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We are delighted to present a remarkable house as the centerpiece of our exclusive real estate offering: a unique opportunity that includes two adjoining plots of land, totaling 2,020 square meters, ideal for developing a luxurious and expansive villa
Altea, Alicante, Spain
REF: 818281
€598,000
Description
We are delighted to present a remarkable house as the centerpiece of our exclusive real estate offering: a unique opportunity that includes two adjoining plots of land, totaling 2,020 square meters, ideal for developing a luxurious and expansive villa. The current focus is the house located on the second plot, an 81 square meter structure that, while modest, underscores the potential for creating a singularly grand residence. There is an opportunity to unify both plots into an extraordinary estate of unparalleled scale and luxury. This house could be transformed into or replaced by a grand villa, designed with meticulous attention to cater to the most sophisticated tastes. With a southwest orientation, the property enjoys extended sunlight and offers breathtaking views of the sea to the south and majestic mountains to the west. The combined area not only promises a stunning setting for each day's sunset but also serves as a perfect canvas for a bespoke residence.
We are delighted to present a remarkable house as the centerpiece of our exclusive real estate offering: a unique opportunity that includes two adjoining plots of land, totaling 2,020 square meters, ideal for developing a luxurious and expansive villa. The current focus is the house located on the second plot, an 81 square meter structure that, while modest, underscores the potential for creating a singularly grand residence. There is an opportunity to unify both plots into an extraordinary estate of unparalleled scale and luxury. This house could be transformed into or replaced by a grand villa, designed with meticulous attention to cater to the most sophisticated tastes. With a southwest orientation, the property enjoys extended sunlight and offers breathtaking views of the sea to the south and majestic mountains to the west. The combined area not only promises a stunning setting for each day's sunset but also serves as a perfect canvas for a bespoke residence.
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Currency Exchange
Altea, 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 €598,000 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 |
|---|---|---|---|
| €598,000 | £497,464 | £514,651 | £17,187 |
| Property Price € | €598,000 |
| Minimum cost in the last six months | £497,464 |
| Maximum cost in the last six months | £514,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,187 |
Altea, 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 €598,000 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 |
|---|---|---|---|
| €598,000 | £497,464 | £514,651 | £17,187 |
| Property Price € | €598,000 |
| Minimum cost in the last six months | £497,464 |
| Maximum cost in the last six months | £514,651 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,187 |
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 £17,187 more.
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