Unique opportunity in Torrevieja! This bright and spacious apartment of 118 m built and 100 m usable is perfectly located between the streets María Parodi and Rambla Juan Mateo, a few meters from the new port

Torrevieja, Alicante, Spain

For Sale

€118,000

REF: 831859 €118,000


3

1

118 m2

Description

Unique opportunity in Torrevieja! This bright and spacious apartment of 118 m built and 100 m usable is perfectly located between the streets María Parodi and Rambla Juan Mateo, a few meters from the new port. With three large bedrooms, a bathroom and a living room accessible at the end of the corridor, this apartment is ideal both for living and for investing in tourist rentals, offering the possibility of obtaining great returns and high profitability.

The kitchen has access to a gallery and a storage room with a washing machine, providing comfort and functionality. In addition, you can enjoy moments outdoors on its terrace and balcony. Located on the 3rd floor of a building without an elevator, the property is in good condition despite being second-hand (year of construction: 1970) and has air conditioning for your comfort. Don't miss the opportunity to acquire this magnificent apartment in one of the most sought-after areas of Torrevieja. Contact us for more information and to arrange a visit!
Unique opportunity in Torrevieja! This bright and spacious apartment of 118 m built and 100 m usable is perfectly located between the streets María Parodi and Rambla Juan Mateo, a few meters from the new port. With three large bedrooms, a bathroom and a living room accessible at the end of the corridor, this apartment is ideal both for living and for investing in tourist rentals, offering the possibility of obtaining great returns and high profitability.

The kitchen has access to a gallery and a storage room with a washing machine, providing comfort and functionality. In addition, you can enjoy moments outdoors on its terrace and balcony. Located on the 3rd floor of a building without an elevator, the property is in good condition despite being second-hand (year of construction: 1970) and has air conditioning for your comfort. Don't miss the opportunity to acquire this magnificent apartment in one of the most sought-after areas of Torrevieja. Contact us for more information and to arrange a visit!
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Property on Map

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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 €118,000 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
€118,000 £97,741 £101,415 £3,675
Property Price € €118,000
Minimum cost in the last six months £97,741
Maximum cost in the last six months £101,415
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,675

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 €118,000 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
€118,000 £97,741 £101,415 £3,675
Property Price € €118,000
Minimum cost in the last six months £97,741
Maximum cost in the last six months £101,415
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,675

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 £3,675 more.

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