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On the gates of the traditional Spanish village of Almoradí, lies this magnificent finca, built by its current owner
Almoradí, Alicante, Spain
REF: 748510
€995,000
Description
On the gates of the traditional Spanish village of Almoradí, lies this magnificent finca, built by its current owner. The 1230 m2 property is surrounded by a cultivated field with approximately 400 olive and other fruit trees, and is distributed over two floors. It has a total of 11 rooms, 4 kitchens and seven bathrooms, as well as several storage areas.On the ground floor, we can find a large garage entrance, with space for several cars, as well as a huge work space, cold storage room, 2 bedrooms, living room and bathroom.Upstairs, a large gallery gives access to 3 independent flats. Each with its own living-dining room, toilet and 3 bedrooms, of which the master bedroom has an en-suite bathroom and dressing room. It is worth mentioning the marvellous carpentry in fir wood and stone clad walls.The entire perimeter of the 15,150m2 plot is enclosed by stone walls and railings. Outside, we will also find a large swimming pool which is currently empty and it is worth mentioning that the plantations enjoy a traditional flood irrigation system supplied by the Segura River.
On the gates of the traditional Spanish village of Almoradí, lies this magnificent finca, built by its current owner. The 1230 m2 property is surrounded by a cultivated field with approximately 400 olive and other fruit trees, and is distributed over two floors. It has a total of 11 rooms, 4 kitchens and seven bathrooms, as well as several storage areas.On the ground floor, we can find a large garage entrance, with space for several cars, as well as a huge work space, cold storage room, 2 bedrooms, living room and bathroom.Upstairs, a large gallery gives access to 3 independent flats. Each with its own living-dining room, toilet and 3 bedrooms, of which the master bedroom has an en-suite bathroom and dressing room. It is worth mentioning the marvellous carpentry in fir wood and stone clad walls.The entire perimeter of the 15,150m2 plot is enclosed by stone walls and railings. Outside, we will also find a large swimming pool which is currently empty and it is worth mentioning that the plantations enjoy a traditional flood irrigation system supplied by the Segura River.
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Currency Exchange
Almoradí, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
Almoradí, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
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 £28,596 more.
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