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"Interesting for investors" Bare property for sale in Cumbre del Sol This luxurious villa is located in the quiet Cumbre del Sol urbanization and offers a unique 380 view stretching from the coast over the Pe on de Ifach, inland with the impressive Sierra de Bernia and the Sierra de Aitana to the
Benitachell, Alicante, Spain
REF: 870759
€875,000
Description
"Interesting for investors"
Bare property for sale in Cumbre del Sol This luxurious villa is located in the quiet Cumbre del Sol urbanization and offers a unique 380 view stretching from the coast over the Pe on de Ifach, inland with the impressive Sierra de Bernia and the Sierra de Aitana to the Montg .
The villa is distributed on one floor of 140 m2.
One floor below is currently a multi-purpose room of 132 m2 which could be converted into a two bedroom apartment with a private terrace.
Another floor below is a space of 54 m2 that can be converted into a garage, gym, etc.
An automatic gate gives access to the driveway that leads to a carport.
You enter a hall with built-in cabinets, on the right side is the living-dining room with a spacious modern open kitchen with a cooking island.
Immense windows allow you to heartily enjoy the breathtaking views.
On the other side of the villa is a double bedroom, a bathroom and an office space that can be used as a second bedroom.
All rooms have beautiful sea views.
In addition, there is underfloor heating and air conditioning.
Solar panels have also been installed for hot water.
The property is sold as bare ownership and is very interesting for investors thanks to the possibility to extend the villa 2 more floors.
The current owner is 81 years old and will have the right to use the property until the end of his days.
There is also the possibility to purchase the villa for 890,000 and receive a monthly rent of 2000 from the usufructuary.
Would you like more information?
Then do not hesitate to contact us!
"Interesting for investors"
Bare property for sale in Cumbre del Sol This luxurious villa is located in the quiet Cumbre del Sol urbanization and offers a unique 380 view stretching from the coast over the Pe on de Ifach, inland with the impressive Sierra de Bernia and the Sierra de Aitana to the Montg .
The villa is distributed on one floor of 140 m2.
One floor below is currently a multi-purpose room of 132 m2 which could be converted into a two bedroom apartment with a private terrace.
Another floor below is a space of 54 m2 that can be converted into a garage, gym, etc.
An automatic gate gives access to the driveway that leads to a carport.
You enter a hall with built-in cabinets, on the right side is the living-dining room with a spacious modern open kitchen with a cooking island.
Immense windows allow you to heartily enjoy the breathtaking views.
On the other side of the villa is a double bedroom, a bathroom and an office space that can be used as a second bedroom.
All rooms have beautiful sea views.
In addition, there is underfloor heating and air conditioning.
Solar panels have also been installed for hot water.
The property is sold as bare ownership and is very interesting for investors thanks to the possibility to extend the villa 2 more floors.
The current owner is 81 years old and will have the right to use the property until the end of his days.
There is also the possibility to purchase the villa for 890,000 and receive a monthly rent of 2000 from the usufructuary.
Would you like more information?
Then do not hesitate to contact us!
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Property on Map
Currency Exchange
Benitachell, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
Benitachell, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
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 £27,248 more.
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