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Complex of four homes of different dimensions in Las Rotas, a few minutes walk from the beach and a one-way entrance so it is very quiet
Denia, Alicante, Spain
REF: 888777
€1,000,000
Description
Complex of four homes of different dimensions in Las Rotas, a few minutes walk from the beach and a one-way entrance so it is very quiet.It is a land of 1877 m2 with the four buildings that together have 314 m2 built, they have common areas with barbecues and outdoor tables but each of the properties has its own terrace with its own privacy space.They are all rented and produce a high profitability, there are two of them that are larger and are rented for a higher amount.They have two independent entrances with sliding doors, and a large common parking lot with space for several vehicles.This complex is very attractive for investment since there are four homes that are rented easily and for a high rent.
Complex of four homes of different dimensions in Las Rotas, a few minutes walk from the beach and a one-way entrance so it is very quiet.It is a land of 1877 m2 with the four buildings that together have 314 m2 built, they have common areas with barbecues and outdoor tables but each of the properties has its own terrace with its own privacy space.They are all rented and produce a high profitability, there are two of them that are larger and are rented for a higher amount.They have two independent entrances with sliding doors, and a large common parking lot with space for several vehicles.This complex is very attractive for investment since there are four homes that are rented easily and for a high rent.
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Currency Exchange
Denia, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £828,310 | £859,450 | £31,140 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £828,310 |
| Maximum cost in the last six months | £859,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,140 |
Denia, 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 €1,000,000 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 |
|---|---|---|---|
| €1,000,000 | £828,310 | £859,450 | £31,140 |
| Property Price € | €1,000,000 |
| Minimum cost in the last six months | £828,310 |
| Maximum cost in the last six months | £859,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,140 |
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 £31,140 more.
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