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Two town houses - 1 fully reformed, and 1 mostly reformed - B&B or investment potential
Sax, Alicante, Spain
REF: 823499
€154,950
Description
Two town houses - 1 fully reformed, and 1 mostly reformed - B&B or investment potential. We are proud to offer these two great investment potential townhouses.One if fully reformed, and key ready and fully refurbished, including a new roof. The second house is mostly reformed (needs the false ceilings putting in, and some painting and decorating, as well as exterior rendering). There is also a garage and on-street parking for another car.These would make for an excellent return on investment, as Sax is desperately in need to bed and breakfast or rental properties, and so you could rent out both, or live in one and rent the other property (they are next door to each other). Alternatively, this could be converted into a very large townhouse for an extended family. Sax currently doesn\'t allow rentals in rural areas, but as these are both urban, obtaining a tourist licence would be possible.Both houses have great views of the castle, and are in the old town area, full of charm and character, and walking distance to all the services of the town. The main house has central heating, central air conditioning and is in good order. The second house does require some finishing, but we can organise this for the buyers, if you wish. Sax is a thriving Spanish town with a nice Expat mix . It has excellent amenities, lots of shops, 50 +bars and restaurants, a theatre, indoor and outdoor swimming pools, parks, a beautifully restored castle, which is lit up at night, train and bus links with Alicante airport and the beaches in 30 mins
Two town houses - 1 fully reformed, and 1 mostly reformed - B&B or investment potential. We are proud to offer these two great investment potential townhouses.One if fully reformed, and key ready and fully refurbished, including a new roof. The second house is mostly reformed (needs the false ceilings putting in, and some painting and decorating, as well as exterior rendering). There is also a garage and on-street parking for another car.These would make for an excellent return on investment, as Sax is desperately in need to bed and breakfast or rental properties, and so you could rent out both, or live in one and rent the other property (they are next door to each other). Alternatively, this could be converted into a very large townhouse for an extended family. Sax currently doesn\'t allow rentals in rural areas, but as these are both urban, obtaining a tourist licence would be possible.Both houses have great views of the castle, and are in the old town area, full of charm and character, and walking distance to all the services of the town. The main house has central heating, central air conditioning and is in good order. The second house does require some finishing, but we can organise this for the buyers, if you wish. Sax is a thriving Spanish town with a nice Expat mix . It has excellent amenities, lots of shops, 50 +bars and restaurants, a theatre, indoor and outdoor swimming pools, parks, a beautifully restored castle, which is lit up at night, train and bus links with Alicante airport and the beaches in 30 mins
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Currency Exchange
Sax, 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 €154,950 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 |
|---|---|---|---|
| €154,950 | £128,900 | £133,353 | £4,453 |
| Property Price € | €154,950 |
| Minimum cost in the last six months | £128,900 |
| Maximum cost in the last six months | £133,353 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,453 |
Sax, 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 €154,950 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 |
|---|---|---|---|
| €154,950 | £128,900 | £133,353 | £4,453 |
| Property Price € | €154,950 |
| Minimum cost in the last six months | £128,900 |
| Maximum cost in the last six months | £133,353 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,453 |
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 £4,453 more.
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