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Two-storey house for sale in the Somontin area
Somontin, Almeria, Spain
REF: 289775
€70,000
Description
Two-storey house for sale in the Somontin area. On the first floor there is the kitchen dining room with a fireplace, 1 bedroom and a bathroom. On the first floor there are 4 bedrooms, a covered balcony, a terrace and a laundry room. The house is in perfect condition to live, including all necessary furniture and appliances. Good opportunity if you are thinking of buying a home. The house is located in a village with all the necessary services for daily life such as shops, bakery, butcher, school, doctor, pharmacy, bars, sports and leisure center, town hall, etc. And at a 10 minute drive there is the larger towns of Purchena and Olula del Rio where we find all kinds of services such as banks, supermarkets, 24-hour emergencies, etc.
Two-storey house for sale in the Somontin area. On the first floor there is the kitchen dining room with a fireplace, 1 bedroom and a bathroom. On the first floor there are 4 bedrooms, a covered balcony, a terrace and a laundry room. The house is in perfect condition to live, including all necessary furniture and appliances. Good opportunity if you are thinking of buying a home. The house is located in a village with all the necessary services for daily life such as shops, bakery, butcher, school, doctor, pharmacy, bars, sports and leisure center, town hall, etc. And at a 10 minute drive there is the larger towns of Purchena and Olula del Rio where we find all kinds of services such as banks, supermarkets, 24-hour emergencies, etc.
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Currency Exchange
Somontin, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
Somontin, 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 €70,000 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 |
|---|---|---|---|
| €70,000 | £59,548 | £61,358 | £1,810 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,358 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,810 |
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 £1,810 more.
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