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Detached Villa
Moraleda de Zafayona, Granada, Spain
REF: 630420
€680,000
Description
Detached Villa. 5 Bedrooms, 2 Bathrooms. Garage. Outbuildings. Mountain and Countryside Views. Essential Properties are proud to present a large village property offering numerous business potential and a fantastic investment opportunity. Located on the edge of the village, there are 4 buildings set within a walled plot measuring 2850m2, the property is within walking distance of all amenities and has easy access to the nearby motorway network. Building 1 - The Main House. This property is an impressive manor-style house and requires modernisation and redistribution. The ground floor accommodation comprises of a large entrance hall, a fully fitted kitchen with a good selection of base and eye-level units, an independent dining room, a lounge with fireplace, a family shower room and 5 bedrooms. External stairs lead up to the first floor featuring an open-plan room measuring approx. 180m2, with a 15m2 front terrace and offering enormous potential to redistribute and create additional guest accommodation. Building 2 - 64m2 An independent building currently used as a storeroom with a separate lounge / summer kitchen offering scope to create a 2-bedroom guest apartment. Building 3. A detached garage measuring 28m2. Building 4 is a large warehouse measuring 260m2. Overview. An ideal investment property on urban land offering tremendous potential: Convert to a Boutique hotel with separate owners accommodation and utilising the warehouse as a fine dining restaurant Perfect as a Bed & Breakfast with storage units and warehousing opportunities Large family home with online business storage unit. Note: Local authorities support rural tourism; therefore grants may be available.
Detached Villa. 5 Bedrooms, 2 Bathrooms. Garage. Outbuildings. Mountain and Countryside Views. Essential Properties are proud to present a large village property offering numerous business potential and a fantastic investment opportunity. Located on the edge of the village, there are 4 buildings set within a walled plot measuring 2850m2, the property is within walking distance of all amenities and has easy access to the nearby motorway network. Building 1 - The Main House. This property is an impressive manor-style house and requires modernisation and redistribution. The ground floor accommodation comprises of a large entrance hall, a fully fitted kitchen with a good selection of base and eye-level units, an independent dining room, a lounge with fireplace, a family shower room and 5 bedrooms. External stairs lead up to the first floor featuring an open-plan room measuring approx. 180m2, with a 15m2 front terrace and offering enormous potential to redistribute and create additional guest accommodation. Building 2 - 64m2 An independent building currently used as a storeroom with a separate lounge / summer kitchen offering scope to create a 2-bedroom guest apartment. Building 3. A detached garage measuring 28m2. Building 4 is a large warehouse measuring 260m2. Overview. An ideal investment property on urban land offering tremendous potential: Convert to a Boutique hotel with separate owners accommodation and utilising the warehouse as a fine dining restaurant Perfect as a Bed & Breakfast with storage units and warehousing opportunities Large family home with online business storage unit. Note: Local authorities support rural tourism; therefore grants may be available.
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Currency Exchange
Moraleda de Zafayona, 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 €680,000 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 |
|---|---|---|---|
| €680,000 | £578,469 | £596,047 | £17,578 |
| Property Price € | €680,000 |
| Minimum cost in the last six months | £578,469 |
| Maximum cost in the last six months | £596,047 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,578 |
Moraleda de Zafayona, 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 €680,000 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 |
|---|---|---|---|
| €680,000 | £578,469 | £596,047 | £17,578 |
| Property Price € | €680,000 |
| Minimum cost in the last six months | £578,469 |
| Maximum cost in the last six months | £596,047 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,578 |
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 £17,578 more.
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