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We present this building with charm in Orihuela city
Orihuela, Alicante, Spain
REF: 889846
€345,000
Description
We present this building with charm in Orihuela city. Composed of a local business and two floors with two huge apartments and a house added.This is a great opportunity of investment converting it into a hotel or rental apartments. Is a building built 120 years ago approximately which makes it in a historical place of the city. We can find old design elements of that age like high ceilings, high doors and big windows, and peepholes with a very particular old system in the front doors of the apartments. There are wallpaper of that age in some of the walls and a piano that is possible to keep it for decoration for the new business.This building need a complete renovation and is possible to make more apartments inside or rooms for a hotel. In the local business there are a good space to make a restaurants or shop. The entrance of the building is separated from commercial local so is good space to convert in the reception. Also there is a garage for several cars and a indoor patio that provide sunlight to the internal face of the apartments.Located in a good neighbourhood, this building has park views providing a quite area, and mountain views in the back side. Walking distance to Ociopía shopping center and the sport center. Don t miss this good opportunity.
We present this building with charm in Orihuela city. Composed of a local business and two floors with two huge apartments and a house added.This is a great opportunity of investment converting it into a hotel or rental apartments. Is a building built 120 years ago approximately which makes it in a historical place of the city. We can find old design elements of that age like high ceilings, high doors and big windows, and peepholes with a very particular old system in the front doors of the apartments. There are wallpaper of that age in some of the walls and a piano that is possible to keep it for decoration for the new business.This building need a complete renovation and is possible to make more apartments inside or rooms for a hotel. In the local business there are a good space to make a restaurants or shop. The entrance of the building is separated from commercial local so is good space to convert in the reception. Also there is a garage for several cars and a indoor patio that provide sunlight to the internal face of the apartments.Located in a good neighbourhood, this building has park views providing a quite area, and mountain views in the back side. Walking distance to Ociopía shopping center and the sport center. Don t miss this good opportunity.
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Currency Exchange
Orihuela, 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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
Orihuela, 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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
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 £10,743 more.
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