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A large attached character country cortijo, with a garden of approximately 300m2, with the potential for 5 bedrooms, it has a large basement perfect as a workshop space
Sorbas, Almeria, Spain
REF: 494413
€69,950
Description
A large attached character country cortijo, with a garden of approximately 300m2, with the potential for 5 bedrooms, it has a large basement perfect as a workshop space. Situated in a quiet hamlet within the Sorbas area, a 10 minute drive to Uleila del Campo, Sorbas is 15 minutes drive, Lubrín also 15 minutes. This property is generous in proportions and has been used as a weekend property by the family in past years. It is in need of some updating, however is in good general order, you can move straight in and update over time. Distributed over 3 floors with a basement which would make a great workshop conversion, this opens out to a walled private courtyard. A typical country cortijo which is in good general order, enjoys a rear garden of approximately 300m2. Offers excellent potential. Mains water and electric is connected, wifi is possible.
A large attached character country cortijo, with a garden of approximately 300m2, with the potential for 5 bedrooms, it has a large basement perfect as a workshop space. Situated in a quiet hamlet within the Sorbas area, a 10 minute drive to Uleila del Campo, Sorbas is 15 minutes drive, Lubrín also 15 minutes. This property is generous in proportions and has been used as a weekend property by the family in past years. It is in need of some updating, however is in good general order, you can move straight in and update over time. Distributed over 3 floors with a basement which would make a great workshop conversion, this opens out to a walled private courtyard. A typical country cortijo which is in good general order, enjoys a rear garden of approximately 300m2. Offers excellent potential. Mains water and electric is connected, wifi is possible.
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Currency Exchange
Sorbas, 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 €69,950 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 |
|---|---|---|---|
| €69,950 | £59,506 | £61,314 | £1,808 |
| Property Price € | €69,950 |
| Minimum cost in the last six months | £59,506 |
| Maximum cost in the last six months | £61,314 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,808 |
Sorbas, 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 €69,950 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 |
|---|---|---|---|
| €69,950 | £59,506 | £61,314 | £1,808 |
| Property Price € | €69,950 |
| Minimum cost in the last six months | £59,506 |
| Maximum cost in the last six months | £61,314 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,808 |
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 £1,808 more.
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