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Flat located on the second floor in residence Viñamar VI
La Mata, Costa Blanca (Alicante), Spain
REF: 863499
€145,000
Description
Flat located on the second floor in residence Viñamar VI.There is an area of 50 m2, consisting of a bedroom with built-in wardrobes, a bathroom , an American kitchen and spacious living room with access to the balcony overlooking the communal pool. The property is air-conditioned and there is a lift to all floors. There is also underground parking. Close to all nearby amenities such as bars, restaurants, pharmacie, bus stop, walking areas and children's areas. Only 450 m to the beautiful sandy beach of La Mata.
Flat located on the second floor in residence Viñamar VI.There is an area of 50 m2, consisting of a bedroom with built-in wardrobes, a bathroom , an American kitchen and spacious living room with access to the balcony overlooking the communal pool. The property is air-conditioned and there is a lift to all floors. There is also underground parking. Close to all nearby amenities such as bars, restaurants, pharmacie, bus stop, walking areas and children's areas. Only 450 m to the beautiful sandy beach of La Mata.
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Currency Exchange
La Mata, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
La Mata, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 £4,515 more.
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