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House with bar and flat in es Castell
Es Castell, Spain, 0772
REF: 897081
€245,000
Description
Allow us to present to you a unique property located in the centre of Es Castell that offers many possibilities. This house currently consists of a bar on the ground floor and a cosy apartment upstairs, but it also has the potential to be converted into a fantastic townhouse or 2 separate flats. Presently, the ground floor commercial premises can accommodate up to 50 clients and has a bar area, a kitchen equipped with gas appliances, three toilets, ceiling fans and air conditioning, however it could make a cosy living space and there would even be the potential to create and outdoor terrace if you wish. In addition, it has a spacious cellar with a separate entrance from the street, as well as from inside the property. The apartment on the first floor is a lovely space with high ceilings and exposed beams, accompanied by a nice private back terrace. This flat currently consists of a kitchen, a living room with a wood stove, a bedroom and a bathroom, but could easily be transformed to create further bedrooms if necessary. This property offers a perfect combination of business opportunity on the ground floor and residential convenience on the top floor, or the possibility to convert into residential premises, making it an exceptional investment for both entrepreneurs or those looking to create a charming home in a prime location. #ref:4773
Allow us to present to you a unique property located in the centre of Es Castell that offers many possibilities. This house currently consists of a bar on the ground floor and a cosy apartment upstairs, but it also has the potential to be converted into a fantastic townhouse or 2 separate flats. Presently, the ground floor commercial premises can accommodate up to 50 clients and has a bar area, a kitchen equipped with gas appliances, three toilets, ceiling fans and air conditioning, however it could make a cosy living space and there would even be the potential to create and outdoor terrace if you wish. In addition, it has a spacious cellar with a separate entrance from the street, as well as from inside the property. The apartment on the first floor is a lovely space with high ceilings and exposed beams, accompanied by a nice private back terrace. This flat currently consists of a kitchen, a living room with a wood stove, a bedroom and a bathroom, but could easily be transformed to create further bedrooms if necessary. This property offers a perfect combination of business opportunity on the ground floor and residential convenience on the top floor, or the possibility to convert into residential premises, making it an exceptional investment for both entrepreneurs or those looking to create a charming home in a prime location. #ref:4773
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Currency Exchange
Es Castell, Spain, 0772
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
Es Castell, Spain, 0772
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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
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 £7,629 more.
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