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Building in guilas, Murcia
guilas Centro, Spain
REF: 866746
€1,359,200
Description
Location: Address: Calle Poeta Juan Lloret Gregory, n 23, esquina Calle C rdoba 14 y Avd. Virgen de Lourdes, guilas, Murcia (30880). GPS Coordinates:** Longitude: -1.58434; Latitude: 37.41397. Project details: - Type of building:** Multi-family housing building for 1st residence. - Structure: Ground floor plus 7 floors above ground and 3 basements. - Units: 93 - Total Built Area: 11,905.81 m . - Living Area: 7,965.50 m . - Distribution of Dwellings:** Living area of dwellings between 70 m and 90 m , with 1 and 2 bedroom options. Current state: - Construction: Finished building vandalised. - Year of construction: 2008. - State of Conservation:** Adequate for its age, but requires repairs and refurbishment due to vandalism. - Work Needed: Refurbishment and refurbishment of dwellings and communal areas. Valuation: - Appraised Value: 5,142,333 Euros (as at 05.08.2020). Environment and Accessibility: - Urban Environment: Residential area with isolated blocks. - Infrastructures: Complete, with paving, water supply, electricity, drainage and street lighting. - Facilities: Sufficient commercial, school, sports, welfare and leisure facilities. - Communications: Good connections and adequate public transport. Investment advantages: 1. Revaluation Potential: Unique investment opportunity with considerable revaluation potential once refurbished. 2. High Residential Demand: Located in an area with high demand for housing, ensuring an active market for future residents or investors. 3. Complete Infrastructure: It has all the necessary infrastructure, including underground parking spaces and storage rooms. 4. Strategic Location: Located in an area with good accessibility and services, which increases its attractiveness to buyers and tenants. #ref:B4014
Location: Address: Calle Poeta Juan Lloret Gregory, n 23, esquina Calle C rdoba 14 y Avd. Virgen de Lourdes, guilas, Murcia (30880). GPS Coordinates:** Longitude: -1.58434; Latitude: 37.41397. Project details: - Type of building:** Multi-family housing building for 1st residence. - Structure: Ground floor plus 7 floors above ground and 3 basements. - Units: 93 - Total Built Area: 11,905.81 m . - Living Area: 7,965.50 m . - Distribution of Dwellings:** Living area of dwellings between 70 m and 90 m , with 1 and 2 bedroom options. Current state: - Construction: Finished building vandalised. - Year of construction: 2008. - State of Conservation:** Adequate for its age, but requires repairs and refurbishment due to vandalism. - Work Needed: Refurbishment and refurbishment of dwellings and communal areas. Valuation: - Appraised Value: 5,142,333 Euros (as at 05.08.2020). Environment and Accessibility: - Urban Environment: Residential area with isolated blocks. - Infrastructures: Complete, with paving, water supply, electricity, drainage and street lighting. - Facilities: Sufficient commercial, school, sports, welfare and leisure facilities. - Communications: Good connections and adequate public transport. Investment advantages: 1. Revaluation Potential: Unique investment opportunity with considerable revaluation potential once refurbished. 2. High Residential Demand: Located in an area with high demand for housing, ensuring an active market for future residents or investors. 3. Complete Infrastructure: It has all the necessary infrastructure, including underground parking spaces and storage rooms. 4. Strategic Location: Located in an area with good accessibility and services, which increases its attractiveness to buyers and tenants. #ref:B4014
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Property on Map
Currency Exchange
guilas Centro, 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 €1,359,200 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 |
|---|---|---|---|
| €1,359,200 | £1,119,845 | £1,168,164 | £48,320 |
| Property Price € | €1,359,200 |
| Minimum cost in the last six months | £1,119,845 |
| Maximum cost in the last six months | £1,168,164 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,320 |
guilas Centro, 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 €1,359,200 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 |
|---|---|---|---|
| €1,359,200 | £1,119,845 | £1,168,164 | £48,320 |
| Property Price € | €1,359,200 |
| Minimum cost in the last six months | £1,119,845 |
| Maximum cost in the last six months | £1,168,164 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,320 |
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 £48,320 more.
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