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This beautiful Finca with newly built villa, the porter's house, the storage room and an old ruin have a total building area of 1,529 sq_m on a fenced plot of 22,420 sq_m, within a private area of 350,000 sq_m
Penaguila, Costa Blanca North, Spain
REF: 901022
€2,300,000
Description
This beautiful Finca with newly built villa, the porter's house, the storage room and an old ruin have a total building area of 1,529 sq_m on a fenced plot of 22,420 sq_m, within a private area of 350,000 sq_m. The Finca is surrounded by beautiful mountains, valleys and fields, with the privilege of having an inexhaustible supply of spring water. This beautiful estate is only 50 minutes from the Mediterranean Sea. Perfect for a kind of yoga retreat due to all the natural elements present. The villa is spread over 3 floors. There is a huge underground garage with technical rooms. On the ground floor there is an entrance hall with staircase, an office, a huge master bedroom with ensuite walk-in closet and a spacious ensuite bathroom, a laundry room, a large kitchen with storage and a cold room, a dining area, a sitting area and a spacious living space with a beautiful high wooden ceiling. Both the living space and the master bedroom and hallways have access to the terrace with a nice pool. At the back of the garden there is a lighted tennis court. Behind the laundry room, outside on a hillside, there is a nice gazebo, ideal to act as an outdoor bar. On the 1st floor there is spacious stairwell with a beautiful wooden ceiling, 5 bedrooms and 5 ensuite bathrooms and a balcony. At the entrance of this estate is a beautiful large porter house with garage, 3 bedrooms, kitchen, living space, a large terrace, an industrial storage room for agricultural machinery etc. The main villa is fully equipped and has the possibility of expansion of associated buildings, ideal to turn it into an exclusive country hotel. The garage can accommodate about 10 cars. The joinery throughout the villa is made of high quality materials. A permit has been requested from the municipality to turn it into a rural hotel. Plans have been submitted to build 25 additional vacation homes that will be fully integrated into the beautiful surroundings. It can also be adapted to offer various additional services, such as a spa or wellness center, events, weddings or business meetings. Moreover, the villa itself can also be expanded by 10 additional rooms, for a total of 17 rooms. There is currently a fully ecological production of olives and almonds on the estate which provides additional income, and estate with exceptional possibilities and potential. Or just enjoy total privacy by yourself in this oasis of peace and beautiful vast fields.
This beautiful Finca with newly built villa, the porter's house, the storage room and an old ruin have a total building area of 1,529 sq_m on a fenced plot of 22,420 sq_m, within a private area of 350,000 sq_m. The Finca is surrounded by beautiful mountains, valleys and fields, with the privilege of having an inexhaustible supply of spring water. This beautiful estate is only 50 minutes from the Mediterranean Sea. Perfect for a kind of yoga retreat due to all the natural elements present. The villa is spread over 3 floors. There is a huge underground garage with technical rooms. On the ground floor there is an entrance hall with staircase, an office, a huge master bedroom with ensuite walk-in closet and a spacious ensuite bathroom, a laundry room, a large kitchen with storage and a cold room, a dining area, a sitting area and a spacious living space with a beautiful high wooden ceiling. Both the living space and the master bedroom and hallways have access to the terrace with a nice pool. At the back of the garden there is a lighted tennis court. Behind the laundry room, outside on a hillside, there is a nice gazebo, ideal to act as an outdoor bar. On the 1st floor there is spacious stairwell with a beautiful wooden ceiling, 5 bedrooms and 5 ensuite bathrooms and a balcony. At the entrance of this estate is a beautiful large porter house with garage, 3 bedrooms, kitchen, living space, a large terrace, an industrial storage room for agricultural machinery etc. The main villa is fully equipped and has the possibility of expansion of associated buildings, ideal to turn it into an exclusive country hotel. The garage can accommodate about 10 cars. The joinery throughout the villa is made of high quality materials. A permit has been requested from the municipality to turn it into a rural hotel. Plans have been submitted to build 25 additional vacation homes that will be fully integrated into the beautiful surroundings. It can also be adapted to offer various additional services, such as a spa or wellness center, events, weddings or business meetings. Moreover, the villa itself can also be expanded by 10 additional rooms, for a total of 17 rooms. There is currently a fully ecological production of olives and almonds on the estate which provides additional income, and estate with exceptional possibilities and potential. Or just enjoy total privacy by yourself in this oasis of peace and beautiful vast fields.
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Currency Exchange
Penaguila, Costa Blanca North, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,913,324 | £1,979,426 | £66,102 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,913,324 |
| Maximum cost in the last six months | £1,979,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,102 |
Penaguila, Costa Blanca North, 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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,913,324 | £1,979,426 | £66,102 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,913,324 |
| Maximum cost in the last six months | £1,979,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,102 |
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 £66,102 more.
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