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People's House
7 Altea, Alicante, Spain
REF: 907704
€280,000
Description
Charming town house with great potential located in the heart of Altea, with 130 m built. The house is divided into two floors, offering versatility and multiple renovation options. On the first floor there is a cosy entrance hall that leads to a spacious livingdining room, a separate kitchen with a utility room, and three bedrooms. One of these rooms stands out for having an ensuite bathroom and direct access to an exclusive terrace. The ground floor offers even more possibilities, as it has an additional bedroom with a full bathroom, as well as a second kitchen with a separate entrance from another street, allowing this area to be adapted as a separate study or guest area. The property is equipped with security grills and air conditioning, although it needs a renovation to update it and take advantage of its great potential.
Charming town house with great potential located in the heart of Altea, with 130 m built. The house is divided into two floors, offering versatility and multiple renovation options. On the first floor there is a cosy entrance hall that leads to a spacious livingdining room, a separate kitchen with a utility room, and three bedrooms. One of these rooms stands out for having an ensuite bathroom and direct access to an exclusive terrace. The ground floor offers even more possibilities, as it has an additional bedroom with a full bathroom, as well as a second kitchen with a separate entrance from another street, allowing this area to be adapted as a separate study or guest area. The property is equipped with security grills and air conditioning, although it needs a renovation to update it and take advantage of its great potential.
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Currency Exchange
7 Altea, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
7 Altea, 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 €280,000 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 |
|---|---|---|---|
| €280,000 | £231,927 | £240,646 | £8,719 |
| Property Price € | €280,000 |
| Minimum cost in the last six months | £231,927 |
| Maximum cost in the last six months | £240,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,719 |
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 £8,719 more.
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