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Detached farmhouse to reform, located on a 2,500 m2 plot with excellent views and good access set in a quiet very private area
Olula del Rio, Almeria, Spain
REF: 330850
€65,000
Description
Detached farmhouse to reform, located on a 2,500 m2 plot with excellent views and good access set in a quiet very private area. The farmhouse comprises, on the first floor, lounge with feature fireplace, 3 bedrooms and one storage room. On the first floor are 3 further large bedrooms. The farmhouse needs reforming, but retains many old rustic features, thick stone walls, the typical shape of a farmhouse and the charm that only this type of construction has. Although it seems that it is very isolated, it is not so since it is located 5 minutes by car from Olula de Rio where we can find all the necessary services such as a 24-hour health center, schools, shops, bars, soccer field, Pharmacies, etc., weekly market on Thursdays. Half an hour from the beach, and one hour from the capital of Almeria. A great starter property for sale in the interior of Almeria.
Detached farmhouse to reform, located on a 2,500 m2 plot with excellent views and good access set in a quiet very private area. The farmhouse comprises, on the first floor, lounge with feature fireplace, 3 bedrooms and one storage room. On the first floor are 3 further large bedrooms. The farmhouse needs reforming, but retains many old rustic features, thick stone walls, the typical shape of a farmhouse and the charm that only this type of construction has. Although it seems that it is very isolated, it is not so since it is located 5 minutes by car from Olula de Rio where we can find all the necessary services such as a 24-hour health center, schools, shops, bars, soccer field, Pharmacies, etc., weekly market on Thursdays. Half an hour from the beach, and one hour from the capital of Almeria. A great starter property for sale in the interior of Almeria.
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Currency Exchange
Olula del Rio, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
Olula del Rio, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £55,295 | £56,972 | £1,677 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £55,295 |
| Maximum cost in the last six months | £56,972 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,677 |
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 £1,677 more.
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