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1 room villa for completing on 23,000m2 of land
Villena, Alicante, Spain
REF: 803032
€56,500
Description
1 room villa for completing on 23,000m2 of land. We are proud to offer this structure, ready to be converted fully into a home.With 23,000m2 of land. However, we have been informed by the town hall that this land is protected, and as such, you would, in theory, be able to complete the current structure and convert it into a home, however, you wouldn\'t be able to make any further constructions (so, no pool, you wouldn\'t be able to extend the property etc). This may change in the future, or, the town hall may allow for some works, but we are currently advertising this as protected, as this is the latest information we have from the town hall.The land also comes with 3 water action.The property has amazing views across the valley, and would make a fantastic project.
1 room villa for completing on 23,000m2 of land. We are proud to offer this structure, ready to be converted fully into a home.With 23,000m2 of land. However, we have been informed by the town hall that this land is protected, and as such, you would, in theory, be able to complete the current structure and convert it into a home, however, you wouldn\'t be able to make any further constructions (so, no pool, you wouldn\'t be able to extend the property etc). This may change in the future, or, the town hall may allow for some works, but we are currently advertising this as protected, as this is the latest information we have from the town hall.The land also comes with 3 water action.The property has amazing views across the valley, and would make a fantastic project.
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Currency Exchange
Villena, 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 €56,500 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 |
|---|---|---|---|
| €56,500 | £46,800 | £48,559 | £1,759 |
| Property Price € | €56,500 |
| Minimum cost in the last six months | £46,800 |
| Maximum cost in the last six months | £48,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,759 |
Villena, 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 €56,500 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 |
|---|---|---|---|
| €56,500 | £46,800 | £48,559 | £1,759 |
| Property Price € | €56,500 |
| Minimum cost in the last six months | £46,800 |
| Maximum cost in the last six months | £48,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,759 |
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 £1,759 more.
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