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This spacious 5 bedroom corner townhouse is situated in the popular city of Alcala la Real, in the south of Jaen province in Andalucia, Spain
Alcala la Real, Jaen, Spain
REF: 895360
€65,000
Description
This spacious 5 bedroom corner townhouse is situated in the popular city of Alcala la Real, in the south of Jaen province in Andalucia, Spain. Located within the historical centre of the city with on road parking to the front and side street, you enter the 172m2 build property from a small flight of stairs into a bright hallway with a lounge / diner on the right, then a ground floor twin bedroom with a toilet / wash room located under the stairs. The hallway continues into the fitted kitchen and on to a fully tiled bathroom with a laundry space and a wood burner. Towards the rear is a small storage room. A staircase from the hallway takes you to the first floor where you have 2 bedrooms on the left then a corridor leads to a rear double bedroom with direct access out onto a terrace. The staircase continues to the second level where you have a large bedroom, used at present for storage, to the left and a passageway on the right leads to storage room as well as steps that take you to the large unconverted attic rooms. The property also benefits from a small garage which you enter from the side street. On the market for 65,000 euros, this is a lot of property, in a sought after area of the city, which needs renovating and offers an ideal DIY project or investment potential for a renovator / builder.
This spacious 5 bedroom corner townhouse is situated in the popular city of Alcala la Real, in the south of Jaen province in Andalucia, Spain. Located within the historical centre of the city with on road parking to the front and side street, you enter the 172m2 build property from a small flight of stairs into a bright hallway with a lounge / diner on the right, then a ground floor twin bedroom with a toilet / wash room located under the stairs. The hallway continues into the fitted kitchen and on to a fully tiled bathroom with a laundry space and a wood burner. Towards the rear is a small storage room. A staircase from the hallway takes you to the first floor where you have 2 bedrooms on the left then a corridor leads to a rear double bedroom with direct access out onto a terrace. The staircase continues to the second level where you have a large bedroom, used at present for storage, to the left and a passageway on the right leads to storage room as well as steps that take you to the large unconverted attic rooms. The property also benefits from a small garage which you enter from the side street. On the market for 65,000 euros, this is a lot of property, in a sought after area of the city, which needs renovating and offers an ideal DIY project or investment potential for a renovator / builder.
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Currency Exchange
Alcala la Real, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,554 | £55,864 | £2,311 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,554 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,311 |
Alcala la Real, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,554 | £55,864 | £2,311 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,554 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,311 |
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 £2,311 more.
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