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NOW REDUCED TO 199,000 AND OPEN TO SENSIBLE OFFERS - This 8 Bedroom, 5 Bathroom, 462m2 build Cortijo Complex is situated close to the spectacular and well-known town of Montefr o, in the province of Granada, Andalucia, Spain
Montefrio, Granada, Spain
REF: 497117
€199,000
Description
NOW REDUCED TO 199,000 AND OPEN TO SENSIBLE OFFERS - This 8 Bedroom, 5 Bathroom, 462m2 build Cortijo Complex is situated close to the spectacular and well-known town of Montefr o, in the province of Granada, Andalucia, Spain. With an extensive size plot of 10,097m2 which includes a large patio, a swimming pool and a terrace all with wonderful countryside and Sierra Nevada views plus 200 Olive Trees and various outbuildings. Located in an elevated position the Cortijos have there own gated driveways, the first of which takes you to the main property and the large patio spaces with your private swimming pool, a barbecue area, a separate garden space with a big garage workshop and double gates that lead to your productive olive grove which runs along to the rear and left of the properties. You enter the main Cortijo, which was once a restaurant, from the first driveway into a wide reception hall with a ground floor shower room on the right, ahead leads into the spacious L shaped open plan dining and fully fitted kitchen area. To the left is your very large living room with a feature wood burner and office space. Stairs take you up to the first floor landing from where you have a total of 5 bedrooms and a fully tiled bathroom. The second Cortijo is of modern construction and has its own gated driveway and boasts a large terrace with countryside and Sierra Nevada views. You enter the second Property into a good size dining room, a single bedroom or office, a fully tiled shower room, a double bedroom with ensuite shower room, the master bedroom with a fabulous ensuite which includes double sinks, a full bath and a separate shower cubicle. From the bright dining room you have direct access into the spacious fully fitted modern kitchen diner, also off the dining room, the living room boasts a high ceiling with feature wooden beams, a modern pellet burner and patio doors leading out on to a large sun terrace with those dramatic views. From the sun terrace you have access to the various storage outbuildings which house the well water pump and generator and your large capacity water tank. Being sold part furnished the Cortijos are ready to move into and offer opportunities to create a Bed and Breakfast, Casa Rural business, or a wonderful countryside home with a possible rental income or even to reopen the restaurant. We look forward to you getting in contact with us soon to discuss your options.
NOW REDUCED TO 199,000 AND OPEN TO SENSIBLE OFFERS - This 8 Bedroom, 5 Bathroom, 462m2 build Cortijo Complex is situated close to the spectacular and well-known town of Montefr o, in the province of Granada, Andalucia, Spain. With an extensive size plot of 10,097m2 which includes a large patio, a swimming pool and a terrace all with wonderful countryside and Sierra Nevada views plus 200 Olive Trees and various outbuildings. Located in an elevated position the Cortijos have there own gated driveways, the first of which takes you to the main property and the large patio spaces with your private swimming pool, a barbecue area, a separate garden space with a big garage workshop and double gates that lead to your productive olive grove which runs along to the rear and left of the properties. You enter the main Cortijo, which was once a restaurant, from the first driveway into a wide reception hall with a ground floor shower room on the right, ahead leads into the spacious L shaped open plan dining and fully fitted kitchen area. To the left is your very large living room with a feature wood burner and office space. Stairs take you up to the first floor landing from where you have a total of 5 bedrooms and a fully tiled bathroom. The second Cortijo is of modern construction and has its own gated driveway and boasts a large terrace with countryside and Sierra Nevada views. You enter the second Property into a good size dining room, a single bedroom or office, a fully tiled shower room, a double bedroom with ensuite shower room, the master bedroom with a fabulous ensuite which includes double sinks, a full bath and a separate shower cubicle. From the bright dining room you have direct access into the spacious fully fitted modern kitchen diner, also off the dining room, the living room boasts a high ceiling with feature wooden beams, a modern pellet burner and patio doors leading out on to a large sun terrace with those dramatic views. From the sun terrace you have access to the various storage outbuildings which house the well water pump and generator and your large capacity water tank. Being sold part furnished the Cortijos are ready to move into and offer opportunities to create a Bed and Breakfast, Casa Rural business, or a wonderful countryside home with a possible rental income or even to reopen the restaurant. We look forward to you getting in contact with us soon to discuss your options.
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Currency Exchange
Montefrio, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £169,287 | £174,431 | £5,144 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £169,287 |
| Maximum cost in the last six months | £174,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,144 |
Montefrio, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £169,287 | £174,431 | £5,144 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £169,287 |
| Maximum cost in the last six months | £174,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,144 |
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 £5,144 more.
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