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This modern ground floor apartment, located in Punta Prima, Los Altos, offers a great opportunity to enjoy Mediterranean living
Torrevieja, Alicante (Costa Blanca), Spain
REF: 891587
€199,900
Description
This modern ground floor apartment, located in Punta Prima, Los Altos, offers a great opportunity to enjoy Mediterranean living. With two spacious bedrooms and a newly renovated bathroom, the apartment benefits from its south-facing orientation, allowing natural light to fill the space throughout the day. From the large terrace/garden of 34 m2, you can enjoy a partial view of the sea. The property has been recently renovated with modern finishes and new white goods. Outside, it features a charming Mediterranean garden, perfect for sunbathing, hosting barbecues, or even adding a small pool. There s also an outdoor BBQ area, air conditioning, and a patio with a laundry and storage space. Additionally, there is potential for basement expansion. The apartment is part of a complex that includes a communal pool and is just a short walk from the sea, as well as being conveniently close to a variety of restaurants, bars, and shops. This property is an excellent choice for both personal use and investment, with the possibility of obtaining a tourist license to maximize rental income during high seasons.
This modern ground floor apartment, located in Punta Prima, Los Altos, offers a great opportunity to enjoy Mediterranean living. With two spacious bedrooms and a newly renovated bathroom, the apartment benefits from its south-facing orientation, allowing natural light to fill the space throughout the day. From the large terrace/garden of 34 m2, you can enjoy a partial view of the sea. The property has been recently renovated with modern finishes and new white goods. Outside, it features a charming Mediterranean garden, perfect for sunbathing, hosting barbecues, or even adding a small pool. There s also an outdoor BBQ area, air conditioning, and a patio with a laundry and storage space. Additionally, there is potential for basement expansion. The apartment is part of a complex that includes a communal pool and is just a short walk from the sea, as well as being conveniently close to a variety of restaurants, bars, and shops. This property is an excellent choice for both personal use and investment, with the possibility of obtaining a tourist license to maximize rental income during high seasons.
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Currency Exchange
Torrevieja, 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 €199,900 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 |
|---|---|---|---|
| €199,900 | £166,247 | £172,038 | £5,791 |
| Property Price € | €199,900 |
| Minimum cost in the last six months | £166,247 |
| Maximum cost in the last six months | £172,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,791 |
Torrevieja, 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 €199,900 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 |
|---|---|---|---|
| €199,900 | £166,247 | £172,038 | £5,791 |
| Property Price € | €199,900 |
| Minimum cost in the last six months | £166,247 |
| Maximum cost in the last six months | £172,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,791 |
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 £5,791 more.
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