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Apartment ideal for investors who wish to rent
Barcelona, Barcelona, Spain, 08002
REF: 871323
€590,000
Description
Apartment ideal for investors who wish to rent. Property located in the exclusive Gothic Neighbourhood , the old town of Barcelona. It is located on the second floor of a classic building from 1832 with an elevator. The property has a total area of 137 m2 and is divided into three units that can be rented separately, as each has its own door and lockable door. It is a real room with a lift with double orientation. Property 1 Two double bedrooms, one bathroom , fully equipped kitchen and dining room living room . Very bright and exterior the street. There is a small balcony facing the street in one of the bedrooms and another in the living room. Property 2 Hotel room style studio with bedroom area, open concept kitchen and bathroom. Property 3 Two double bedrooms, a bathroom , a fully equipped kitchen and a dining room living room . Very bright and exterior a courtyard. One of the bedrooms has a small balcony. The apartment does not have a tourist license, so the units are rented for a minimum of 32 days. The profitability is very interesting and the location is ideal, just a few steps from the Paseo de Colón, the port area and the seafront promenade. A few steps from the Drassanes metro stop.
Apartment ideal for investors who wish to rent. Property located in the exclusive Gothic Neighbourhood , the old town of Barcelona. It is located on the second floor of a classic building from 1832 with an elevator. The property has a total area of 137 m2 and is divided into three units that can be rented separately, as each has its own door and lockable door. It is a real room with a lift with double orientation. Property 1 Two double bedrooms, one bathroom , fully equipped kitchen and dining room living room . Very bright and exterior the street. There is a small balcony facing the street in one of the bedrooms and another in the living room. Property 2 Hotel room style studio with bedroom area, open concept kitchen and bathroom. Property 3 Two double bedrooms, a bathroom , a fully equipped kitchen and a dining room living room . Very bright and exterior a courtyard. One of the bedrooms has a small balcony. The apartment does not have a tourist license, so the units are rented for a minimum of 32 days. The profitability is very interesting and the location is ideal, just a few steps from the Paseo de Colón, the port area and the seafront promenade. A few steps from the Drassanes metro stop.
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Currency Exchange
Barcelona, Barcelona, Spain, 08002
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £490,809 | £507,766 | £16,957 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £490,809 |
| Maximum cost in the last six months | £507,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,957 |
Barcelona, Barcelona, Spain, 08002
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £490,809 | £507,766 | £16,957 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £490,809 |
| Maximum cost in the last six months | £507,766 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,957 |
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 £16,957 more.
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