The land is situated on the South side of Lake Pedrera and is accessed by a shared access road

Torremendo, Alicante, Spain

For Sale

€130,000

REF: 343397 €130,000


32688 m2

Description

The land is situated on the South side of Lake Pedrera and is accessed by a shared access road. It is approximately 20 minutes on foot to the heart of Torremendo village. Torremendo lies 70km South of Alicante airport and is a short drive from the AP-7 motorway. Google map location: https://maps.app.goo.gl/wy7QLmJ8hvNsk8sb7 There are a number of residential dwellings built around the lake, one of the more famous ones being featured on the hit TV show Grand Designs .

Description: Plot of Approx 33.688sqm. The area of land is described as Rustic and upon last inspection was clear of any buildings or occupants. Planning permission would need to be applied for by the buying party. Based on the townhall regulations and similar properties built in the area, it could be possible to construct 1 residential dwelling.

The property must not exceed a build size of more than 653sqm (2% of the land size). The property must not exceed 2 storeys. The area has certain restrictions with regards to operations that can be carried out on the lake including no motorboats or swimming. Fishing may be granted but permission would need to be requested at the local townhall of Orihuela.

Ground formation: We are unable to provide any information on the ground composition. Utilities: Currently the site has no electricity or water connected. Many nearby homes rely on solar energy and have water storage tanks in place, helping them manage their resources effectively. Legal Interests in the Land: No investigations have been carried out into the presence of third-party interests in the land and the purpose of this report, it assumed that there are none.

Remarks: It would appear that, provided that there are no legal encumbrances, technical difficulties or planning objections, the main part of the site could reasonably accommodate a large private dwelling with exceptional views overlooking the lake. Note: The information in this report has been provided to the best of our knowledge but cannot be relied upon as a basis of any form of legal contract or commitment.

Situated in the scenic landscapes of the Spanish province of Alicante, Torremendo is a small village with a rich history and cultural significance. While it may not feature extensively in travel guides, its relevance lies in the blend of natural beauty and traditional lifestyle, making it an attractive destination for those seeking an authentic Spanish experience.

The wonderful sandy beaches of the Orihuela Costa are just a 20 minute drive away as are a variety of golf courses. The village offers everything you need in terms of amenities including shops bars and restaurants. Disclaimer: The information provided within the sales particulars, while regarded as correct, serves as a general reference and does not create any offer or contractual obligations.

Prospective buyers should not rely on the particulars as statements of representation of fact and should verify through personal inspections and legal checks. Any furniture, electrical appliances, white goods, or air conditioning units that accompany the sale are offered as pre-owned items without warranties. Images included are for informational purposes only, and it should not be assumed that any depicted items are part of the sale with the property.
The land is situated on the South side of Lake Pedrera and is accessed by a shared access road. It is approximately 20 minutes on foot to the heart of Torremendo village. Torremendo lies 70km South of Alicante airport and is a short drive from the AP-7 motorway. Google map location: https://maps.app.goo.gl/wy7QLmJ8hvNsk8sb7 There are a number of residential dwellings built around the lake, one of the more famous ones being featured on the hit TV show Grand Designs .

Description: Plot of Approx 33.688sqm. The area of land is described as Rustic and upon last inspection was clear of any buildings or occupants. Planning permission would need to be applied for by the buying party. Based on the townhall regulations and similar properties built in the area, it could be possible to construct 1 residential dwelling.

The property must not exceed a build size of more than 653sqm (2% of the land size). The property must not exceed 2 storeys. The area has certain restrictions with regards to operations that can be carried out on the lake including no motorboats or swimming. Fishing may be granted but permission would need to be requested at the local townhall of Orihuela.

Ground formation: We are unable to provide any information on the ground composition. Utilities: Currently the site has no electricity or water connected. Many nearby homes rely on solar energy and have water storage tanks in place, helping them manage their resources effectively. Legal Interests in the Land: No investigations have been carried out into the presence of third-party interests in the land and the purpose of this report, it assumed that there are none.

Remarks: It would appear that, provided that there are no legal encumbrances, technical difficulties or planning objections, the main part of the site could reasonably accommodate a large private dwelling with exceptional views overlooking the lake. Note: The information in this report has been provided to the best of our knowledge but cannot be relied upon as a basis of any form of legal contract or commitment.

Situated in the scenic landscapes of the Spanish province of Alicante, Torremendo is a small village with a rich history and cultural significance. While it may not feature extensively in travel guides, its relevance lies in the blend of natural beauty and traditional lifestyle, making it an attractive destination for those seeking an authentic Spanish experience.

The wonderful sandy beaches of the Orihuela Costa are just a 20 minute drive away as are a variety of golf courses. The village offers everything you need in terms of amenities including shops bars and restaurants. Disclaimer: The information provided within the sales particulars, while regarded as correct, serves as a general reference and does not create any offer or contractual obligations.

Prospective buyers should not rely on the particulars as statements of representation of fact and should verify through personal inspections and legal checks. Any furniture, electrical appliances, white goods, or air conditioning units that accompany the sale are offered as pre-owned items without warranties. Images included are for informational purposes only, and it should not be assumed that any depicted items are part of the sale with the property.
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Property on Map

#CM3398

Currency Exchange

Torremendo, 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 €130,000 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
€130,000 £108,144 £111,881 £3,736
Property Price € €130,000
Minimum cost in the last six months £108,144
Maximum cost in the last six months £111,881
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,736

Torremendo, 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 €130,000 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
€130,000 £108,144 £111,881 £3,736
Property Price € €130,000
Minimum cost in the last six months £108,144
Maximum cost in the last six months £111,881
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,736

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 £3,736 more.

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