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Spacious villa in Elche
Valverde, Spain
REF: 923219
€1,250,000
Description
Exceptional villa located in a prestigious part of Elche on the Costa Blanca. The property is 485 m in size and sits on a 4964 m plot, consisting of two separate buildings. The whole property is surrounded by a beautiful, landscaped garden and a private orchard with numerous tropical trees. There is a glazed and covered conservatory and a huge swimming pool for residents to enjoy. The main building offers six bedrooms, two kitchens, a spacious living room, a veranda and a covered terrace. The second building consists of two bedrooms, a shared bathroom and a garage for 2-4 cars. There is also an indoor jacuzzi on the property, which provides privacy for guests. The villa can accommodate between 18 and 22 people, creating excellent rental opportunities. During peak season, the rental price is 1,000 per night and the current tourist licence can easily be rewritten to the new owner. The location of the property is ideal, just a 20-minute drive from Alicante airport, 15 minutes to the beach and 5 minutes to the shopping centre and numerous restaurants. The villa is fully equipped with all the amenities to enjoy a comfortable life on the Costa Blanca. This is an excellent investment for those looking for a luxury rental home in beautiful location in Spain. Extras: summer kitchen, 290 m pond, air conditioning, monitoring system, ornamental garden, optional furniture. #ref:1702
Exceptional villa located in a prestigious part of Elche on the Costa Blanca. The property is 485 m in size and sits on a 4964 m plot, consisting of two separate buildings. The whole property is surrounded by a beautiful, landscaped garden and a private orchard with numerous tropical trees. There is a glazed and covered conservatory and a huge swimming pool for residents to enjoy. The main building offers six bedrooms, two kitchens, a spacious living room, a veranda and a covered terrace. The second building consists of two bedrooms, a shared bathroom and a garage for 2-4 cars. There is also an indoor jacuzzi on the property, which provides privacy for guests. The villa can accommodate between 18 and 22 people, creating excellent rental opportunities. During peak season, the rental price is 1,000 per night and the current tourist licence can easily be rewritten to the new owner. The location of the property is ideal, just a 20-minute drive from Alicante airport, 15 minutes to the beach and 5 minutes to the shopping centre and numerous restaurants. The villa is fully equipped with all the amenities to enjoy a comfortable life on the Costa Blanca. This is an excellent investment for those looking for a luxury rental home in beautiful location in Spain. Extras: summer kitchen, 290 m pond, air conditioning, monitoring system, ornamental garden, optional furniture. #ref:1702
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Currency Exchange
Valverde, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,074,313 | £44,438 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,438 |
Valverde, 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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,029,875 | £1,074,313 | £44,438 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,029,875 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,438 |
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 £44,438 more.
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