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Impressive town house in small village with large bodega and poolThis pretty and impressive property situated on a plot of 1171m2 is located in the tranquil village of Torre Del Rico, just a few paces from the local bar and restaurant and just 10km from the town of Pinoso, reknowned for being one of
Torre Del Rico, Alicante, Spain
REF: 790490
€299,995
Description
Impressive town house in small village with large bodega and poolThis pretty and impressive property situated on a plot of 1171m2 is located in the tranquil village of Torre Del Rico, just a few paces from the local bar and restaurant and just 10km from the town of Pinoso, reknowned for being one of the wealthiest towns in Spain.Pinoso has schools from pre-school up to secondary school, gym's, swimming pools, football pitches, tennis courts etc and also supermarkets, doctor's, dentists, local shops, a twice weekly market and around 50 bars/restaurants. Here is a brief overview of Casa Blanca which is currently circa 280m2 in build size and offers:5 bedrooms1 kitchen1 wood stove1 bathroom2 living rooms, both with fireplaceSwimming poolToilet with access from the poolGarageThere is also a Bodega of about 300m2.The upper part of the house can be used to create an additional 340m2 of living space.There is also the possibility of purchasing two plots of land with different deeds.One of 13,000 meters of irrigation. (priced separately)Another of 29,000 meters of dryland with about 30 active olive trees and some almond trees. (priced separately)Note that there is the possibility of purchasing water shares for irrigation.
Impressive town house in small village with large bodega and poolThis pretty and impressive property situated on a plot of 1171m2 is located in the tranquil village of Torre Del Rico, just a few paces from the local bar and restaurant and just 10km from the town of Pinoso, reknowned for being one of the wealthiest towns in Spain.Pinoso has schools from pre-school up to secondary school, gym's, swimming pools, football pitches, tennis courts etc and also supermarkets, doctor's, dentists, local shops, a twice weekly market and around 50 bars/restaurants. Here is a brief overview of Casa Blanca which is currently circa 280m2 in build size and offers:5 bedrooms1 kitchen1 wood stove1 bathroom2 living rooms, both with fireplaceSwimming poolToilet with access from the poolGarageThere is also a Bodega of about 300m2.The upper part of the house can be used to create an additional 340m2 of living space.There is also the possibility of purchasing two plots of land with different deeds.One of 13,000 meters of irrigation. (priced separately)Another of 29,000 meters of dryland with about 30 active olive trees and some almond trees. (priced separately)Note that there is the possibility of purchasing water shares for irrigation.
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Currency Exchange
Torre Del Rico, 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 €299,995 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 |
|---|---|---|---|
| €299,995 | £248,489 | £257,831 | £9,342 |
| Property Price € | €299,995 |
| Minimum cost in the last six months | £248,489 |
| Maximum cost in the last six months | £257,831 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,342 |
Torre Del Rico, 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 €299,995 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 |
|---|---|---|---|
| €299,995 | £248,489 | £257,831 | £9,342 |
| Property Price € | €299,995 |
| Minimum cost in the last six months | £248,489 |
| Maximum cost in the last six months | £257,831 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,342 |
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 £9,342 more.
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