FANTASTIC OPPORTUNITY! 12,441 m2 FINCA for sale in Raiguero de Bonanza, Orihuela, Alicante, located 2 km from the city

Orihuela, Alicante, Spain

For Sale

€850,000

REF: 802115 €850,000

Bedrooms
7

Bathrooms
1

Floor Size
431 m²

Plot Size
12441 m²

Description

FANTASTIC OPPORTUNITY! 12,441 m2 FINCA for sale in Raiguero de Bonanza, Orihuela, Alicante, located 2 km from the city. Location in the foothills of the Sierra de Orihuela, a non-flood area, with beautiful views of the Vega del Segura and the surr...

FANTASTIC OPPORTUNITY! 12,441 m2 FINCA for sale in Raiguero de Bonanza, Orihuela, Alicante, located 2 km from the city. Location in the foothills of the Sierra de Orihuela, a non-flood area, with beautiful views of the Vega del Segura and the surrounding mountains. The property includes: - 3,488 m2 of residential urban land in the core of the district, buildable on two floors plus basement and loft, with 100% occupation of the land for the construction of semi-detached homes, and 40% for the construction of detached homes.

Orientation of building plots is East. 30 semi-detached houses can be built, each on a plot of 6 meters in front and about 18 meters deep. - 1,133 m2 of urban land destined for roads. - 7,451 m2 of rustic land, which borders the urban area of the district and has paving and sewage services in streets, drinking water, electricity, and telephone.

In the consultative document of the project of the new General Urban Planning Plan of Orihuela, a proposal for expanding the urban land in Rincón de Bonanza is reflected, which affects this rustic land of the property. - 369 m2 of urban residential land, located as an enclave in the rustic land, occupied by a beautiful house of 431 m2 built.

This house has seven bedrooms, two living rooms, two verandas, a kitchen, a bathroom, a patio, a warehouse and a hermitage. - Infrastructure (well, 2 ponds, etc.). Right to use 10,000 m3/year of water from the well for irrigation of the entire property. The property is entirely surrounded by semi-detached houses and individual chalets, built on both urban and rural land. Raiguero de Bonanza is a district of Orihuela with a population of about 1,400 inhabitants, but with all the necessary services, such as supermarkets, schools, hairdressers, banks, cafes, church, pharmacy, medical center, urban transport, etc. The farm is located at a distance of just 2 km from the city of Orihuela, 20 km from Murcia Capital, 30 km from the beaches of Orihuela Costa, Torrevieja and Guardamar, and 60 km from the Alicante international airport, from the that there are regular flights to all of Europe. This FINCA is a possible investment for: - Promoters and builders. - Rural hotel - Celebration room. - Camping. - Etc.

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Property on Map

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Currency Exchange

Orihuela, 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 €850,000 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
€850,000	£700,315	£720,826	£20,511

Property Price €	€850,000
Minimum cost in the last six months	£700,315
Maximum cost in the last six months	£720,826
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£20,511

Orihuela, 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 €850,000 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
€850,000	£700,315	£720,826	£20,511

Property Price €	€850,000
Minimum cost in the last six months	£700,315
Maximum cost in the last six months	£720,826
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£20,511

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 £20,511 more.

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