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Opportunity for investors! Just 500 metres from the beautiful beach of La Mata, we present this charming property offering two independent flats, perfect for those looking for a smart investment or a versatile home
Torrevieja, Alicante, Spain
REF: 908365
€280,000
Description
Opportunity for investors! Just 500 metres from the beautiful beach of La Mata, we present this charming property offering two independent flats, perfect for those looking for a smart investment or a versatile home. On the ground floor, enjoy a spacious living and dining room with open plan kitchen, two cosy bedrooms and a modern bathroom with shower. The upper floor welcomes you with a spacious terrace, ideal for relaxing before entering the flat, which features two bright bedrooms and a bathroom with shower. The living room is integrated with an open plan kitchen and extends onto another south-east facing terrace, perfect for enjoying the sun.The communal courtyard is a real treasure, with barbecue, shower, storage room and laundry room, creating an ideal social space to enjoy the outdoors. This property is currently set up for rental, with all licenses in place, giving you the opportunity to keep one of the flats for your own use while renting out the other. With 108 m constructed, 4 bedrooms and 2 bathrooms, this flat in good condition is a jewel you can't miss out on. Don't miss the opportunity and ask to arrange a viewing. We will be happy to provide you with all the information about the property and about the profitability obtained with the holiday rental.
Opportunity for investors! Just 500 metres from the beautiful beach of La Mata, we present this charming property offering two independent flats, perfect for those looking for a smart investment or a versatile home. On the ground floor, enjoy a spacious living and dining room with open plan kitchen, two cosy bedrooms and a modern bathroom with shower. The upper floor welcomes you with a spacious terrace, ideal for relaxing before entering the flat, which features two bright bedrooms and a bathroom with shower. The living room is integrated with an open plan kitchen and extends onto another south-east facing terrace, perfect for enjoying the sun.The communal courtyard is a real treasure, with barbecue, shower, storage room and laundry room, creating an ideal social space to enjoy the outdoors. This property is currently set up for rental, with all licenses in place, giving you the opportunity to keep one of the flats for your own use while renting out the other. With 108 m constructed, 4 bedrooms and 2 bathrooms, this flat in good condition is a jewel you can't miss out on. Don't miss the opportunity and ask to arrange a viewing. We will be happy to provide you with all the information about the property and about the profitability obtained with the holiday rental.
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Currency Exchange
Torrevieja, 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 |
Torrevieja, 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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