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A South Facing, Two Bedroom Detached Villa in Montemar, a popular residential area just a stones throw from the La Finca Hotel and Golf Resort
Algorfa, Alicante, Spain
REF: 787512
€164,950
Description
A South Facing, Two Bedroom Detached Villa in Montemar, a popular residential area just a stones throw from the La Finca Hotel and Golf Resort. There are a variety of bars, restaurants and shops approximately a 5 10 minute walk; Algorfa town a couple of minutes by car; Quesada and Benijofar where you will find major amenities 5 10 minutes. The villa all on one level benefits from a glazed in terrace, ideal relax room to enjoy the winter sun, leading into the spacious lounge area with air con, corner feature fireplace with log burner and a wide arch into the dining area which has an archway into the fitted kitchen with utility off; two double bedrooms with fitted wardrobes, ceiling fans, master with en suite modern shower room; further family shower room. External stairs provide access up to the private roof top solarium. There is off road parking, planted borders to the front, and side access. This home has been well maintained by the present owners and includes a store room plus the added benefit of under floor heating in one shower room.
A South Facing, Two Bedroom Detached Villa in Montemar, a popular residential area just a stones throw from the La Finca Hotel and Golf Resort. There are a variety of bars, restaurants and shops approximately a 5 10 minute walk; Algorfa town a couple of minutes by car; Quesada and Benijofar where you will find major amenities 5 10 minutes. The villa all on one level benefits from a glazed in terrace, ideal relax room to enjoy the winter sun, leading into the spacious lounge area with air con, corner feature fireplace with log burner and a wide arch into the dining area which has an archway into the fitted kitchen with utility off; two double bedrooms with fitted wardrobes, ceiling fans, master with en suite modern shower room; further family shower room. External stairs provide access up to the private roof top solarium. There is off road parking, planted borders to the front, and side access. This home has been well maintained by the present owners and includes a store room plus the added benefit of under floor heating in one shower room.
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Currency Exchange
Algorfa, 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 €164,950 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 |
|---|---|---|---|
| €164,950 | £136,630 | £141,766 | £5,137 |
| Property Price € | €164,950 |
| Minimum cost in the last six months | £136,630 |
| Maximum cost in the last six months | £141,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,137 |
Algorfa, 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 €164,950 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 |
|---|---|---|---|
| €164,950 | £136,630 | £141,766 | £5,137 |
| Property Price € | €164,950 |
| Minimum cost in the last six months | £136,630 |
| Maximum cost in the last six months | £141,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,137 |
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 £5,137 more.
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