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Detached single story farmhouse with a build size of 112m2, comprising 3 bedrooms, 1 bathroom, the property needs some renovation work to become habitable
Lucar, Almeria, Spain
REF: 687731
€69,000
Description
Detached single story farmhouse with a build size of 112m2, comprising 3 bedrooms, 1 bathroom, the property needs some renovation work to become habitable. There is also a large water tank that you could convert into a pool and a warehouse that could also be converted into living space. The property is located in the middle of a 15,259m2 plot with some almond trees, the land is totally flat and of good quality, the access is good and it has spectacular views in all directions. There is drinking water connected. For electricity, it would be advisable to install a solar system. The property is located 2 kilometers from the town where you can find all the basic services such as schools, doctor's, sports facilities, local shops, bars, library, and a weekly market on Friday. The larger town of Tijola is 2 kilometers away, where we can find further amenities, such as supermarkets, educational centers, sports centers, 24-hour health center, pharmacies, and a range of shops. Property located in Lucar, Almería.
Detached single story farmhouse with a build size of 112m2, comprising 3 bedrooms, 1 bathroom, the property needs some renovation work to become habitable. There is also a large water tank that you could convert into a pool and a warehouse that could also be converted into living space. The property is located in the middle of a 15,259m2 plot with some almond trees, the land is totally flat and of good quality, the access is good and it has spectacular views in all directions. There is drinking water connected. For electricity, it would be advisable to install a solar system. The property is located 2 kilometers from the town where you can find all the basic services such as schools, doctor's, sports facilities, local shops, bars, library, and a weekly market on Friday. The larger town of Tijola is 2 kilometers away, where we can find further amenities, such as supermarkets, educational centers, sports centers, 24-hour health center, pharmacies, and a range of shops. Property located in Lucar, Almería.
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Currency Exchange
Lucar, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £58,698 | £60,478 | £1,780 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,780 |
Lucar, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £58,698 | £60,478 | £1,780 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,780 |
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 £1,780 more.
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