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Unique Opportunity: House to Renovate or Build just 300 Meters from the Promenade in the New Port Area in Torrevieja Located in one of the most sought-after areas of Torrevieja, this property offers a blank canvas to create your dream home
Torrevieja, Alicante, Spain
REF: 909303
€250,000
Description
Unique Opportunity: House to Renovate or Build just 300 Meters from the Promenade in the New Port Area in Torrevieja Located in one of the most sought-after areas of Torrevieja, this property offers a blank canvas to create your dream home. With a privileged location just 300 meters from the beautiful promenade and in the emerging port area, this house is ideal for those looking for an investment with unlimited potential. It can be built under + 3 + attic and basements for garages Main Features: Unbeatable Location: Just a few steps from the vibrant promenade and the new port area of Torrevieja. Opportunity to Renovate or Build: Ideal for those who want to personalize every detail of their home according to their tastes and needs. Investment Potential: The privileged location and the growing popularity of the area ensure an excellent long-term investment. Coastal Environment: Enjoy proximity to white sandy beaches, restaurants, shops and all the amenities that life by the sea offers. Don't miss this unique opportunity to create your ideal home in one of the most exciting and up-and-coming areas of Torrevieja! Contact us today for more information and to schedule a viewing.
Unique Opportunity: House to Renovate or Build just 300 Meters from the Promenade in the New Port Area in Torrevieja Located in one of the most sought-after areas of Torrevieja, this property offers a blank canvas to create your dream home. With a privileged location just 300 meters from the beautiful promenade and in the emerging port area, this house is ideal for those looking for an investment with unlimited potential. It can be built under + 3 + attic and basements for garages Main Features: Unbeatable Location: Just a few steps from the vibrant promenade and the new port area of Torrevieja. Opportunity to Renovate or Build: Ideal for those who want to personalize every detail of their home according to their tastes and needs. Investment Potential: The privileged location and the growing popularity of the area ensure an excellent long-term investment. Coastal Environment: Enjoy proximity to white sandy beaches, restaurants, shops and all the amenities that life by the sea offers. Don't miss this unique opportunity to create your ideal home in one of the most exciting and up-and-coming areas of Torrevieja! Contact us today for more information and to schedule a viewing.
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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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 £7,785 more.
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