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Tourist rental investment opportunity in the centre of Alicante, within walking distance to the beach and all shops and restaurants! Don't miss this unique opportunity to secure both your new holiday home and investment opportunity for rental in the tourist market in Alicante which is constantly ex
ALICANTE, Alicante (Costa Blanca), Spain
REF: 873032
€365,000
Description
Tourist rental investment opportunity in the centre of Alicante, within walking distance to the beach and all shops and restaurants! Don't miss this unique opportunity to secure both your new holiday home and investment opportunity for rental in the tourist market in Alicante which is constantly experiencing an increased influx of tourists. The apartment is located on the first floor and has been completely renovated with a modern touch and tastefully decorated in light colours that offer a pleasant atmosphere. Only 3 minutes walk from the city beach in Alicante. From the entrance hall, you enter an open-plan kitchen and living room with top quality furnishings. The kitchen has bright surfaces and integrated appliances. From the living area there is access to the balcony where you have space for a table and a couple of chairs where you can enjoy your morning coffee in peace and quiet. Inside the kitchen you will find a practical laundry room. The apartment contains two bedrooms with built-in wardrobes and two bathrooms in delicate colours. In addition, the living room is equipped with a sofa bed, making a total of six beds in the apartment. There are two apartments for sale in the building, all of which can generate rental income. It is possible to buy this apartment separately or as part of the two-apartment investment package. Both of the apartments have been completely renovated in the same delicate style. The current owner can show reliable results from letting in previous years. The apartment is rented out for months ahead in time, for approx. 260 euros per day in high season and approx. 100 euros per day low season. Contact us for more information!
Tourist rental investment opportunity in the centre of Alicante, within walking distance to the beach and all shops and restaurants! Don't miss this unique opportunity to secure both your new holiday home and investment opportunity for rental in the tourist market in Alicante which is constantly experiencing an increased influx of tourists. The apartment is located on the first floor and has been completely renovated with a modern touch and tastefully decorated in light colours that offer a pleasant atmosphere. Only 3 minutes walk from the city beach in Alicante. From the entrance hall, you enter an open-plan kitchen and living room with top quality furnishings. The kitchen has bright surfaces and integrated appliances. From the living area there is access to the balcony where you have space for a table and a couple of chairs where you can enjoy your morning coffee in peace and quiet. Inside the kitchen you will find a practical laundry room. The apartment contains two bedrooms with built-in wardrobes and two bathrooms in delicate colours. In addition, the living room is equipped with a sofa bed, making a total of six beds in the apartment. There are two apartments for sale in the building, all of which can generate rental income. It is possible to buy this apartment separately or as part of the two-apartment investment package. Both of the apartments have been completely renovated in the same delicate style. The current owner can show reliable results from letting in previous years. The apartment is rented out for months ahead in time, for approx. 260 euros per day in high season and approx. 100 euros per day low season. Contact us for more information!
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Currency Exchange
ALICANTE, Alicante (Costa Blanca), 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £303,636 | £314,126 | £10,490 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £303,636 |
| Maximum cost in the last six months | £314,126 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,490 |
ALICANTE, Alicante (Costa Blanca), 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £303,636 | £314,126 | £10,490 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £303,636 |
| Maximum cost in the last six months | £314,126 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,490 |
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 £10,490 more.
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