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Great opportunity to purchase various properties and ruins on a large plot with fantastic views over the surrounding mountain ranges
Arboleas, Almeria, Spain
REF: 289305
€145,000
Description
Great opportunity to purchase various properties and ruins on a large plot with fantastic views over the surrounding mountain ranges. The first property is a large renovated two story house with a basic fitted kitchen, dining room, lounge, shower room, bedroom, large room which could be converted into a master bedroom with a door out to a well sized roof terrace with fantastic views. This property has had a new roof fitted. You could live in this property whilst you did the work on the rest as it only needs decorating. The second property is a huge two story farm house; On the ground floor there is a large living / dining room with a feature fireplace, a room which could be the kitchen and two further rooms off the living room. On the first floor there are 4 rooms which could be made into bedrooms and bathrooms or more living space. The third property is attached to the second house and it s only a room with a door leading out to a courtyard between all of the houses which could be enclosed. There are three more properties but they are mainly in a ruinous state. Set in a large flat plot mainly planted with olive and almond trees with ample space for a swimming pool and a garage, situated within a 5 minute drive from the lovely town of Arboleas which offers all necessary amenities.
Great opportunity to purchase various properties and ruins on a large plot with fantastic views over the surrounding mountain ranges. The first property is a large renovated two story house with a basic fitted kitchen, dining room, lounge, shower room, bedroom, large room which could be converted into a master bedroom with a door out to a well sized roof terrace with fantastic views. This property has had a new roof fitted. You could live in this property whilst you did the work on the rest as it only needs decorating. The second property is a huge two story farm house; On the ground floor there is a large living / dining room with a feature fireplace, a room which could be the kitchen and two further rooms off the living room. On the first floor there are 4 rooms which could be made into bedrooms and bathrooms or more living space. The third property is attached to the second house and it s only a room with a door leading out to a courtyard between all of the houses which could be enclosed. There are three more properties but they are mainly in a ruinous state. Set in a large flat plot mainly planted with olive and almond trees with ample space for a swimming pool and a garage, situated within a 5 minute drive from the lovely town of Arboleas which offers all necessary amenities.
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Currency Exchange
Arboleas, Almeria, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £123,350 | £127,091 | £3,741 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £123,350 |
| Maximum cost in the last six months | £127,091 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,741 |
Arboleas, Almeria, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £123,350 | £127,091 | £3,741 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £123,350 |
| Maximum cost in the last six months | £127,091 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,741 |
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 £3,741 more.
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