Property information: This is a great investment property,fully renovated townhouse (western Standard) in a conservation area

Cocentaina, Alicante, Spain

For Sale

€160,000

REF: 493120 €160,000


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Description

Property information: This is a great investment property,fully renovated townhouse (western Standard) in a conservation area. The property could be used either as a permanent residence or as a holiday home. There is parking available in front of the property along with a small car park for residences close by.

The property is being sold as a townhouse even though it has already been split into three flats (apartments) new owners will have to submit paperwork depending on how they want to use the property as there are few options available. The property also comes fully furnished Shared downstairs entrance to all apartments, courtyard, terrace and laundry room.

Apt1 (Studio): Split into two rooms, kitchenette with breakfast bar/lounge separate bedroom and en-suite bathroom. Apt2 (Flat): Split into four rooms, lounge/dinning room, separate bedroom and kitchen with its own bathroom. Apt3 (Flat): Upstairs apartment accessible from the courtyard via stairs.

There is a terrace and access to shared laundry room. This apartment is split into five rooms, two bedrooms, lounge/dinning room and kitchen with its own bathroom. The property would be suitable for a large family, but can sleep 8 people if/when holiday letting. Other information: No.

of Beds: 4 No. of Reception Rooms: 3 Floor Space (metres squared): 167 Furnished: Furnished View: Mountain, Urban Orientation: North Distance from Sea: 45 mins Distance from Airport: 1 hour Distance from Golf: 45 mins Distance from Main Attraction: 1 hour About the area: The area is suitable for hiking, climbing, and mountain biking with a small ex-pat community.

It is a one hour drive from Alicante / Valencia airport and 40 minute drive to the Spanish beaches of El Campello, Gandia and one hour drive to tourist beaches Benidorm and Denia. It is a five minute walk to all amenities and the train station, and ideally situated to see ice caves, Palace of the Counts and Cocentaina Castle.

There are fantastic walking trails and mountain biking routes, or simply relax in a quaint historic town with lots of fiestas. Cocentaina is a town located in the comarca of Comtat, in the province of Alicante, Spain. The village is located between the mountainous Serra de Mariola national park and the Serpis River.

Cocentaina is ideally situated for both road and mountain biking. Many of the roads are used for training by professional teams, and several roads have been used by the Vuelta a España.
Property information: This is a great investment property,fully renovated townhouse (western Standard) in a conservation area. The property could be used either as a permanent residence or as a holiday home. There is parking available in front of the property along with a small car park for residences close by.

The property is being sold as a townhouse even though it has already been split into three flats (apartments) new owners will have to submit paperwork depending on how they want to use the property as there are few options available. The property also comes fully furnished Shared downstairs entrance to all apartments, courtyard, terrace and laundry room.

Apt1 (Studio): Split into two rooms, kitchenette with breakfast bar/lounge separate bedroom and en-suite bathroom. Apt2 (Flat): Split into four rooms, lounge/dinning room, separate bedroom and kitchen with its own bathroom. Apt3 (Flat): Upstairs apartment accessible from the courtyard via stairs.

There is a terrace and access to shared laundry room. This apartment is split into five rooms, two bedrooms, lounge/dinning room and kitchen with its own bathroom. The property would be suitable for a large family, but can sleep 8 people if/when holiday letting. Other information: No.

of Beds: 4 No. of Reception Rooms: 3 Floor Space (metres squared): 167 Furnished: Furnished View: Mountain, Urban Orientation: North Distance from Sea: 45 mins Distance from Airport: 1 hour Distance from Golf: 45 mins Distance from Main Attraction: 1 hour About the area: The area is suitable for hiking, climbing, and mountain biking with a small ex-pat community.

It is a one hour drive from Alicante / Valencia airport and 40 minute drive to the Spanish beaches of El Campello, Gandia and one hour drive to tourist beaches Benidorm and Denia. It is a five minute walk to all amenities and the train station, and ideally situated to see ice caves, Palace of the Counts and Cocentaina Castle.

There are fantastic walking trails and mountain biking routes, or simply relax in a quaint historic town with lots of fiestas. Cocentaina is a town located in the comarca of Comtat, in the province of Alicante, Spain. The village is located between the mountainous Serra de Mariola national park and the Serpis River.

Cocentaina is ideally situated for both road and mountain biking. Many of the roads are used for training by professional teams, and several roads have been used by the Vuelta a España.
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#ES83530

Currency Exchange

Cocentaina, 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 €160,000 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
€160,000 £132,530 £137,512 £4,982
Property Price € €160,000
Minimum cost in the last six months £132,530
Maximum cost in the last six months £137,512
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,982

Cocentaina, 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 €160,000 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
€160,000 £132,530 £137,512 £4,982
Property Price € €160,000
Minimum cost in the last six months £132,530
Maximum cost in the last six months £137,512
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,982

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 £4,982 more.

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