This is a plot of 5150 m2 situated in Oltamar in Calpe

Calpe, Alicante, Spain

For Sale

€1,500,000

REF: 866097 €1,500,000


Description

This is a plot of 5150 m2 situated in Oltamar in Calpe. It has panoramic views from the mountain of Denia, there are even sunny days when you can see the island of Ibiza and Formentera. Located only 3 km from the Arenal beach of Calpe.
This is a plot of 5150 m2 situated in Oltamar in Calpe. It has panoramic views from the mountain of Denia, there are even sunny days when you can see the island of Ibiza and Formentera. Located only 3 km from the Arenal beach of Calpe.
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Property on Map

#SLV19-1203N

Currency Exchange

Calpe, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

Calpe, 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 €1,500,000 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
€1,500,000 £1,247,820 £1,290,930 £43,110
Property Price € €1,500,000
Minimum cost in the last six months £1,247,820
Maximum cost in the last six months £1,290,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,110

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 £43,110 more.

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