265 |
| Maximum cost in the last six months | £68,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,491 |
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 £2,491 more.
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