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Unique investment opportunity! This villa in the exclusive area of Punta Prima, in Orihuela Costa, is a gem to discover
Orihuela Costa, Alicante, Spain
REF: 869123
€240,000
Description
Unique investment opportunity! This villa in the exclusive area of Punta Prima, in Orihuela Costa, is a gem to discover. With 176.00 square meters of interior space on a generous 316 square metre plot, this villa offers unlimited potential to become a luxury residence or a highly profitable investment. Located just 800 meters from the beach, this villa attracts both tourists and residents, guaranteeing constant demand in the vacation or long-term rental market. The property has two double bedrooms and two bathrooms, offering the perfect space to create a modern and functional home. Although it requires renovations, this chalet is a unique opportunity to let your creativity fly and design a custom space. The kitchen, currently empty and unfurnished, offers the freedom to choose the finishes and appliances according to the investor's preferences. In addition, the property has an outdoor terrace, providing additional space to enjoy the outdoors and al fresco dining, although it is important to note that this terrace is not yet legalized. Once renovated, this chalet can become a property of high value and visual appeal. Imagine renovated interiors with quality materials and contemporary design that appeal to discerning renters or buyers with refined tastes. Turn the garden into an oasis of tranquility with outdoor seating areas and an elegant swimming pool to enjoy the Mediterranean climate in total privacy. Don't miss the opportunity to acquire this property with unmatched investment potential. Turn your investment dreams into reality and make this villa your next success story in the real estate market!
Unique investment opportunity! This villa in the exclusive area of Punta Prima, in Orihuela Costa, is a gem to discover. With 176.00 square meters of interior space on a generous 316 square metre plot, this villa offers unlimited potential to become a luxury residence or a highly profitable investment. Located just 800 meters from the beach, this villa attracts both tourists and residents, guaranteeing constant demand in the vacation or long-term rental market. The property has two double bedrooms and two bathrooms, offering the perfect space to create a modern and functional home. Although it requires renovations, this chalet is a unique opportunity to let your creativity fly and design a custom space. The kitchen, currently empty and unfurnished, offers the freedom to choose the finishes and appliances according to the investor's preferences. In addition, the property has an outdoor terrace, providing additional space to enjoy the outdoors and al fresco dining, although it is important to note that this terrace is not yet legalized. Once renovated, this chalet can become a property of high value and visual appeal. Imagine renovated interiors with quality materials and contemporary design that appeal to discerning renters or buyers with refined tastes. Turn the garden into an oasis of tranquility with outdoor seating areas and an elegant swimming pool to enjoy the Mediterranean climate in total privacy. Don't miss the opportunity to acquire this property with unmatched investment potential. Turn your investment dreams into reality and make this villa your next success story in the real estate market!
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Property on Map
Currency Exchange
Orihuela Costa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
Orihuela Costa, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
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 £7,474 more.
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