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A large plot of arable land that is perfect for an investor to purchase and reform
Elche, Alicante, Spain
REF: 179221
€550,000
Description
A large plot of arable land that is perfect for an investor to purchase and reform. The country already has three independent chalets on the property, two of the chalets are newly built and finished to a good standard with a nice traditional rustic theme. The third chalet requires total reform.In Elche, in the province of Alicante, with a wonderful panoramic view of the mountains. A very calm and quiet area, perfect for someone who is looking for a relaxing and peaceful place. However, it is only a short drive to the main area of Elche with its wide range of shopping centers, cinemas and much more that this city has to offer.The chalets are built of stone and solid brick and consist of the following parts: -Chalet 1 - 4 bedrooms on one level with fitted wardrobes, two marble bathrooms up to the ceiling, a huge 50m2 fully equipped kitchen made of oak and a marble top, living room with fireplace and two verandas. The doors of the chalet are kept in a Castilian style, the main entrance door is armored. Double glazing in the outside area and air conditioning. Other advantages include a 6x12 meter pool, dog kennels and the enclosed garden of 3,000m2 was covered with red gravel for little maintenance.Chalet 2 - 3 bedrooms on one level, two bathrooms, kitchen, living room with fireplace and a front porch where you can enjoy pleasant evenings. Here, too, the chalet was fenced with a 3,000 m2 plot, the same doors and double glazing.Just a short drive to Elche city center, 23 km from Alicante airport and 25 km to the local sandy beaches of Santa Pola and Arenals del sol of Alicante.We are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas. We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004. We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home. With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest.
A large plot of arable land that is perfect for an investor to purchase and reform. The country already has three independent chalets on the property, two of the chalets are newly built and finished to a good standard with a nice traditional rustic theme. The third chalet requires total reform.In Elche, in the province of Alicante, with a wonderful panoramic view of the mountains. A very calm and quiet area, perfect for someone who is looking for a relaxing and peaceful place. However, it is only a short drive to the main area of Elche with its wide range of shopping centers, cinemas and much more that this city has to offer.The chalets are built of stone and solid brick and consist of the following parts: -Chalet 1 - 4 bedrooms on one level with fitted wardrobes, two marble bathrooms up to the ceiling, a huge 50m2 fully equipped kitchen made of oak and a marble top, living room with fireplace and two verandas. The doors of the chalet are kept in a Castilian style, the main entrance door is armored. Double glazing in the outside area and air conditioning. Other advantages include a 6x12 meter pool, dog kennels and the enclosed garden of 3,000m2 was covered with red gravel for little maintenance.Chalet 2 - 3 bedrooms on one level, two bathrooms, kitchen, living room with fireplace and a front porch where you can enjoy pleasant evenings. Here, too, the chalet was fenced with a 3,000 m2 plot, the same doors and double glazing.Just a short drive to Elche city center, 23 km from Alicante airport and 25 km to the local sandy beaches of Santa Pola and Arenals del sol of Alicante.We are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas. We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004. We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home. With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest.
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Currency Exchange
Elche, Alicante, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Elche, Alicante, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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