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*** Price Reduction *** Village House
Dúrcal, Granada, Spain
REF: 413702
€80,000
Description
*** Price Reduction *** Village House. 6 Bedrooms, 1 Bathroom. Terrace and Patio. Garage. Renovation Project. Essential Properties are pleased to present a very large village house offering enormous scope to create a home and income as a bar/restaurant or a B&B business. The front door leads into a large room ideal to create a bar/restaurant area, plus an additional 2 rooms for additional dining space. To the rear of this floor is a kitchen requiring installation, a family bathroom and a rear patio area and courtyard. The courtyard leads to a large garage with the potential to create additional guest accommodation. The first floor consists of a landing/reception room, 3 large bedrooms offering scope to install en-suite bathrooms plus a family bathroom requiring installation. This floor also benefits from a sun terrace and an additional room ideal to use as a yoga/dance or art studio. Stairs from the ground floor patio lead up to additional rooms that have independent access from a side door. These rooms could be renovated to provide private owner accommodation featuring a lounge/dining room, kitchen plus 2 bedrooms and a bathroom on the upper floor. This would be an ideal property for property developers or investors looking to create a home and income in the town centre within the beautiful region of the Lecrín Valley. Ideally located within walking distance to shops, bars and restaurants and only 20 minutes drive from Granada city centre, the Alhambra Palace and Granada airport. Durcal is a 25 minute drive from the coast of Costa Tropical, 40 minutes to the ski slopes of Sierra Nevada and 90 minutes to Malaga airport.
*** Price Reduction *** Village House. 6 Bedrooms, 1 Bathroom. Terrace and Patio. Garage. Renovation Project. Essential Properties are pleased to present a very large village house offering enormous scope to create a home and income as a bar/restaurant or a B&B business. The front door leads into a large room ideal to create a bar/restaurant area, plus an additional 2 rooms for additional dining space. To the rear of this floor is a kitchen requiring installation, a family bathroom and a rear patio area and courtyard. The courtyard leads to a large garage with the potential to create additional guest accommodation. The first floor consists of a landing/reception room, 3 large bedrooms offering scope to install en-suite bathrooms plus a family bathroom requiring installation. This floor also benefits from a sun terrace and an additional room ideal to use as a yoga/dance or art studio. Stairs from the ground floor patio lead up to additional rooms that have independent access from a side door. These rooms could be renovated to provide private owner accommodation featuring a lounge/dining room, kitchen plus 2 bedrooms and a bathroom on the upper floor. This would be an ideal property for property developers or investors looking to create a home and income in the town centre within the beautiful region of the Lecrín Valley. Ideally located within walking distance to shops, bars and restaurants and only 20 minutes drive from Granada city centre, the Alhambra Palace and Granada airport. Durcal is a 25 minute drive from the coast of Costa Tropical, 40 minutes to the ski slopes of Sierra Nevada and 90 minutes to Malaga airport.
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Currency Exchange
Dúrcal, Granada, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £68,055 | £70,123 | £2,068 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £68,055 |
| Maximum cost in the last six months | £70,123 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,068 |
Dúrcal, Granada, 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 €80,000 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 |
|---|---|---|---|
| €80,000 | £68,055 | £70,123 | £2,068 |
| Property Price € | €80,000 |
| Minimum cost in the last six months | £68,055 |
| Maximum cost in the last six months | £70,123 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,068 |
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 £2,068 more.
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