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This 3rd floor period apartment to renovate is within an historic building in the heart of Sitges
Sitges, Barcelona, Spain, 08870
REF: 675067
€570,000
Description
This 3rd floor period apartment to renovate is within an historic building in the heart of Sitges. Dating from the late 1800s it offers spectacular views of the town and sea and is part of the history of the town. Measuring 130m , the apartment is situated on the third floor of this iconic building in the centre of Sitges. There is currently no lift but there is space to install one should the residents wish to do so. The apartment has a very practical layout- entering the hallway, to the right is a modern fitted kitchen with spectacular views to the sea. The living-dining room occupies the corner of the property with fantastic views of the village, the clock tower and the central square - the heart of all local festivities. There is a fireplace and a good-sized balcony in this room. Next to the living-dining room is a bedroom currently used as an office and next to that a doorway leading to the night area of the property. In the sleeping area we find two double bedrooms to the right of the hallway and the master suite at the end of the hallway with air-conditioning and a terrace. Should the residents decide, it is possible to extend the building by another 70m per floor from this end of the property, providing a very interesting investment opportunity for the owner of each apartment. Moving to the left-hand side of the hallway we come to a modern bathroom, a laundry room and a second bathroom with a shower. Upstairs there is a communal terrace with sea views. The property would benefit from renovation and provides a unique investment opportunity in a very special location.
This 3rd floor period apartment to renovate is within an historic building in the heart of Sitges. Dating from the late 1800s it offers spectacular views of the town and sea and is part of the history of the town. Measuring 130m , the apartment is situated on the third floor of this iconic building in the centre of Sitges. There is currently no lift but there is space to install one should the residents wish to do so. The apartment has a very practical layout- entering the hallway, to the right is a modern fitted kitchen with spectacular views to the sea. The living-dining room occupies the corner of the property with fantastic views of the village, the clock tower and the central square - the heart of all local festivities. There is a fireplace and a good-sized balcony in this room. Next to the living-dining room is a bedroom currently used as an office and next to that a doorway leading to the night area of the property. In the sleeping area we find two double bedrooms to the right of the hallway and the master suite at the end of the hallway with air-conditioning and a terrace. Should the residents decide, it is possible to extend the building by another 70m per floor from this end of the property, providing a very interesting investment opportunity for the owner of each apartment. Moving to the left-hand side of the hallway we come to a modern bathroom, a laundry room and a second bathroom with a shower. Upstairs there is a communal terrace with sea views. The property would benefit from renovation and provides a unique investment opportunity in a very special location.
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Currency Exchange
Sitges, Barcelona, Spain, 08870
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 €570,000 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 |
|---|---|---|---|
| €570,000 | £472,137 | £489,887 | £17,750 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £472,137 |
| Maximum cost in the last six months | £489,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,750 |
Sitges, Barcelona, Spain, 08870
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 €570,000 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 |
|---|---|---|---|
| €570,000 | £472,137 | £489,887 | £17,750 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £472,137 |
| Maximum cost in the last six months | £489,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,750 |
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 £17,750 more.
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