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This is a large building set in the centre of the busy town of Bigastro, and it offers an ideal opportunity for investment
Bigastro, Alicante, Spain, 03380
REF: 170568
€239,000
Description
This is a large building set in the centre of the busy town of Bigastro, and it offers an ideal opportunity for investment. The building comprises a large garage on the ground floor, a three bedroom, two bathroom apartment on the first floor, a three bedroom, two bathroom apartment on the second floor, and a large rooftop solarium with excellent views of the town and the city of Orihuela nearby. There is no lift in the building. The ground floor comprises a large garage, with an electric door, which would be suitable for a variety of businesses. There is a small room to the rear and a toilet, and this area totals 82.74m2, with 72.04m2 usable space. The residential part of the building is accessed through a large doorway which opens out to an impressive hallway. The first floor apartment comprises 129.69m2, with 91.43m2 of usable space. This apartment is in good condition and has an entrance hallway leading through double doors to a very large bright lounge with access to a small terrace. There are two double bedrooms which also share this terrace, and one comes complete with fitted wardrobes. To the rear there is a third bedroom. There is a large independent kitchen which leads to a utility area, and there are two bathrooms. The bathrooms require new sanitary ware but this apartment is in good condition throughout. Upstairs there is a second apartment, which is of the same size. Again, this apartment has an entrance hall, a spacious lounge and two bedrooms to the front of the apartment, each leading onto a small terrace. To the rear there is a third bedroom. The kitchen requires to be completely refitted, including new windows in the utility area. Again there are two bathrooms which require new sanitary ware. Upstairs again there is a spacious roof terrace, with panoramic views of the town and the city of Orihuela nearby. Bigastro is a large traditional Spanish town, with a mix of traditional and modern buildings. The main activity is farming, with extensive olive, citrus and almond groves. It is located approximately 30 minutes from the southern Costa Blanca coastline, with a wide selection of Blue Flag beaches. Just a few kilometres from the town there is the city of Orihuela with it s beautiful medieval centre. This is an excellent investment opportunity and offers are invited. Contact me today for more information and to arrange a viewing.
This is a large building set in the centre of the busy town of Bigastro, and it offers an ideal opportunity for investment. The building comprises a large garage on the ground floor, a three bedroom, two bathroom apartment on the first floor, a three bedroom, two bathroom apartment on the second floor, and a large rooftop solarium with excellent views of the town and the city of Orihuela nearby. There is no lift in the building. The ground floor comprises a large garage, with an electric door, which would be suitable for a variety of businesses. There is a small room to the rear and a toilet, and this area totals 82.74m2, with 72.04m2 usable space. The residential part of the building is accessed through a large doorway which opens out to an impressive hallway. The first floor apartment comprises 129.69m2, with 91.43m2 of usable space. This apartment is in good condition and has an entrance hallway leading through double doors to a very large bright lounge with access to a small terrace. There are two double bedrooms which also share this terrace, and one comes complete with fitted wardrobes. To the rear there is a third bedroom. There is a large independent kitchen which leads to a utility area, and there are two bathrooms. The bathrooms require new sanitary ware but this apartment is in good condition throughout. Upstairs there is a second apartment, which is of the same size. Again, this apartment has an entrance hall, a spacious lounge and two bedrooms to the front of the apartment, each leading onto a small terrace. To the rear there is a third bedroom. The kitchen requires to be completely refitted, including new windows in the utility area. Again there are two bathrooms which require new sanitary ware. Upstairs again there is a spacious roof terrace, with panoramic views of the town and the city of Orihuela nearby. Bigastro is a large traditional Spanish town, with a mix of traditional and modern buildings. The main activity is farming, with extensive olive, citrus and almond groves. It is located approximately 30 minutes from the southern Costa Blanca coastline, with a wide selection of Blue Flag beaches. Just a few kilometres from the town there is the city of Orihuela with it s beautiful medieval centre. This is an excellent investment opportunity and offers are invited. Contact me today for more information and to arrange a viewing.
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Currency Exchange
Bigastro, Alicante, Spain, 03380
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 €239,000 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 |
|---|---|---|---|
| €239,000 | £198,819 | £205,688 | £6,869 |
| Property Price € | €239,000 |
| Minimum cost in the last six months | £198,819 |
| Maximum cost in the last six months | £205,688 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,869 |
Bigastro, Alicante, Spain, 03380
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 €239,000 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 |
|---|---|---|---|
| €239,000 | £198,819 | £205,688 | £6,869 |
| Property Price € | €239,000 |
| Minimum cost in the last six months | £198,819 |
| Maximum cost in the last six months | £205,688 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,869 |
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 £6,869 more.
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