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Villa to renovate at 50 meters from the sea in Punta Prima
Punta Prima, Spain, 0771
REF: 901730
€550,000
Description
This charming house offers stunning sea views from its first floor, making it an ideal place to enjoy the beauty of the coastal landscape. It is a very interesting project, as this property requires a TOTAL renovation, although it is important to highlight that demolition is not permitted. This means that the currently built surface must be renovated and updated, providing an excellent opportunity to customize the space according to the tastes and needs of the new owner. The house is distributed over two levels: a ground floor and an upper floor, totaling five cozy bedrooms and two functional bathrooms. This layout is perfect for families or groups looking for a spacious and comfortable place to live or vacation. Additionally, the chalet is located just 50 meters from the beach, allowing for quick and easy access to the sea. For added convenience, there is a pedestrian pathway that facilitates access to the beach, making this property a privileged spot for those who love the sun and the sea. Undoubtedly, this house has great potential to become a wonderful home with the right renovations. #ref:V3327
This charming house offers stunning sea views from its first floor, making it an ideal place to enjoy the beauty of the coastal landscape. It is a very interesting project, as this property requires a TOTAL renovation, although it is important to highlight that demolition is not permitted. This means that the currently built surface must be renovated and updated, providing an excellent opportunity to customize the space according to the tastes and needs of the new owner. The house is distributed over two levels: a ground floor and an upper floor, totaling five cozy bedrooms and two functional bathrooms. This layout is perfect for families or groups looking for a spacious and comfortable place to live or vacation. Additionally, the chalet is located just 50 meters from the beach, allowing for quick and easy access to the sea. For added convenience, there is a pedestrian pathway that facilitates access to the beach, making this property a privileged spot for those who love the sun and the sea. Undoubtedly, this house has great potential to become a wonderful home with the right renovations. #ref:V3327
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Currency Exchange
Punta Prima, Spain, 0771
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Punta Prima, Spain, 0771
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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