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Nestled on the outskirts of Albox in Almeria, this spacious traditional Spanish house offers immense potential with its four bedrooms, a warehouse, garage, and various outbuildings
Albox, Almeria, Spain
REF: 844663
€69,500
Description
Nestled on the outskirts of Albox in Almeria, this spacious traditional Spanish house offers immense potential with its four bedrooms, a warehouse, garage, and various outbuildings. As you arrive at the property, you'll find a front terrace and ample parking space. The front door opens into a generously sized lounge, flanked by two double bedrooms on either side. Straight ahead, doors lead to a kitchen featuring a charming fireplace. From the kitchen, you can access a good-sized bathroom which opens into a hallway/storage room, ideal for laundry or a utility area. Back in the kitchen, a partition wall separates the kitchen from a spacious pantry and the staircase to the second floor. This wall could easily be removed to create a large open-plan kitchen and dining room. The upstairs area, though needing completion, offers space for two additional bedrooms and an extra bathroom if desired. Behind the main house are several outbuildings. Initially, there are two large rooms and a patio that were once part of the main house and could be re-incorporated to add more living space. Beyond this is a spacious warehouse with a bathroom, formerly used for keeping animals, and a sizable garage for parking. Additionally, there is a balsa/water storage which could be converted into a swimming pool. The property is connected to mains electricity and water, with all paperwork in order and up to date. While the house is habitable, it would benefit from modernisation and some renovations. This property is ideal for anyone looking to set up a B&B, as the outbuildings could be converted into various self-contained apartments. Alternatively, it could serve as a lovely family home. The outbuildings at the back could also be removed to create a large garden area. This expansive property offers many possibilities. Located in the hamlet, the house is just a few minutes' drive from the large market town of Albox, where you'll find a variety of supermarkets, restaurants, bars, shops, pharmacies, schools, and a 24-hour medical centre. Albox also hosts a large weekly market every Tuesday and a smaller one every Saturday. The town of Huercal Overa, with its main hospital, is just 25 minutes away, and the nearest beaches are only a 40-minute drive.
Nestled on the outskirts of Albox in Almeria, this spacious traditional Spanish house offers immense potential with its four bedrooms, a warehouse, garage, and various outbuildings. As you arrive at the property, you'll find a front terrace and ample parking space. The front door opens into a generously sized lounge, flanked by two double bedrooms on either side. Straight ahead, doors lead to a kitchen featuring a charming fireplace. From the kitchen, you can access a good-sized bathroom which opens into a hallway/storage room, ideal for laundry or a utility area. Back in the kitchen, a partition wall separates the kitchen from a spacious pantry and the staircase to the second floor. This wall could easily be removed to create a large open-plan kitchen and dining room. The upstairs area, though needing completion, offers space for two additional bedrooms and an extra bathroom if desired. Behind the main house are several outbuildings. Initially, there are two large rooms and a patio that were once part of the main house and could be re-incorporated to add more living space. Beyond this is a spacious warehouse with a bathroom, formerly used for keeping animals, and a sizable garage for parking. Additionally, there is a balsa/water storage which could be converted into a swimming pool. The property is connected to mains electricity and water, with all paperwork in order and up to date. While the house is habitable, it would benefit from modernisation and some renovations. This property is ideal for anyone looking to set up a B&B, as the outbuildings could be converted into various self-contained apartments. Alternatively, it could serve as a lovely family home. The outbuildings at the back could also be removed to create a large garden area. This expansive property offers many possibilities. Located in the hamlet, the house is just a few minutes' drive from the large market town of Albox, where you'll find a variety of supermarkets, restaurants, bars, shops, pharmacies, schools, and a 24-hour medical centre. Albox also hosts a large weekly market every Tuesday and a smaller one every Saturday. The town of Huercal Overa, with its main hospital, is just 25 minutes away, and the nearest beaches are only a 40-minute drive.
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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 €69,500 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 |
|---|---|---|---|
| €69,500 | £57,816 | £59,813 | £1,997 |
| Property Price € | €69,500 |
| Minimum cost in the last six months | £57,816 |
| Maximum cost in the last six months | £59,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,997 |
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 €69,500 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 |
|---|---|---|---|
| €69,500 | £57,816 | £59,813 | £1,997 |
| Property Price € | €69,500 |
| Minimum cost in the last six months | £57,816 |
| Maximum cost in the last six months | £59,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,997 |
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 £1,997 more.
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