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*INVESTMENT PROJECT of a "FINCA" with WINE CELLAR and CORTIJO of 156 hectares in BULLAS (MURCIA)*
Bullas, Murcia, Spain
REF: 901988
€1,500,000
Description
*INVESTMENT PROJECT of a "FINCA" with WINE CELLAR and CORTIJO of 156 hectares in BULLAS (MURCIA)* . The estate is a real jewel; it is mainly located in the municipality of Cehegín and Bullas, between the Sierra de Los Ceperos and the Sierra de Lavia, next to the Bodegas de Hydria and Bodegas de Lavia. The farmhouse and winery is located approximately 12 km from the town of Bullas.The estate was a wine producer, the vines can be recovered and in a couple of years give production. The wine cellar conserves the French and German oak barrels, a real spectacle. The existing house, of approximately 250m2, although the exterior still has a good appearance, is in need of a complete renovation. There is mains water and electricity. The access to the "finca"is easy road. The Sierra de los Ceperos is a small mountain range in the Region of Murcia, to the south of the municipalities of Cehegín and Bullas and to the north of the Pedanías Altas de Lorca. This mountain range is surrounded by the mountain ranges of Burete, Lavia and Cambrón, surrounded by pine forests and holm oaks. It is possible to see fauna native to the area such as the eagle owl and the mountain goat.It is well worth a visit.
*INVESTMENT PROJECT of a "FINCA" with WINE CELLAR and CORTIJO of 156 hectares in BULLAS (MURCIA)* . The estate is a real jewel; it is mainly located in the municipality of Cehegín and Bullas, between the Sierra de Los Ceperos and the Sierra de Lavia, next to the Bodegas de Hydria and Bodegas de Lavia. The farmhouse and winery is located approximately 12 km from the town of Bullas.The estate was a wine producer, the vines can be recovered and in a couple of years give production. The wine cellar conserves the French and German oak barrels, a real spectacle. The existing house, of approximately 250m2, although the exterior still has a good appearance, is in need of a complete renovation. There is mains water and electricity. The access to the "finca"is easy road. The Sierra de los Ceperos is a small mountain range in the Region of Murcia, to the south of the municipalities of Cehegín and Bullas and to the north of the Pedanías Altas de Lorca. This mountain range is surrounded by the mountain ranges of Burete, Lavia and Cambrón, surrounded by pine forests and holm oaks. It is possible to see fauna native to the area such as the eagle owl and the mountain goat.It is well worth a visit.
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Currency Exchange
Bullas, Murcia, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
Bullas, Murcia, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
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 £46,710 more.
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