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Situated in the quiet hamlet of Pe as de Majalcoron close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain
Penas de Majalcoron, Jaen, Spain
REF: 869013
€75,000
Description
Situated in the quiet hamlet of Pe as de Majalcoron close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. This 3 bedroom countryside home on a 225m2 garden plot is set back from the road with a short driveway leading to double gates and into the large patio and courtyard spaces with a storage vroom on the right. The courtyard continues to the side of the property where you have a great size partially walled garden with mature trees and a shaded alfresco dining area, all with wonderful countryside views. An outbuilding at the front of the property houses a ground floor shower room, laundry space and utility area, there are also a number of storage rooms which need attention off to the right. You enter the main Cortijo into a fitted kitchen area that leads to a lounge diner with a working chimney and a wood burner. Off the lounge is a ground floor double bedroom and you also have steps taking you to the first floor where you have a further 2 good size double bedrooms. The property is in need of renovation but you have room to expand the Cortijo into the many outbuildings and patio areas, subject to planning consent. Aswell as this you are getting another plot which is right next door of 5,579m2 perfect for someone wanting to grow veg or plant fruit trees, or maybe even just to enjoy as a large garden, with pool area. You really do need to come and view this bargain and the beautiful surroundings it is set in. Book your viewing today!!
Situated in the quiet hamlet of Pe as de Majalcoron close to the historical city of Alcala la Real in the south of Jaen province in Andalucia, Spain. This 3 bedroom countryside home on a 225m2 garden plot is set back from the road with a short driveway leading to double gates and into the large patio and courtyard spaces with a storage vroom on the right. The courtyard continues to the side of the property where you have a great size partially walled garden with mature trees and a shaded alfresco dining area, all with wonderful countryside views. An outbuilding at the front of the property houses a ground floor shower room, laundry space and utility area, there are also a number of storage rooms which need attention off to the right. You enter the main Cortijo into a fitted kitchen area that leads to a lounge diner with a working chimney and a wood burner. Off the lounge is a ground floor double bedroom and you also have steps taking you to the first floor where you have a further 2 good size double bedrooms. The property is in need of renovation but you have room to expand the Cortijo into the many outbuildings and patio areas, subject to planning consent. Aswell as this you are getting another plot which is right next door of 5,579m2 perfect for someone wanting to grow veg or plant fruit trees, or maybe even just to enjoy as a large garden, with pool area. You really do need to come and view this bargain and the beautiful surroundings it is set in. Book your viewing today!!
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Currency Exchange
Penas de Majalcoron, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
Penas de Majalcoron, 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 €75,000 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 |
|---|---|---|---|
| €75,000 | £62,123 | £64,459 | £2,336 |
| Property Price € | €75,000 |
| Minimum cost in the last six months | £62,123 |
| Maximum cost in the last six months | £64,459 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,336 |
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 £2,336 more.
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