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Located in the tranquil community of Media Panilla situated between Monte Lope- lvarez and Martos in the Jaen province of Andalucia, Spain this property is the centre of the social group
Media Panilla, Jaen, Spain
REF: 790517
€150,000
Description
Located in the tranquil community of Media Panilla situated between Monte Lope- lvarez and Martos in the Jaen province of Andalucia, Spain this property is the centre of the social group. To the left of the property is a generous sized, tiled garage, for at least six cars, next to the garage is a small vegetable patch with a well. As soon as you enter the property you are greeted with a sitting area and large dining room which leads straight to a beautiful private pool area. Natural light enters from both the front and rear of the property. To the left, at the end of the room, there is a staircase that will guide you to the first good-sized room. Next to it is a slightly larger bedroom with a smaller room / office area attached. At the end of the hallway, there is another staircase that leads to the split-level terrace, which could easily be separated if wanted. From the two terraces are lovely 360 views. Heading back down to the main dining room, to the right-hand side of the room is the entrance to the traditional kitchen with a large fireplace. It has access to the walk in pantry, a bathroom and a small outside patio area that is currently being used as a laundry room. This kitchen is shared by both houses. From the front door of the second house, on the right, it opens onto a big lounge with a bedroom off it and another staircase leading up to 3 generous size rooms and more steps to access the terrace. Once you reach the roof terrace, there are parts, both at the front of the houses and at the back that connect by a small step bridge way. This roof terrace has stunning views from all angles. Inside the roof, there is a storage area that can be easily accessed. This is a lovely property, in a peaceful country setting, ideal for a B&B or to rent one house out and live in the other
Located in the tranquil community of Media Panilla situated between Monte Lope- lvarez and Martos in the Jaen province of Andalucia, Spain this property is the centre of the social group. To the left of the property is a generous sized, tiled garage, for at least six cars, next to the garage is a small vegetable patch with a well. As soon as you enter the property you are greeted with a sitting area and large dining room which leads straight to a beautiful private pool area. Natural light enters from both the front and rear of the property. To the left, at the end of the room, there is a staircase that will guide you to the first good-sized room. Next to it is a slightly larger bedroom with a smaller room / office area attached. At the end of the hallway, there is another staircase that leads to the split-level terrace, which could easily be separated if wanted. From the two terraces are lovely 360 views. Heading back down to the main dining room, to the right-hand side of the room is the entrance to the traditional kitchen with a large fireplace. It has access to the walk in pantry, a bathroom and a small outside patio area that is currently being used as a laundry room. This kitchen is shared by both houses. From the front door of the second house, on the right, it opens onto a big lounge with a bedroom off it and another staircase leading up to 3 generous size rooms and more steps to access the terrace. Once you reach the roof terrace, there are parts, both at the front of the houses and at the back that connect by a small step bridge way. This roof terrace has stunning views from all angles. Inside the roof, there is a storage area that can be easily accessed. This is a lovely property, in a peaceful country setting, ideal for a B&B or to rent one house out and live in the other
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Currency Exchange
Media Panilla, Jaen, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
Media Panilla, Jaen, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
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 £5,333 more.
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