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This spectacular newly built residential complex is located in El Albir, one of the residential areas of La Marina Baixa
Albir, Alicante, Spain, 03581
REF: 600558
€580,000
Description
This spectacular newly built residential complex is located in El Albir, one of the residential areas of La Marina Baixa. The complex is made up of 3 buildings with apartments of different types. A common pool and fantastic views of the beach and the Mediterranean Sea. A complete and modern residence with leisure areas and even a Co-Working space, a Yoga area, a Playroom and a cinema. A garden maintained since 1962 with approximately 1,000 trees and 15,000 plants. This project also has a license for tourist use, which provides the possibility of making the acquisition as an investment, transferring management to the community itself. The 3 and 4 bedroom apartments have a terrace and garden of different sizes. Their prices vary between 518,000 euros and 600,000 euros, and dimensions between 100 and 150 square meters. The terrace is located on the upper floor where there is a mezzanine space with an additional room.
This spectacular newly built residential complex is located in El Albir, one of the residential areas of La Marina Baixa. The complex is made up of 3 buildings with apartments of different types. A common pool and fantastic views of the beach and the Mediterranean Sea. A complete and modern residence with leisure areas and even a Co-Working space, a Yoga area, a Playroom and a cinema. A garden maintained since 1962 with approximately 1,000 trees and 15,000 plants. This project also has a license for tourist use, which provides the possibility of making the acquisition as an investment, transferring management to the community itself. The 3 and 4 bedroom apartments have a terrace and garden of different sizes. Their prices vary between 518,000 euros and 600,000 euros, and dimensions between 100 and 150 square meters. The terrace is located on the upper floor where there is a mezzanine space with an additional room.
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Currency Exchange
Albir, Alicante, Spain, 03581
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £498,481 | £20,619 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,619 |
Albir, Alicante, Spain, 03581
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £477,862 | £498,481 | £20,619 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £477,862 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,619 |
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 £20,619 more.
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