This new 2nd phase of 46,610 sq_m is an addition to the existing Service Flats Resort (For over 65's) in Alfaz del Pi and will be developed with a contemporary architectural design

l'Alfas del Pi, ALICANTE, Spain

For Sale

€198,000

REF: 834333 €198,000


2

2


130 m2

130 m2

Description

This new 2nd phase of 46,610 sq_m is an addition to the existing Service Flats Resort (For over 65's) in Alfaz del Pi and will be developed with a contemporary architectural design. You are buying a right of use with a 30 year contract, not ownership. Of the 268 homes to be built, 50% will be ground floor apartments with private gardens and the other 50% will be first floor apartments with large terraces. The homes and communal areas will continue to focus on maximum functionality and comfort for residents, with newly created facilities including outdoor swimming pools, sports areas, garden areas and an orchard. The new phase will also have the same security and safety features as the first phase. Owners in both phases will be able to enjoy all the services, facilities and common areas available in Forum Mare Nostrum (1st phase of The Comm ). All these apartments will be equipped with Home automation and alarm systems: medical, electrical, etc. International Pay TV channels. Connection software between homes and communal areas. Pre-installation of air conditioning. Individual terrace and garden in the ground floor apartments. Garden on the ground floor. White lacquered doors. Wardrobes lacquered to match the rest of the woodwork.

Melamine finish. Designer kitchens with matching base and wall units and worktops in hardwearing materials, including electrical appliances (induction hob, oven, hob and extractor fan). High quality porcelain floor tiles. Designer sanitary ware and taps. Built-in shower trays with fitted shower screens. Sink units and matching mirrors. Lighting that creates a warm, homely atmosphere with minimal energy consumption. Aluminium cladding and Climalit or equivalent double-glazed windows for thermal and acoustic insulation. Slatted shutters with insulating elements. Storeroom and garage (optional). Prices from 198,000 for a 2 bedroom apartment. The new phase is scheduled for completion by the end of 2026 (subject to change). Call for availability
This new 2nd phase of 46,610 sq_m is an addition to the existing Service Flats Resort (For over 65's) in Alfaz del Pi and will be developed with a contemporary architectural design. You are buying a right of use with a 30 year contract, not ownership. Of the 268 homes to be built, 50% will be ground floor apartments with private gardens and the other 50% will be first floor apartments with large terraces. The homes and communal areas will continue to focus on maximum functionality and comfort for residents, with newly created facilities including outdoor swimming pools, sports areas, garden areas and an orchard. The new phase will also have the same security and safety features as the first phase. Owners in both phases will be able to enjoy all the services, facilities and common areas available in Forum Mare Nostrum (1st phase of The Comm ). All these apartments will be equipped with Home automation and alarm systems: medical, electrical, etc. International Pay TV channels. Connection software between homes and communal areas. Pre-installation of air conditioning. Individual terrace and garden in the ground floor apartments. Garden on the ground floor. White lacquered doors. Wardrobes lacquered to match the rest of the woodwork.

Melamine finish. Designer kitchens with matching base and wall units and worktops in hardwearing materials, including electrical appliances (induction hob, oven, hob and extractor fan). High quality porcelain floor tiles. Designer sanitary ware and taps. Built-in shower trays with fitted shower screens. Sink units and matching mirrors. Lighting that creates a warm, homely atmosphere with minimal energy consumption. Aluminium cladding and Climalit or equivalent double-glazed windows for thermal and acoustic insulation. Slatted shutters with insulating elements. Storeroom and garage (optional). Prices from 198,000 for a 2 bedroom apartment. The new phase is scheduled for completion by the end of 2026 (subject to change). Call for availability
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Currency Exchange

l'Alfas del Pi, 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 €198,000 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
€198,000 £164,005 £170,171 £6,166
Property Price € €198,000
Minimum cost in the last six months £164,005
Maximum cost in the last six months £170,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,166

l'Alfas del Pi, 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 €198,000 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
€198,000 £164,005 £170,171 £6,166
Property Price € €198,000
Minimum cost in the last six months £164,005
Maximum cost in the last six months £170,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,166

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 £6,166 more.

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