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Located in the Spanish village of Fuente Alamo and a 15 minute drive to the historical city of Alcala la Real, in the Jaen province of Andalucia, Spain this 6 bedroom Cortijo with a generous 404m2 plot is being sold part furnished, ready to move into and up date
Fuente Alamo, Jaen, Spain
REF: 504893
€70,000
Description
Located in the Spanish village of Fuente Alamo and a 15 minute drive to the historical city of Alcala la Real, in the Jaen province of Andalucia, Spain this 6 bedroom Cortijo with a generous 404m2 plot is being sold part furnished, ready to move into and up date. In walking distance to all local amenities the property comes with a private garage and a good size garden. Set back from the road with off street parking and your private garage you enter the property across a gated front patio with mature vines, on the right is the kitchen and a large storage room. The main house from the patio leads to a reception room and to the right is a lounge diner with a fully tiled modern shower room and a ground floor bedroom. To the left of the reception room is a second double bedroom. Stairs from the reception room take you up to the first floor where you have a further 4 double bedrooms one of which enjoys air conditioning. Priced to sell at under 90K, on a generous size plot the Cortijo just needs modernizing to create a wonderful family home in the warm sunshine of southern Spain.
Located in the Spanish village of Fuente Alamo and a 15 minute drive to the historical city of Alcala la Real, in the Jaen province of Andalucia, Spain this 6 bedroom Cortijo with a generous 404m2 plot is being sold part furnished, ready to move into and up date. In walking distance to all local amenities the property comes with a private garage and a good size garden. Set back from the road with off street parking and your private garage you enter the property across a gated front patio with mature vines, on the right is the kitchen and a large storage room. The main house from the patio leads to a reception room and to the right is a lounge diner with a fully tiled modern shower room and a ground floor bedroom. To the left of the reception room is a second double bedroom. Stairs from the reception room take you up to the first floor where you have a further 4 double bedrooms one of which enjoys air conditioning. Priced to sell at under 90K, on a generous size plot the Cortijo just needs modernizing to create a wonderful family home in the warm sunshine of southern Spain.
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Currency Exchange
Fuente Alamo, Jaen, 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 | £61,354 | £1,806 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
Fuente Alamo, Jaen, 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 | £61,354 | £1,806 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £59,548 |
| Maximum cost in the last six months | £61,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,806 |
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 £1,806 more.
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