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House and restaurant for sale in Es Castell
Es Castell, Spain, 0772
REF: 897128
€380,000
Description
We present you with an interesting opportunity to acquire a property with land located in a main street of Es Castell that has characteristics that give it multiple possibilities. These are two buildings located on a plot of 391 m2. The first building has been used for restoration and consists of 131 m2 on the ground floor and a large courtyard. The second building, separated by a wall, houses a charming 1-bedroom cottage with a living room, a bathroom and a small kitchen with a nice garden in front and a south orientation that gives it plenty of light. There is the possibility of converting everything into a single house or, with the relevant project, dividing the plot. On the other hand, there is also the option of continuing with the restaurant and housing activity. Do not hesitate to contact us and we will give you all the information. #ref:4407
We present you with an interesting opportunity to acquire a property with land located in a main street of Es Castell that has characteristics that give it multiple possibilities. These are two buildings located on a plot of 391 m2. The first building has been used for restoration and consists of 131 m2 on the ground floor and a large courtyard. The second building, separated by a wall, houses a charming 1-bedroom cottage with a living room, a bathroom and a small kitchen with a nice garden in front and a south orientation that gives it plenty of light. There is the possibility of converting everything into a single house or, with the relevant project, dividing the plot. On the other hand, there is also the option of continuing with the restaurant and housing activity. Do not hesitate to contact us and we will give you all the information. #ref:4407
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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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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