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Cute Cave House To RenovateLas Encebras is increasingly the most sought after area near to Pinoso
Encebras, Alicante, Spain
REF: 790492
€65,995
Description
Cute Cave House To RenovateLas Encebras is increasingly the most sought after area near to Pinoso. The small hamlet is at an elevation of 705m giving this cave house renovation opportunity spectacular views from the outdoor area and front of the house. Las Encebras is surrounded by nature, offers wonderful countryside to explore amongst the mountains and almond, olive and vines, and has a small church, a bar/restaurant and a friendly community of spanish and many other nationalities for such a small community. The property of 135m2 build and 801m2 plot size. is reached by a sweeping driveway leading to a lovely outdoor area planted with pretty pine trees and spectacular views across the countryside and valley below to the town of Pinoso. There is a terrace to the front which could easily be built into an extension to provide a living room to enjoy the sunsets from. It currently has a shower room with wc and basin to the left and a store area to the right. Upon entering the property the extra wide door leads to a hallway with a double bedroom to either side, each one featuring a window for natural daylight.Further down the hallway is the living area with a large fireplace and two cave rooms, one used as a pantry and the other as a storage space. Mains water, mains sewerage and electric all connected. This lovely cave house is a fantastic renovation opportunity and priced to sell.
Cute Cave House To RenovateLas Encebras is increasingly the most sought after area near to Pinoso. The small hamlet is at an elevation of 705m giving this cave house renovation opportunity spectacular views from the outdoor area and front of the house. Las Encebras is surrounded by nature, offers wonderful countryside to explore amongst the mountains and almond, olive and vines, and has a small church, a bar/restaurant and a friendly community of spanish and many other nationalities for such a small community. The property of 135m2 build and 801m2 plot size. is reached by a sweeping driveway leading to a lovely outdoor area planted with pretty pine trees and spectacular views across the countryside and valley below to the town of Pinoso. There is a terrace to the front which could easily be built into an extension to provide a living room to enjoy the sunsets from. It currently has a shower room with wc and basin to the left and a store area to the right. Upon entering the property the extra wide door leads to a hallway with a double bedroom to either side, each one featuring a window for natural daylight.Further down the hallway is the living area with a large fireplace and two cave rooms, one used as a pantry and the other as a storage space. Mains water, mains sewerage and electric all connected. This lovely cave house is a fantastic renovation opportunity and priced to sell.
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Currency Exchange
Encebras, Alicante, 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 €65,995 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 |
|---|---|---|---|
| €65,995 | £54,664 | £56,719 | £2,055 |
| Property Price € | €65,995 |
| Minimum cost in the last six months | £54,664 |
| Maximum cost in the last six months | £56,719 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,055 |
Encebras, Alicante, 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 €65,995 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 |
|---|---|---|---|
| €65,995 | £54,664 | £56,719 | £2,055 |
| Property Price € | €65,995 |
| Minimum cost in the last six months | £54,664 |
| Maximum cost in the last six months | £56,719 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,055 |
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 £2,055 more.
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