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This spacious townhouse is located in La Solana hamlet
Alguena, Alicante, Spain
REF: 207843
€156,000
Description
This spacious townhouse is located in La Solana hamlet. It has 5 bedrooms, 2 bathrooms, a big kitchen and lounge with fireplace and two dining rooms. It also benefits from a big patio and a huge garage that could be easily turned into a pool and a smaller garage. It's at just 10 minutes drive from the affluent town of Pinoso and it has beautiful views of the countryside. Algue a is situated about miles from the town of Pinoso, although it is a smaller town it is well serviced with banks, shops, supermarkets and restaurants. There is a large and busy market every Sunday. Algue a was linked to the municipality of Pinoso until 1934, although it previously already had an independent parish. In this year it obtained municipal independence due to the strong demographic growth experience during the last years of the 19th and beginnings of the 20th centuries (the 1900 census showed a figure of 1,953 inhabitants). Beginning in the 1950s, there was a slow regression until 2005, when Algue a had 1,501 inhabitants. Algue a is on the Alicante wine route and has its own large bodega on the road to Pinoso. The bodega is open Monday to Saturday 9 am until 2 pm.
This spacious townhouse is located in La Solana hamlet. It has 5 bedrooms, 2 bathrooms, a big kitchen and lounge with fireplace and two dining rooms. It also benefits from a big patio and a huge garage that could be easily turned into a pool and a smaller garage. It's at just 10 minutes drive from the affluent town of Pinoso and it has beautiful views of the countryside. Algue a is situated about miles from the town of Pinoso, although it is a smaller town it is well serviced with banks, shops, supermarkets and restaurants. There is a large and busy market every Sunday. Algue a was linked to the municipality of Pinoso until 1934, although it previously already had an independent parish. In this year it obtained municipal independence due to the strong demographic growth experience during the last years of the 19th and beginnings of the 20th centuries (the 1900 census showed a figure of 1,953 inhabitants). Beginning in the 1950s, there was a slow regression until 2005, when Algue a had 1,501 inhabitants. Algue a is on the Alicante wine route and has its own large bodega on the road to Pinoso. The bodega is open Monday to Saturday 9 am until 2 pm.
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Currency Exchange
Alguena, 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 €156,000 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 |
|---|---|---|---|
| €156,000 | £129,216 | £134,074 | £4,858 |
| Property Price € | €156,000 |
| Minimum cost in the last six months | £129,216 |
| Maximum cost in the last six months | £134,074 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,858 |
Alguena, 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 €156,000 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 |
|---|---|---|---|
| €156,000 | £129,216 | £134,074 | £4,858 |
| Property Price € | €156,000 |
| Minimum cost in the last six months | £129,216 |
| Maximum cost in the last six months | £134,074 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,858 |
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 £4,858 more.
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