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137-square-meter house located in the Sangonera la Seca district, five minutes from Alcantarilla, in a residential area with quick access to the highway
Sangonera la Seca, Costa Calida, Spain
REF: 684552
€140,000
Description
137-square-meter house located in the Sangonera la Seca district, five minutes from Alcantarilla, in a residential area with quick access to the highway. The house, fully legalized and in writing, is located on an independent farm of more than 2500 square meters with vehicular access through a paved road, fully fenced and planted with fruit trees and pine trees. The house needs a reform to be an ideal home and the fixed price has been made taking into account that it is a farm with a house on which a mortgage can be requested. It has electricity, a cistern and has Taibilla water rights. It is a farm with great potential, ideal for those who want to start a quiet life but one step away from important population centers with all services.
137-square-meter house located in the Sangonera la Seca district, five minutes from Alcantarilla, in a residential area with quick access to the highway. The house, fully legalized and in writing, is located on an independent farm of more than 2500 square meters with vehicular access through a paved road, fully fenced and planted with fruit trees and pine trees. The house needs a reform to be an ideal home and the fixed price has been made taking into account that it is a farm with a house on which a mortgage can be requested. It has electricity, a cistern and has Taibilla water rights. It is a farm with great potential, ideal for those who want to start a quiet life but one step away from important population centers with all services.
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Currency Exchange
Sangonera la Seca, Costa Calida, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
Sangonera la Seca, Costa Calida, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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