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This expansive cortijo, with a generous floor area of approx
Oria, Almeria, Spain
REF: 849100
€57,500
Description
This expansive cortijo, with a generous floor area of approx. 350 m spread across two floors, offers versatile living spaces ideal for a small guesthouse or rural tourism project. Situated just 5 minutes from the village in a quaint chamlet, the property boasts a total of four bedrooms but could have several more depending on the layout you wanted to create. On the ground floor, you'll find three spacious bedrooms, a bathroom, two inviting living rooms, a traditional kitchen, a separate dining room, a large multi-purpose room that previously served as a shop, and a garage for secure parking or storage. Upstairs, there are three more bedrooms, providing ample accommodation options. The property also features a charming garden at the rear, perfect for relaxation and outdoor activities. Situated just a 5 minute walk (400 meters) from a typical Spanish bar-restaurant, 10 minute drive from Oria town (9kms) and a 15 minute drive (12kms) from Albox town.
This expansive cortijo, with a generous floor area of approx. 350 m spread across two floors, offers versatile living spaces ideal for a small guesthouse or rural tourism project. Situated just 5 minutes from the village in a quaint chamlet, the property boasts a total of four bedrooms but could have several more depending on the layout you wanted to create. On the ground floor, you'll find three spacious bedrooms, a bathroom, two inviting living rooms, a traditional kitchen, a separate dining room, a large multi-purpose room that previously served as a shop, and a garage for secure parking or storage. Upstairs, there are three more bedrooms, providing ample accommodation options. The property also features a charming garden at the rear, perfect for relaxation and outdoor activities. Situated just a 5 minute walk (400 meters) from a typical Spanish bar-restaurant, 10 minute drive from Oria town (9kms) and a 15 minute drive (12kms) from Albox town.
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Currency Exchange
Oria, 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 €57,500 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 |
|---|---|---|---|
| €57,500 | £47,628 | £49,418 | £1,791 |
| Property Price € | €57,500 |
| Minimum cost in the last six months | £47,628 |
| Maximum cost in the last six months | £49,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,791 |
Oria, 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 €57,500 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 |
|---|---|---|---|
| €57,500 | £47,628 | £49,418 | £1,791 |
| Property Price € | €57,500 |
| Minimum cost in the last six months | £47,628 |
| Maximum cost in the last six months | £49,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,791 |
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 £1,791 more.
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