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This detached 4 bedroom Cortijo property with generous land of 7,500m2 is situated near the town of Algarinejo, in the Granada province of Andalucia, Spain and is only a 2 hour drive to the ski resorts of the Sierra Nevada with the wonderful Lake of Iznajar and its water sports just a little over 30
Algarinejo, Granada, Spain
REF: 604355
€139,000
Description
This detached 4 bedroom Cortijo property with generous land of 7,500m2 is situated near the town of Algarinejo, in the Granada province of Andalucia, Spain and is only a 2 hour drive to the ski resorts of the Sierra Nevada with the wonderful Lake of Iznajar and its water sports just a little over 30 minutes away. Set back from the road a private drive takes you up to the Cortijo and the front terrace which leads into a lounge diner, to the right is a ground floor bedroom and off to the left another bedroom as well as an utility and storage room plus a ground floor shower room that also has access from the driveway. Stairs from the lounge lead up to the first floor landing from where you have a large twin bedroom with a dressing area and a double bedroom. A separate entrance from the driveway leads into the kitchen space. Steps to the side and rear of the property take you to storage rooms at the back of the Cortijo. Mature planted gardens and fruit trees surround the property and also provide extensive countryside and mountain views.
This detached 4 bedroom Cortijo property with generous land of 7,500m2 is situated near the town of Algarinejo, in the Granada province of Andalucia, Spain and is only a 2 hour drive to the ski resorts of the Sierra Nevada with the wonderful Lake of Iznajar and its water sports just a little over 30 minutes away. Set back from the road a private drive takes you up to the Cortijo and the front terrace which leads into a lounge diner, to the right is a ground floor bedroom and off to the left another bedroom as well as an utility and storage room plus a ground floor shower room that also has access from the driveway. Stairs from the lounge lead up to the first floor landing from where you have a large twin bedroom with a dressing area and a double bedroom. A separate entrance from the driveway leads into the kitchen space. Steps to the side and rear of the property take you to storage rooms at the back of the Cortijo. Mature planted gardens and fruit trees surround the property and also provide extensive countryside and mountain views.
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Currency Exchange
Algarinejo, 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 €139,000 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 |
|---|---|---|---|
| €139,000 | £118,246 | £121,839 | £3,593 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £118,246 |
| Maximum cost in the last six months | £121,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,593 |
Algarinejo, 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 €139,000 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 |
|---|---|---|---|
| €139,000 | £118,246 | £121,839 | £3,593 |
| Property Price € | €139,000 |
| Minimum cost in the last six months | £118,246 |
| Maximum cost in the last six months | £121,839 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,593 |
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 £3,593 more.
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