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Lovely apartment on the edge of Formentera del Segura on the Costa Blanca South
Formentera del Segura, Costa Blanca (Alicante), Spain
REF: 863278
€78,000
Description
Lovely apartment on the edge of Formentera del Segura on the Costa Blanca South. This property is on the second floor with a lift and consists of a double bedroom, en-suite with walk in shower, second double bedroom with access to the balcony with farmland and mountain views, you also have access to the same balcony from the living/dining area. Large separate kitchen with white goods and an adjoining utility area. Upon entering the property you have a family bathroom with bath. Communal area on roof for sunbathing and hanging washing. This spacious apartment was built in 2007 with a build of 95m2 and is East facing, well worth a viewing and within walking distance to amenities and only a few minutes walk from from the municipal pool which is right next to the football grounds. Ideal property for a holiday home or for living.
Formentera del Segura, Costa Blanca is a pretty Spanish village with a traditional church square, a small selection of bars, cafes and shops, an outdoor swimming pool and a small weekly street market. The Rio Segura river which runs past the village has created an island, where the El Molino Natural Park with its picnic tables, seasonal barbecues, large stage area and an 18th century water powered floor mill are situated. Lots of walking and cycling paths to be had to the surrounding villages, which are Benijofar, Rojales, Las Heredades and Almoradi. 10 minutes drive from the beautiful golden beaches of Guardamar del Segura and 30 minutes drive from Alicante airport.
Lovely apartment on the edge of Formentera del Segura on the Costa Blanca South. This property is on the second floor with a lift and consists of a double bedroom, en-suite with walk in shower, second double bedroom with access to the balcony with farmland and mountain views, you also have access to the same balcony from the living/dining area. Large separate kitchen with white goods and an adjoining utility area. Upon entering the property you have a family bathroom with bath. Communal area on roof for sunbathing and hanging washing. This spacious apartment was built in 2007 with a build of 95m2 and is East facing, well worth a viewing and within walking distance to amenities and only a few minutes walk from from the municipal pool which is right next to the football grounds. Ideal property for a holiday home or for living.
Formentera del Segura, Costa Blanca is a pretty Spanish village with a traditional church square, a small selection of bars, cafes and shops, an outdoor swimming pool and a small weekly street market. The Rio Segura river which runs past the village has created an island, where the El Molino Natural Park with its picnic tables, seasonal barbecues, large stage area and an 18th century water powered floor mill are situated. Lots of walking and cycling paths to be had to the surrounding villages, which are Benijofar, Rojales, Las Heredades and Almoradi. 10 minutes drive from the beautiful golden beaches of Guardamar del Segura and 30 minutes drive from Alicante airport.
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Currency Exchange
Formentera del Segura, Costa Blanca (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 €78,000 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 |
|---|---|---|---|
| €78,000 | £64,608 | £67,037 | £2,429 |
| Property Price € | €78,000 |
| Minimum cost in the last six months | £64,608 |
| Maximum cost in the last six months | £67,037 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,429 |
Formentera del Segura, Costa Blanca (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 €78,000 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 |
|---|---|---|---|
| €78,000 | £64,608 | £67,037 | £2,429 |
| Property Price € | €78,000 |
| Minimum cost in the last six months | £64,608 |
| Maximum cost in the last six months | £67,037 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,429 |
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 £2,429 more.
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