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This unique finca is an old water mill that has been restored in 1984 and renovated in 2022
Jalon, Alicante, Spain
REF: 823966
€1,195,000
Description
This unique finca is an old water mill that has been restored in 1984 and renovated in 2022. It has a total build area of 524m2. The property consist of 2 levels.On the ground floor you will find a large open plan kitchen with white goods, 3 bedrooms, 2 bathrooms (one ensuite),a very spacious living room with a fireplace, a dining space and a lounge room. On this level you will also find a 4th bedroom which is currently used as a laundry room, a guest toilet and a storage room.On the first floor, you will find 2 bedrooms, a bathroom, a very large living area with a dining space and a dressing room. There is also a storage room on this level that could be used as a bedroom.On the outside, you will find a large low maintenance garden with olive trees and palm trees, a spacious terrace, a big covered terrace (naya) and a swimming pool complete with its own waterfall. There is ample parking space and a carport. You can enjoy mountain views from the property which is south facing and is fully fenced.The building features a fireplace, 2 pellet stoves, air-conditioning (this is almost not needed because of the very thick walls) and mosquito screens. The villa is South Oriented.The building is older than the municipality of Xaló (Jalon) itself and is really one of a kind. All amenities of Xaló like bars, a supermarket, restaurants, shops and more are only a short 5 minute walk away. The beaches of the Costa Blanca North are just a 20 minute drive away.Feel free to contact us for more information or if you would like to arrange a viewing.
This unique finca is an old water mill that has been restored in 1984 and renovated in 2022. It has a total build area of 524m2. The property consist of 2 levels.On the ground floor you will find a large open plan kitchen with white goods, 3 bedrooms, 2 bathrooms (one ensuite),a very spacious living room with a fireplace, a dining space and a lounge room. On this level you will also find a 4th bedroom which is currently used as a laundry room, a guest toilet and a storage room.On the first floor, you will find 2 bedrooms, a bathroom, a very large living area with a dining space and a dressing room. There is also a storage room on this level that could be used as a bedroom.On the outside, you will find a large low maintenance garden with olive trees and palm trees, a spacious terrace, a big covered terrace (naya) and a swimming pool complete with its own waterfall. There is ample parking space and a carport. You can enjoy mountain views from the property which is south facing and is fully fenced.The building features a fireplace, 2 pellet stoves, air-conditioning (this is almost not needed because of the very thick walls) and mosquito screens. The villa is South Oriented.The building is older than the municipality of Xaló (Jalon) itself and is really one of a kind. All amenities of Xaló like bars, a supermarket, restaurants, shops and more are only a short 5 minute walk away. The beaches of the Costa Blanca North are just a 20 minute drive away.Feel free to contact us for more information or if you would like to arrange a viewing.
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Currency Exchange
Jalon, 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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £989,830 | £1,027,043 | £37,212 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £989,830 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,212 |
Jalon, 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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £989,830 | £1,027,043 | £37,212 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £989,830 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,212 |
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 £37,212 more.
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