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This Finca is located on a plot of 9,000 m2, with numerous orange and lemon trees, mandarin and fig trees
Heredades, Alicante, Spain
REF: 824631
€285,000
Description
This Finca is located on a plot of 9,000 m2, with numerous orange and lemon trees, mandarin and fig trees. This Finca has numerous possibilities for further expansion. The barn on the adjacent property can be converted into a separate guest apartment. There are 4 bedrooms, 3 of which are equipped with air conditioning. In the living room there is a large fireplace, hot water heated by gas and as a backup this can be switched to electricity. The Finca is completely fenced and closed with an entrance gate and secured by an alarm system from Securitas. As this Finca is located in the middle of the property, you can enjoy great privacy at the swimming pool and on the roof solarium. The house is also equipped with solar panels with charging batteries, which provide the house with electricity in the absence. Rented for 3 years more for 800 by month!
This Finca is located on a plot of 9,000 m2, with numerous orange and lemon trees, mandarin and fig trees. This Finca has numerous possibilities for further expansion. The barn on the adjacent property can be converted into a separate guest apartment. There are 4 bedrooms, 3 of which are equipped with air conditioning. In the living room there is a large fireplace, hot water heated by gas and as a backup this can be switched to electricity. The Finca is completely fenced and closed with an entrance gate and secured by an alarm system from Securitas. As this Finca is located in the middle of the property, you can enjoy great privacy at the swimming pool and on the roof solarium. The house is also equipped with solar panels with charging batteries, which provide the house with electricity in the absence. Rented for 3 years more for 800 by month!
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Currency Exchange
Heredades, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £236,068 | £244,943 | £8,875 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £236,068 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,875 |
Heredades, 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 €285,000 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 |
|---|---|---|---|
| €285,000 | £236,068 | £244,943 | £8,875 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £236,068 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,875 |
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 £8,875 more.
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