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Amazing opportunity to buy 3 properties together
Monóvar, Alicante, Spain
REF: 335974
€849,950
Description
Amazing opportunity to buy 3 properties together. This could make a fantastic holiday village or for several families who want to live close to each other. The 3 buildings are situated walking distance from the town of Monovar. The total land size is 7,000m2 and 2 of the properties are fully reformed and ready to live in. The plot on which all the properties sits is at the end of a cul de sac and so there is no through road past the properties. House 1 is a 5 bedroom and 2 bathroom traditional country property. This house is fully furnished and ready to move into. Aircon in every room and a frieplace in the living room for the winter. This house is used as a rental. House 2 is an old traditional house which is in need of some TLC. The house is structurally sound but the interior is dated as the owner hasn't done much to it. A large conservatory was added to the front of the property which is used as an entertainment room, with a pool table a sofas around a log burner. This house has 3 (possible 4) bedrooms, 4 bathrooms, 1 large kitchen (dated) with an industrial walk-in freezer and a utility room to the rear of the house. House 3 is a small 1 bedroom studio located to the rear of House 1. The owner usually stays in this house while House 1 is rented out. The land is is well maintained with large palm and pine trees which offer some great shade from the hot sun. In the middle of the property is a large pool with chillout areas to the side and a room with a kitchen and bar. Next to the pool down some stairs is another building which has bathrooms, a bodega and a gym.
Amazing opportunity to buy 3 properties together. This could make a fantastic holiday village or for several families who want to live close to each other. The 3 buildings are situated walking distance from the town of Monovar. The total land size is 7,000m2 and 2 of the properties are fully reformed and ready to live in. The plot on which all the properties sits is at the end of a cul de sac and so there is no through road past the properties. House 1 is a 5 bedroom and 2 bathroom traditional country property. This house is fully furnished and ready to move into. Aircon in every room and a frieplace in the living room for the winter. This house is used as a rental. House 2 is an old traditional house which is in need of some TLC. The house is structurally sound but the interior is dated as the owner hasn't done much to it. A large conservatory was added to the front of the property which is used as an entertainment room, with a pool table a sofas around a log burner. This house has 3 (possible 4) bedrooms, 4 bathrooms, 1 large kitchen (dated) with an industrial walk-in freezer and a utility room to the rear of the house. House 3 is a small 1 bedroom studio located to the rear of House 1. The owner usually stays in this house while House 1 is rented out. The land is is well maintained with large palm and pine trees which offer some great shade from the hot sun. In the middle of the property is a large pool with chillout areas to the side and a room with a kitchen and bar. Next to the pool down some stairs is another building which has bathrooms, a bodega and a gym.
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Currency Exchange
Monóvar, 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 €849,950 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 |
|---|---|---|---|
| €849,950 | £704,022 | £730,490 | £26,467 |
| Property Price € | €849,950 |
| Minimum cost in the last six months | £704,022 |
| Maximum cost in the last six months | £730,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,467 |
Monóvar, 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 €849,950 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 |
|---|---|---|---|
| €849,950 | £704,022 | £730,490 | £26,467 |
| Property Price € | €849,950 |
| Minimum cost in the last six months | £704,022 |
| Maximum cost in the last six months | £730,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,467 |
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 £26,467 more.
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