Dual-Building Property with Rental Potential in Monóvar, AlicanteThis unique property consists of two connected buildings, offering a versatile layout and excellent potential for both personal use and rental income

Monóvar, Alicante, Spain

For Sale

€69,000

REF: 930503 €69,000


5

2

210 m2

Description

Dual-Building Property with Rental Potential in Monóvar, AlicanteThis unique property consists of two connected buildings, offering a versatile layout and excellent potential for both personal use and rental income. Each floor has its own independent entrance from the street, making it easy to divide the spaces if desired.The ground floor features a spacious living room with a fireplace, large bedrooms, and a roomy kitchen.

While some updates are needed, the layout is functional and offers plenty of possibilities. At the back, a semi-covered patio provides a charming outdoor space for relaxing or entertaining.The upper floor, accessible via a separate entrance, also includes spacious bedrooms and a large attic area. The attic can be renovated into a playroom, office, or additional living space, depending on your needs.

Although more renovation is required on this level, the potential to create a unique and comfortable living space is clear.Whether you're looking to create a family home, a multi-unit rental property, or a combination of both, this property offers flexibility and opportunity for a strong return on investment.About the AreaLocated in Monóvar, Alicante, this property is nestled in a peaceful town known for its rich cultural heritage and friendly community.

Monóvar offers all the essentials, including shops, schools, restaurants, and healthcare facilities, while maintaining a relaxed, small-town atmosphere. It's just 30 minutes from Alicante and its beautiful beaches, making it an excellent base for both permanent living and holiday rentals.This property is perfect for those seeking a renovation project with the potential to generate significant income or create a spacious, personalized home.

Contact us to arrange a viewing and see the possibilities firsthand!We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas.

We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
Dual-Building Property with Rental Potential in Monóvar, AlicanteThis unique property consists of two connected buildings, offering a versatile layout and excellent potential for both personal use and rental income. Each floor has its own independent entrance from the street, making it easy to divide the spaces if desired.The ground floor features a spacious living room with a fireplace, large bedrooms, and a roomy kitchen.

While some updates are needed, the layout is functional and offers plenty of possibilities. At the back, a semi-covered patio provides a charming outdoor space for relaxing or entertaining.The upper floor, accessible via a separate entrance, also includes spacious bedrooms and a large attic area. The attic can be renovated into a playroom, office, or additional living space, depending on your needs.

Although more renovation is required on this level, the potential to create a unique and comfortable living space is clear.Whether you're looking to create a family home, a multi-unit rental property, or a combination of both, this property offers flexibility and opportunity for a strong return on investment.About the AreaLocated in Monóvar, Alicante, this property is nestled in a peaceful town known for its rich cultural heritage and friendly community.

Monóvar offers all the essentials, including shops, schools, restaurants, and healthcare facilities, while maintaining a relaxed, small-town atmosphere. It's just 30 minutes from Alicante and its beautiful beaches, making it an excellent base for both permanent living and holiday rentals.This property is perfect for those seeking a renovation project with the potential to generate significant income or create a spacious, personalized home.

Contact us to arrange a viewing and see the possibilities firsthand!We have a large portfolio of properties in the Costa Blanca and Costa Calida areas, specialising in country properties, villas, fincas, building plots and design and build options in the Alicante and Murcia regions with a particular emphasis on Elda, Monovar, Pinoso, Sax, Villena, Aspe, Fortuna, Albacete and many more surrounding areas.

We have been established since 2004 and have decades of experience between the team which we bring to bear to help you find and secure your new dream home. We help you every step of the way to make sure your purchase in Spain is safe and hassle free. We are not here to sell you a property, we are here to help you realise your dream and find what is right for you. With us you are in the safest hands. Contact us now to have a no obligation chat about how you too can realise your dreams.
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Property on Map

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Currency Exchange

Monóvar, 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 €69,000 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
€69,000 £56,849 £58,380 £1,531
Property Price € €69,000
Minimum cost in the last six months £56,849
Maximum cost in the last six months £58,380
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,531

Monóvar, 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 €69,000 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
€69,000 £56,849 £58,380 £1,531
Property Price € €69,000
Minimum cost in the last six months £56,849
Maximum cost in the last six months £58,380
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,531

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 £1,531 more.

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