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Torrevieja Centro, Spain
REF: 762861
€255,000
Description
The house in question is a 194 square metre property located in the heart of the centre of Torrevieja, a town on the Mediterranean coast of Spain. This house represents a unique opportunity for investors, as it offers the possibility of building up to four additional floors, making it an attractive project for real estate development. For sale is a house with a total area of 194 square metres, located in a strategic and growing area. This property is ideal for investors looking to make the most of the space, as it has the possibility of being built up to 4 floors and gives the facility to buy or make a PERMUTE. The land allows for the construction of up to 4 floors, which gives great flexibility to develop a real estate project with multiple options, such as flats, offices or a commercial building. Investors will be able to maximise the potential of the property and adapt it to the demands of the current market. In addition, the property has a backyard that could be transformed into a common or recreational space for future residents or users of the building. The strategic location of the house provides easy access to public services, transport and commercial areas, which adds value to the investment. This property presents itself as a unique opportunity for investors looking to participate in urban development and maximise the building potential of the property. This description provides an overview of the house for sale, highlighting its key features and its potential for investors interested in real estate development. #ref:2780
The house in question is a 194 square metre property located in the heart of the centre of Torrevieja, a town on the Mediterranean coast of Spain. This house represents a unique opportunity for investors, as it offers the possibility of building up to four additional floors, making it an attractive project for real estate development. For sale is a house with a total area of 194 square metres, located in a strategic and growing area. This property is ideal for investors looking to make the most of the space, as it has the possibility of being built up to 4 floors and gives the facility to buy or make a PERMUTE. The land allows for the construction of up to 4 floors, which gives great flexibility to develop a real estate project with multiple options, such as flats, offices or a commercial building. Investors will be able to maximise the potential of the property and adapt it to the demands of the current market. In addition, the property has a backyard that could be transformed into a common or recreational space for future residents or users of the building. The strategic location of the house provides easy access to public services, transport and commercial areas, which adds value to the investment. This property presents itself as a unique opportunity for investors looking to participate in urban development and maximise the building potential of the property. This description provides an overview of the house for sale, highlighting its key features and its potential for investors interested in real estate development. #ref:2780
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Currency Exchange
Torrevieja Centro, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £211,219 | £219,160 | £7,941 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £211,219 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,941 |
Torrevieja Centro, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £211,219 | £219,160 | £7,941 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £211,219 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,941 |
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 £7,941 more.
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