Typical house of Cabanyal to renovate overlooks two streets

Valencia, Valencia, Spain

For Sale

€380,000

REF: 947772 €380,000


4

2

200 m2

145 m2

Description

Typical house of Cabanyal to renovate overlooks two streets. Investment opportunity. The ground floor has 144m2 (open-plan), and the first floor has 56m2 built. The old Fallas building will be renovated to convert it into one (or several) homes. On the upper floor, the false ceiling can be removed and leave the high ceiling sloping and even make a mezzanine.

With many possibilities for reform! We can make renovation budgets and provide guidance without obligation. The adjacent building is also for sale. Very well located, next to the beach, in the most dynamic area of Valencia. Surrounded by all services and facilities and very well connected by tram-metro. A video is available on our website. Please contact us to arrange a viewing. This announcement is informational and has no contractual value, and may contain errors. Expenses and taxes not included. We speak Spanish, English and Dutch.
Typical house of Cabanyal to renovate overlooks two streets. Investment opportunity. The ground floor has 144m2 (open-plan), and the first floor has 56m2 built. The old Fallas building will be renovated to convert it into one (or several) homes. On the upper floor, the false ceiling can be removed and leave the high ceiling sloping and even make a mezzanine.

With many possibilities for reform! We can make renovation budgets and provide guidance without obligation. The adjacent building is also for sale. Very well located, next to the beach, in the most dynamic area of Valencia. Surrounded by all services and facilities and very well connected by tram-metro. A video is available on our website. Please contact us to arrange a viewing. This announcement is informational and has no contractual value, and may contain errors. Expenses and taxes not included. We speak Spanish, English and Dutch.
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Property on Map

#12071

Currency Exchange

Valencia, Valencia, 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 €380,000 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
€380,000 £313,082 £321,514 £8,432
Property Price € €380,000
Minimum cost in the last six months £313,082
Maximum cost in the last six months £321,514
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,432

Valencia, Valencia, 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 €380,000 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
€380,000 £313,082 £321,514 £8,432
Property Price € €380,000
Minimum cost in the last six months £313,082
Maximum cost in the last six months £321,514
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,432

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 £8,432 more.

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