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This 10
Torremendo, Alicante (South), Spain
REF: 899121
€125,000
Description
This 10.000m2 Plot in Torremendo is located in the vast Countryside, between San Miguel de Salinas, Bigastro & Orihuela. Within just a 2-minute drive to the town center, with all its amenities and facilities, and approximately a 20-minute drive to the coast and beaches, this property offers an excellent blend of accessibility and rural tranquility. The plot allows for the construction of a 200m2 house and already includes a 20 x 20-meter concrete hard standing, plus five high-quality containers (each 12 meters long x 2.45 meters wide x 2.89 meters high) with potential for conversion into a residential property. An electric post is positioned at the start of the plot for convenient connection, along with a 3,000-liter septic tank and a 30,000-liter water tank in place. This expansive plot presents an ideal opportunity to build a beautiful family home, offering stunning countryside views, nestled in Costa Blanca South, and situated near the desirable Torremendo lakes, renowned for their vibrant color and health benefits.
This 10.000m2 Plot in Torremendo is located in the vast Countryside, between San Miguel de Salinas, Bigastro & Orihuela. Within just a 2-minute drive to the town center, with all its amenities and facilities, and approximately a 20-minute drive to the coast and beaches, this property offers an excellent blend of accessibility and rural tranquility. The plot allows for the construction of a 200m2 house and already includes a 20 x 20-meter concrete hard standing, plus five high-quality containers (each 12 meters long x 2.45 meters wide x 2.89 meters high) with potential for conversion into a residential property. An electric post is positioned at the start of the plot for convenient connection, along with a 3,000-liter septic tank and a 30,000-liter water tank in place. This expansive plot presents an ideal opportunity to build a beautiful family home, offering stunning countryside views, nestled in Costa Blanca South, and situated near the desirable Torremendo lakes, renowned for their vibrant color and health benefits.
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Currency Exchange
Torremendo, Alicante (South), 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
Torremendo, Alicante (South), 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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
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 £3,893 more.
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