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We are pleased to present this property for sale, ideal for both residential use and for investors, given its ample building capacity in accordance with current urban planning regulations
La Nuc a, Alicante, Spain
REF: 828464
€720,000
Description
We are pleased to present this property for sale, ideal for both residential use and for investors, given its ample building capacity in accordance with current urban planning regulations. The property extends over a plot of 5,700 m , with 3,500 m of flat land, and is completely isolated from external views thanks to its private location and an electric gate that guarantees a secure and discreet access.
The complex is composed of two buildings. The main house, located on the first floor, has three bedrooms, two bathrooms, a fully equipped kitchen, a spacious living and dining room and a lovely glazed terrace, perfect for enjoying the surroundings all year round. The second floor offers an independent space currently used as a guest apartment, with its own bedroom and terrace, although it requires some cosmetic renovations to enhance its potential.
Separated by an elegant swimming pool, there is a modern guest house, recently built, which has three bedrooms, two bathrooms, living room, kitchen, and is equipped with underfloor heating and air conditioning, providing optimal comfort in any season of the year. In addition, this structure includes a professionally conditioned and insulated wine cellar, ideal for holding events, also with underfloor heating and ventilation system.
The property, with a total built area of 550 m , not only offers privacy and multiple amenities, but also presents an exceptional investment opportunity, as it allows for the construction of up to 10 additional bungalows of 100 m each, significantly expanding its value and future functionality. This is a unique opportunity to acquire an outstanding property in a privileged location.
We are pleased to present this property for sale, ideal for both residential use and for investors, given its ample building capacity in accordance with current urban planning regulations. The property extends over a plot of 5,700 m , with 3,500 m of flat land, and is completely isolated from external views thanks to its private location and an electric gate that guarantees a secure and discreet access.
The complex is composed of two buildings. The main house, located on the first floor, has three bedrooms, two bathrooms, a fully equipped kitchen, a spacious living and dining room and a lovely glazed terrace, perfect for enjoying the surroundings all year round. The second floor offers an independent space currently used as a guest apartment, with its own bedroom and terrace, although it requires some cosmetic renovations to enhance its potential.
Separated by an elegant swimming pool, there is a modern guest house, recently built, which has three bedrooms, two bathrooms, living room, kitchen, and is equipped with underfloor heating and air conditioning, providing optimal comfort in any season of the year. In addition, this structure includes a professionally conditioned and insulated wine cellar, ideal for holding events, also with underfloor heating and ventilation system.
The property, with a total built area of 550 m , not only offers privacy and multiple amenities, but also presents an exceptional investment opportunity, as it allows for the construction of up to 10 additional bungalows of 100 m each, significantly expanding its value and future functionality. This is a unique opportunity to acquire an outstanding property in a privileged location.
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Currency Exchange
La Nuc a, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
La Nuc a, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
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 £22,421 more.
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