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REFERENCE: 009Property informationA 50 m house in Torrevieja with an excellent opportunity for those who want to complete the construction to their taste
La Siesta, Alicante, Spain
REF: 910564
€110,000
Description
REFERENCE: 009Property informationA 50 m house in Torrevieja with an excellent opportunity for those who want to complete the construction to their taste. The house already has electricity and water, and the necessary building materials are sold with it. The layout includes 2 bedrooms and 1 bathroom. The complex also has a communal pool where you can relax and cool off on hot summer days. The location of the house is very convenient. Within a radius of 1.5-2 km there are supermarkets and restaurants, which makes it easy to organize daily shopping and enjoy the variety of local cuisine. The house is close to the city center, which provides quick access to the main infrastructure and entertainment. The beach is also located only 1.5-2 km from the house, which makes it an ideal option for lovers of sea holidays. Enjoy the comfort of life in Torrevieja, surrounded by all the necessary amenities and the beauty of the Spanish coast.VIDEO
REFERENCE: 009Property informationA 50 m house in Torrevieja with an excellent opportunity for those who want to complete the construction to their taste. The house already has electricity and water, and the necessary building materials are sold with it. The layout includes 2 bedrooms and 1 bathroom. The complex also has a communal pool where you can relax and cool off on hot summer days. The location of the house is very convenient. Within a radius of 1.5-2 km there are supermarkets and restaurants, which makes it easy to organize daily shopping and enjoy the variety of local cuisine. The house is close to the city center, which provides quick access to the main infrastructure and entertainment. The beach is also located only 1.5-2 km from the house, which makes it an ideal option for lovers of sea holidays. Enjoy the comfort of life in Torrevieja, surrounded by all the necessary amenities and the beauty of the Spanish coast.VIDEO
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Currency Exchange
La Siesta, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £91,114 | £94,540 | £3,425 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £91,114 |
| Maximum cost in the last six months | £94,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,425 |
La Siesta, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £91,114 | £94,540 | £3,425 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £91,114 |
| Maximum cost in the last six months | £94,540 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,425 |
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 £3,425 more.
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