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We are proud to bring this stone-built finca to the market, currently being run as a Bed & Breakfast
Villena, Alicante, Spain
REF: 723821
€585,000
Description
We are proud to bring this stone-built finca to the market, currently being run as a Bed & Breakfast. This exceptionally large property has lots of original features, beautiful wooden beams throughout with high ceilings.As you enter the large front door you are greeted with a spacious hall and 2 large kitchens opposite each other, there are lots of entertainment rooms and also a built-in bodega. Upstairs there are very spacious 9 double bedrooms 4 bathrooms.Outside you have a large 12x7m swimming pool a beautiful well maintained gardens with lots of shade for those long summer days & evenings.The area of Las Vertudes is just a short 5-minute walk where you will find bars/restaurants and a very beautiful church. The city of Villena is just a 5-minute drive where 2 train stations run to all major cities, Alicante, Madrid, Valencia, etc. to name a few. This property is a one-off vintage design for either a business opportunity with an income of around 35-40k a year or it can be a large family home. The views are breathtaking but not yet very private and close to all amenities. Please watch our walkthrough video.
We are proud to bring this stone-built finca to the market, currently being run as a Bed & Breakfast. This exceptionally large property has lots of original features, beautiful wooden beams throughout with high ceilings.As you enter the large front door you are greeted with a spacious hall and 2 large kitchens opposite each other, there are lots of entertainment rooms and also a built-in bodega. Upstairs there are very spacious 9 double bedrooms 4 bathrooms.Outside you have a large 12x7m swimming pool a beautiful well maintained gardens with lots of shade for those long summer days & evenings.The area of Las Vertudes is just a short 5-minute walk where you will find bars/restaurants and a very beautiful church. The city of Villena is just a 5-minute drive where 2 train stations run to all major cities, Alicante, Madrid, Valencia, etc. to name a few. This property is a one-off vintage design for either a business opportunity with an income of around 35-40k a year or it can be a large family home. The views are breathtaking but not yet very private and close to all amenities. Please watch our walkthrough video.
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Currency Exchange
Villena, Alicante, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £486,650 | £503,463 | £16,813 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £486,650 |
| Maximum cost in the last six months | £503,463 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,813 |
Villena, Alicante, 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 €585,000 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 |
|---|---|---|---|
| €585,000 | £486,650 | £503,463 | £16,813 |
| Property Price € | €585,000 |
| Minimum cost in the last six months | £486,650 |
| Maximum cost in the last six months | £503,463 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,813 |
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 £16,813 more.
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