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Casa Frank A character 321sqm 3 storey townhouse in Albanchez comprising of 8 bedrooms in good basic condition and requires modernising
Albanchez, Almeria, Spain
REF: 841979
€149,000
Description
Casa Frank A character 321sqm 3 storey townhouse in Albanchez comprising of 8 bedrooms in good basic condition and requires modernising. The property is located in the centre of the village just off the main square. There are 30 rooms in total and could be a wonderful family home or converted into a rural hotel/B&B. Albanchez is a small Spanish village with a bakery, butcher, medical centre, community pool, school, bars, cafes, restaurants and is only 10 minutes from the larger market town of Albox with a 24hr emergency medical centre, banks, dentists, opticians, supermarkets, English supermarkets, bars, cafes, restaurants, etc. The coastal resorts of Mojacar Playa, Vera Playa and Garrucha are a 40 minute drive. On the ground floor is an entrance hall, dining room with open fireplace, lounge, 1 x bedroom, 1 x toilet, a traditional kitchen, rear patio and one very large room. On the first floor there are 4 bedrooms and a bathroom. On the top floor there are 3 bedrooms and one very large room. The fabulous feature staircase glides up throughout the building.
Casa Frank A character 321sqm 3 storey townhouse in Albanchez comprising of 8 bedrooms in good basic condition and requires modernising. The property is located in the centre of the village just off the main square. There are 30 rooms in total and could be a wonderful family home or converted into a rural hotel/B&B. Albanchez is a small Spanish village with a bakery, butcher, medical centre, community pool, school, bars, cafes, restaurants and is only 10 minutes from the larger market town of Albox with a 24hr emergency medical centre, banks, dentists, opticians, supermarkets, English supermarkets, bars, cafes, restaurants, etc. The coastal resorts of Mojacar Playa, Vera Playa and Garrucha are a 40 minute drive. On the ground floor is an entrance hall, dining room with open fireplace, lounge, 1 x bedroom, 1 x toilet, a traditional kitchen, rear patio and one very large room. On the first floor there are 4 bedrooms and a bathroom. On the top floor there are 3 bedrooms and one very large room. The fabulous feature staircase glides up throughout the building.
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Currency Exchange
Albanchez, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,950 | £128,232 | £4,282 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,950 |
| Maximum cost in the last six months | £128,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,282 |
Albanchez, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,950 | £128,232 | £4,282 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,950 |
| Maximum cost in the last six months | £128,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,282 |
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 £4,282 more.
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