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This 7 bedroom, 329m2 build Townhouse is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain
Castillo de Locubin, Jaen, Spain
REF: 854995
€59,000
Description
This 7 bedroom, 329m2 build Townhouse is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. With a patio, cave storage, roof terrace views, with a generous 214m2 plot, it is on the market for just 59,000 euros, as this character property with wonderful original floor tiling, needs renovating and modernizing. Located on a quiet street you enter the property into a wide, tiled entrance hall that leads into a central atrium with a storage room and a ground floor double bedroom on the right. The wide staircase takes you to the first floor landing where a corridor leads to a good size single bedroom with a Juliet balcony, a large front lounge / music room with access out onto 2 balconies and another good size single bedroom. To the right off the landing another corridor takes you first, to another bedroom, a further room being used as a dining room and then into the rustic kitchen with an open chimney and with access out into a private courtyard. Opposite the kitchen is a storage room next to stairs that take you to the second floor landing from where you have passageways that lead first to an unconverted large storage room then continues on to a further 4 rooms, also on the level there are stairs that lead to another attic room, an open terrace along with a covered storage space and access out onto a private roof terrace with far-reaching countryside views. Back in the courtyard next the kitchen on the first floor you have a separate toilet and another storage room with an open chimney with steps leading down to a large cave storage space and then a passageway takes you to a laundry area with a separate entrance to the street.
This 7 bedroom, 329m2 build Townhouse is situated in popular Castillo de Locubin, just a short drive to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. With a patio, cave storage, roof terrace views, with a generous 214m2 plot, it is on the market for just 59,000 euros, as this character property with wonderful original floor tiling, needs renovating and modernizing. Located on a quiet street you enter the property into a wide, tiled entrance hall that leads into a central atrium with a storage room and a ground floor double bedroom on the right. The wide staircase takes you to the first floor landing where a corridor leads to a good size single bedroom with a Juliet balcony, a large front lounge / music room with access out onto 2 balconies and another good size single bedroom. To the right off the landing another corridor takes you first, to another bedroom, a further room being used as a dining room and then into the rustic kitchen with an open chimney and with access out into a private courtyard. Opposite the kitchen is a storage room next to stairs that take you to the second floor landing from where you have passageways that lead first to an unconverted large storage room then continues on to a further 4 rooms, also on the level there are stairs that lead to another attic room, an open terrace along with a covered storage space and access out onto a private roof terrace with far-reaching countryside views. Back in the courtyard next the kitchen on the first floor you have a separate toilet and another storage room with an open chimney with steps leading down to a large cave storage space and then a passageway takes you to a laundry area with a separate entrance to the street.
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Currency Exchange
Castillo de Locubin, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £49,067 | £50,777 | £1,709 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £49,067 |
| Maximum cost in the last six months | £50,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,709 |
Castillo de Locubin, 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 €59,000 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 |
|---|---|---|---|
| €59,000 | £49,067 | £50,777 | £1,709 |
| Property Price € | €59,000 |
| Minimum cost in the last six months | £49,067 |
| Maximum cost in the last six months | £50,777 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,709 |
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 £1,709 more.
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