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Deceptively spacious house in the Santa Catalina district of Pinoso
Pinoso, Alicante, Spain
REF: 557167
€156,000
Description
Deceptively spacious house in the Santa Catalina district of Pinoso. It has an unusual design, a modern building built in 2007 links to a traditional renovated townhouse. The modern building consists of a huge garage with electric door. Above the garage is a large room, which could be another bedroom or living room. A patio behind leads up to the traditional part of the house. There is a bedroom upstairs and a further bedroom downstairs. The property has a modern fitted kitchen leading to the living room. The property was built/renovated several years ago, but never lived in. Good quality materials were used in the renovation work. There are things around the property that need finishing off, the owner will do most of this work when a buyer is found. The townhouse has mains water, electric and drains.
Deceptively spacious house in the Santa Catalina district of Pinoso. It has an unusual design, a modern building built in 2007 links to a traditional renovated townhouse. The modern building consists of a huge garage with electric door. Above the garage is a large room, which could be another bedroom or living room. A patio behind leads up to the traditional part of the house. There is a bedroom upstairs and a further bedroom downstairs. The property has a modern fitted kitchen leading to the living room. The property was built/renovated several years ago, but never lived in. Good quality materials were used in the renovation work. There are things around the property that need finishing off, the owner will do most of this work when a buyer is found. The townhouse has mains water, electric and drains.
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Currency Exchange
Pinoso, 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 | £128,528 | £134,074 | £5,546 |
| Property Price € | €156,000 |
| Minimum cost in the last six months | £128,528 |
| 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 | £5,546 |
Pinoso, 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 | £128,528 | £134,074 | £5,546 |
| Property Price € | €156,000 |
| Minimum cost in the last six months | £128,528 |
| 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 | £5,546 |
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 £5,546 more.
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