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Rustic property of 46,816 m2 (the minimum to build a legal home is 10,000 m2) with a house to reform and more than enough water supply to irrigate it all
Callosa De Segura, Alicante (Costa Blanca), Spain
REF: 707136
€260,000
Description
Rustic property of 46,816 m2 (the minimum to build a legal home is 10,000 m2) with a house to reform and more than enough water supply to irrigate it all. Located 3 km from the center of Callosa de Segura and Cox, with all services. Recreational farm, to live and or spend seasonsAgrobusiness operation. With provision of water to plant the typical crops of the garden: citrus fruits, vegetables, greens...House - Rural hotel: By reforming the house, a very profitable business could be carried out, taking into account, above all, that the pandemic has modified the preferences of tourists for this type of accommodation in the countryside. The constructed area could be expanded because a buildable area of 2% of the land is allowed (almost 1000 m2) and there are only 100 m2 in the existing house.A few minutes from the Callosa mountain, with hiking trails, trekking, its via ferrata, etc. Also near the monumental historic center of the city of Orihuela.25 minutes from the beaches (Guardamar, La Mata, Orihuela Costa) and less than an hour from Alicante airport.It has 2 accesses by car and is close to other houses.Excellent views of the mountains and the orchard landscape of Vega Baja.
Rustic property of 46,816 m2 (the minimum to build a legal home is 10,000 m2) with a house to reform and more than enough water supply to irrigate it all. Located 3 km from the center of Callosa de Segura and Cox, with all services. Recreational farm, to live and or spend seasonsAgrobusiness operation. With provision of water to plant the typical crops of the garden: citrus fruits, vegetables, greens...House - Rural hotel: By reforming the house, a very profitable business could be carried out, taking into account, above all, that the pandemic has modified the preferences of tourists for this type of accommodation in the countryside. The constructed area could be expanded because a buildable area of 2% of the land is allowed (almost 1000 m2) and there are only 100 m2 in the existing house.A few minutes from the Callosa mountain, with hiking trails, trekking, its via ferrata, etc. Also near the monumental historic center of the city of Orihuela.25 minutes from the beaches (Guardamar, La Mata, Orihuela Costa) and less than an hour from Alicante airport.It has 2 accesses by car and is close to other houses.Excellent views of the mountains and the orchard landscape of Vega Baja.
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Currency Exchange
Callosa De Segura, Alicante (Costa Blanca), 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
Callosa De Segura, Alicante (Costa Blanca), 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 €260,000 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 |
|---|---|---|---|
| €260,000 | £216,289 | £223,761 | £7,472 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £216,289 |
| Maximum cost in the last six months | £223,761 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,472 |
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 £7,472 more.
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