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12,441m2 farm in Raiguero de Bonanza, Orihuela
Orihuela, Alicante, Spain
REF: 820370
€850,000
Description
12,441m2 farm in Raiguero de Bonanza, Orihuela. This enormous estate sits on 12,441 m2 of land and is located in Raiguero de Bonanza, Orihuela district (Alicante), located 2 km from the city. Located on the slopes 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 center of the district, buildable on two floors plus a garage and attic, 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 at noon. Between 30 and 32 semi-detached houses can be built, each of them 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 asphalt and sewage, drinking water, electricity and telephone services.
- A beautiful house of 431 m2. This house has seven rooms, two living rooms, two balconies, a kitchen, a bathroom, a patio, a storage room and a chapel.
- Infrastructure (well, 2 ponds, etc.).
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.
20 km from Murcia Capital, 30 km from the beaches of Orihuela Costa, Torrevieja and Guardamar, and 60 km from Alicante international airport.
12,441m2 farm in Raiguero de Bonanza, Orihuela. This enormous estate sits on 12,441 m2 of land and is located in Raiguero de Bonanza, Orihuela district (Alicante), located 2 km from the city. Located on the slopes 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 center of the district, buildable on two floors plus a garage and attic, 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 at noon. Between 30 and 32 semi-detached houses can be built, each of them 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 asphalt and sewage, drinking water, electricity and telephone services.
- A beautiful house of 431 m2. This house has seven rooms, two living rooms, two balconies, a kitchen, a bathroom, a patio, a storage room and a chapel.
- Infrastructure (well, 2 ponds, etc.).
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.
20 km from Murcia Capital, 30 km from the beaches of Orihuela Costa, Torrevieja and Guardamar, and 60 km from Alicante international airport.
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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 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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