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This is a very good opportunity to purchase a renovation project in the centre of Albox where you will find all necessary amenities
Albox, Almeria, Spain
REF: 774292
€70,000
Description
This is a very good opportunity to purchase a renovation project in the centre of Albox where you will find all necessary amenities. The currect owners began the project and have all of the plans to finish this property. As you enter the property there is a large room which could be a large living room with a double bedroom and a large bathroom to the left. To the right would be a large kitchen / diner overlooking the large terrace. From the living room you can access the large terrace from where you could install some stairs to the first floor where you could have two further bedrooms. In the town of Albox you will find all necessary amenities like supermarkets, banks, schools, shops, bar / restaurants, etc.
This is a very good opportunity to purchase a renovation project in the centre of Albox where you will find all necessary amenities. The currect owners began the project and have all of the plans to finish this property. As you enter the property there is a large room which could be a large living room with a double bedroom and a large bathroom to the left. To the right would be a large kitchen / diner overlooking the large terrace. From the living room you can access the large terrace from where you could install some stairs to the first floor where you could have two further bedrooms. In the town of Albox you will find all necessary amenities like supermarkets, banks, schools, shops, bar / restaurants, etc.
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Currency Exchange
Albox, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
Albox, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
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 £2,180 more.
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