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UNIQUE 300 year old cortijo (900m2) farmhouse), set in 20,000m2 of pine, almond and olive trees, lovingly renovated by the current owners
Caravaca de la Cruz, Murcia, Spain
REF: 905336
€595,000
Description
UNIQUE 300 year old cortijo (900m2) farmhouse), set in 20,000m2 of pine, almond and olive trees, lovingly renovated by the current owners. The property offers five luxury suites, lounge, dining room and library. There is an adjacent 2 bedroom, 2 bathroom living area for the owners/staff. Set in peaceful surroundings, but just twelve minutes from Caravaca de la Cruz. The hotel has a large swimming pool with custom made double sunbeds and an outdoor kitchen, dining and seating area with built in BBQ. The hotel accommodation consists of a large lounge, dining room, library, storeroom, five luxury bedroom suites with en-suite bathrooms, and separate WC. Wi-fi is available throughout the hotel. The current clients are a mix of nationalities. The ground floor has a lounge with antique log burning stove; dining room with open fire; storeroom; separate WC and two bedroom suites, one with open fire and private garden. On the first floor there is the library with an additional quiet seating area; laundry storeroom and three bedroom suites all with en suite bathrooms. The separate "private quarters" accommodation has an open plan kitchen, lounge and office area. The kitchen has a range cooker, dishwasher, granite worktops, central island, and plenty of storage cupboards. One of the two bedrooms is on the ground floor with an en suite bathroom. On the first floor is the second bedroom with en suite, a dressing room and a further storage area. Outside, there is a fabulous 14 x 5 swimming pool which was completely re-tiled in 2016. The pool area is gated for safety. The surrounding terrace has plenty of space for sunbeds, tables and chairs and there are four garden areas set amongst the various trees, as well as the outdoor kitchen and BBQ area. To the front of the property there is a large car parking area. This completely refurbished property is just 12 minutes from Caravaca de la Cruz, known as the City of Legend. The city is a destination for pilgrims from all around the world. The hotel is located on the edge of the Sierra Espu a National Park near the Murcian vineyards of Jumilla, Yeclar and Bullas. The new Murcia International airport is approximately 1 hour away, and Alicante is around 1 hour 40 minutes drive.
UNIQUE 300 year old cortijo (900m2) farmhouse), set in 20,000m2 of pine, almond and olive trees, lovingly renovated by the current owners. The property offers five luxury suites, lounge, dining room and library. There is an adjacent 2 bedroom, 2 bathroom living area for the owners/staff. Set in peaceful surroundings, but just twelve minutes from Caravaca de la Cruz. The hotel has a large swimming pool with custom made double sunbeds and an outdoor kitchen, dining and seating area with built in BBQ. The hotel accommodation consists of a large lounge, dining room, library, storeroom, five luxury bedroom suites with en-suite bathrooms, and separate WC. Wi-fi is available throughout the hotel. The current clients are a mix of nationalities. The ground floor has a lounge with antique log burning stove; dining room with open fire; storeroom; separate WC and two bedroom suites, one with open fire and private garden. On the first floor there is the library with an additional quiet seating area; laundry storeroom and three bedroom suites all with en suite bathrooms. The separate "private quarters" accommodation has an open plan kitchen, lounge and office area. The kitchen has a range cooker, dishwasher, granite worktops, central island, and plenty of storage cupboards. One of the two bedrooms is on the ground floor with an en suite bathroom. On the first floor is the second bedroom with en suite, a dressing room and a further storage area. Outside, there is a fabulous 14 x 5 swimming pool which was completely re-tiled in 2016. The pool area is gated for safety. The surrounding terrace has plenty of space for sunbeds, tables and chairs and there are four garden areas set amongst the various trees, as well as the outdoor kitchen and BBQ area. To the front of the property there is a large car parking area. This completely refurbished property is just 12 minutes from Caravaca de la Cruz, known as the City of Legend. The city is a destination for pilgrims from all around the world. The hotel is located on the edge of the Sierra Espu a National Park near the Murcian vineyards of Jumilla, Yeclar and Bullas. The new Murcia International airport is approximately 1 hour away, and Alicante is around 1 hour 40 minutes drive.
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Currency Exchange
Caravaca de la Cruz, 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 €595,000 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 |
|---|---|---|---|
| €595,000 | £494,832 | £512,069 | £17,237 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £494,832 |
| Maximum cost in the last six months | £512,069 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,237 |
Caravaca de la Cruz, 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 €595,000 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 |
|---|---|---|---|
| €595,000 | £494,832 | £512,069 | £17,237 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £494,832 |
| Maximum cost in the last six months | £512,069 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,237 |
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 £17,237 more.
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