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Villa
Algorfa, Alicante, Spain
REF: 904816
€375,000
Description
New build detached villas on one level in La Finca Golf, close to all amenities, close to the typical Spanish village of Algorfa, and only a short drive to the Medsea. The villas come with 3 bedrooms, 2 bathrooms, spacious and bright living / dining area, open kitchen, landscaped garden, parking space on the plot and 88 sqm solarium. A private pool can be built as an option (20 000 euros). Included in the price are completely installed airco by ducts, video-intercom and white goods. We work in collaboration with the builder, contact us for more information or to make an appointment. ref:NFI-FI-0342a
New build detached villas on one level in La Finca Golf, close to all amenities, close to the typical Spanish village of Algorfa, and only a short drive to the Medsea. The villas come with 3 bedrooms, 2 bathrooms, spacious and bright living / dining area, open kitchen, landscaped garden, parking space on the plot and 88 sqm solarium. A private pool can be built as an option (20 000 euros). Included in the price are completely installed airco by ducts, video-intercom and white goods. We work in collaboration with the builder, contact us for more information or to make an appointment. ref:NFI-FI-0342a
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Currency Exchange
Algorfa, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Algorfa, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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