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Grand detached restored finca, presented to a high standard inside with an excellent B&
Albaida, Alicante (Costa Blanca), Spain
REF: 708294
€450,000
Description
Grand detached restored finca, presented to a high standard inside with an excellent B&B business opportunity, occupying 650m built on a generous 54,800m fenced and gated land plot, situated 6min drive to the village of Albaida and within walking distance to the little village of Bufali. The main house is a two store building, downstairs you have an entrance hall, large sitting area with fireplace, nice lounge, 3 bedrooms, 2 bathrooms, large kitchen with pantry and utility, courtyard, large barbecue area. There is a large sunny covered terrace with stunning views at the front of this property. Upstairs you have an open space, currently used as a storage, which could easily accommodate more living space, like the large garage / storage area behind the main house, with the property having a potential of 10 bedrooms, 6 bathroom, 2 lounges and 2 kitchen. Benefits of mains water and electricity, air conditioning, central heating, alarm system and available internet connection. This property is complete with a nice swimming pool and a garden area. Excellent location in a slightly elevated position, with stunning views down the valley. This property would make for an ideal large family or b&b business, in this tranquil location, with no close neighbours, with a good road access.
Grand detached restored finca, presented to a high standard inside with an excellent B&B business opportunity, occupying 650m built on a generous 54,800m fenced and gated land plot, situated 6min drive to the village of Albaida and within walking distance to the little village of Bufali. The main house is a two store building, downstairs you have an entrance hall, large sitting area with fireplace, nice lounge, 3 bedrooms, 2 bathrooms, large kitchen with pantry and utility, courtyard, large barbecue area. There is a large sunny covered terrace with stunning views at the front of this property. Upstairs you have an open space, currently used as a storage, which could easily accommodate more living space, like the large garage / storage area behind the main house, with the property having a potential of 10 bedrooms, 6 bathroom, 2 lounges and 2 kitchen. Benefits of mains water and electricity, air conditioning, central heating, alarm system and available internet connection. This property is complete with a nice swimming pool and a garden area. Excellent location in a slightly elevated position, with stunning views down the valley. This property would make for an ideal large family or b&b business, in this tranquil location, with no close neighbours, with a good road access.
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Currency Exchange
Albaida, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £386,753 | £15,998 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,998 |
Albaida, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £386,753 | £15,998 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,998 |
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 £15,998 more.
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