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This Cortijo with a good size outbuilding and a generous 1,913m2 plot is situated close to Algarinejo in the Granada province of Andalucia, Spain
Algarinejo, Granada, Spain
REF: 820075
€69,000
Description
This Cortijo with a good size outbuilding and a generous 1,913m2 plot is situated close to Algarinejo in the Granada province of Andalucia, Spain. Both properties are in need of renovation, at present there is well water but town water and electricity could be connected if you did not want to rely on solar panels. You approach the properties from a short semi private track which leads to the outbuilding, turning left you enter the main Cortijo into a large ground floor reception room off which there are 3 further good size rooms. Stairs take you to the large open first floor space that still has the animal pens and there is access out onto a terrace with views over your land and the countryside. Back outside the outbuilding has 2 entrances, the first leads to 2 storage rooms on the upper level, the second entrance to the side leads into 2 lower level rooms being used as stables at present. Behind the outbuilding is a large, sunny level space which would be an ideal area to add a pool.
This Cortijo with a good size outbuilding and a generous 1,913m2 plot is situated close to Algarinejo in the Granada province of Andalucia, Spain. Both properties are in need of renovation, at present there is well water but town water and electricity could be connected if you did not want to rely on solar panels. You approach the properties from a short semi private track which leads to the outbuilding, turning left you enter the main Cortijo into a large ground floor reception room off which there are 3 further good size rooms. Stairs take you to the large open first floor space that still has the animal pens and there is access out onto a terrace with views over your land and the countryside. Back outside the outbuilding has 2 entrances, the first leads to 2 storage rooms on the upper level, the second entrance to the side leads into 2 lower level rooms being used as stables at present. Behind the outbuilding is a large, sunny level space which would be an ideal area to add a pool.
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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 €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 | £60,405 | £1,707 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,707 |
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 €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 | £60,405 | £1,707 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £58,698 |
| Maximum cost in the last six months | £60,405 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,707 |
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 £1,707 more.
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