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TRADITIONAL HOUSE VERY CLOSE TO THE SEA ON THE OUTSKIRTS OF TORREVIEJA
Torrevieja, Alicante, Spain
REF: 830012
€132,900
Description
TRADITIONAL HOUSE VERY CLOSE TO THE SEA ON THE OUTSKIRTS OF TORREVIEJA. This is an excellent property with lots of possibilities for anyone wishing to invest in it. It consists of a ground floor, complete traditional house in an area on the outskirts of Torrevieja, in the area of Playa de los Náufragos, a short distance from the sea, shopping and leisure areas and all the possibilities that a large coastal town offers both in summer for tourists and international residents, and in winter for local residents. The property consists of a living-dining room at the entrance, a central patio around which the other rooms of the property are articulated, a separate kitchen, three bedrooms and one bathroom. The property, in spite of having been built a few years ago, is in an acceptable state and taking it as a base, it can be updated and can be converted into a property with a lot of character according to the Mediterranean tradition where it can be used for private use or to make it profitable by converting it into a tourist property and obtain a return on it due to its great location close to the beach and its accessibility as it is all on the ground floor, perfect for all types of families with elderly people, children, handicapped people, etc. The site where it is located is worth mentioning, where, given its proximity to the sea, a new building with a greater height and number of dwellings could be constructed once the existing dwelling has been demolished in order to obtain a return on the investment.
TRADITIONAL HOUSE VERY CLOSE TO THE SEA ON THE OUTSKIRTS OF TORREVIEJA. This is an excellent property with lots of possibilities for anyone wishing to invest in it. It consists of a ground floor, complete traditional house in an area on the outskirts of Torrevieja, in the area of Playa de los Náufragos, a short distance from the sea, shopping and leisure areas and all the possibilities that a large coastal town offers both in summer for tourists and international residents, and in winter for local residents. The property consists of a living-dining room at the entrance, a central patio around which the other rooms of the property are articulated, a separate kitchen, three bedrooms and one bathroom. The property, in spite of having been built a few years ago, is in an acceptable state and taking it as a base, it can be updated and can be converted into a property with a lot of character according to the Mediterranean tradition where it can be used for private use or to make it profitable by converting it into a tourist property and obtain a return on it due to its great location close to the beach and its accessibility as it is all on the ground floor, perfect for all types of families with elderly people, children, handicapped people, etc. The site where it is located is worth mentioning, where, given its proximity to the sea, a new building with a greater height and number of dwellings could be constructed once the existing dwelling has been demolished in order to obtain a return on the investment.
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Currency Exchange
Torrevieja, 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 €132,900 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 |
|---|---|---|---|
| €132,900 | £110,082 | £114,221 | £4,139 |
| Property Price € | €132,900 |
| Minimum cost in the last six months | £110,082 |
| Maximum cost in the last six months | £114,221 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,139 |
Torrevieja, 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 €132,900 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 |
|---|---|---|---|
| €132,900 | £110,082 | £114,221 | £4,139 |
| Property Price € | €132,900 |
| Minimum cost in the last six months | £110,082 |
| Maximum cost in the last six months | £114,221 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,139 |
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 £4,139 more.
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