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Exceptional Investment Opportunity: 7 Independent Units in AlbirThis exceptional investment opportunity is located in the heart of Albir, on a generous 1,104 m plot with a total built area of 547 m
Albir, Alicante, Spain
REF: 1001912
€1,750,000
Description
Exceptional Investment Opportunity: 7 Independent Units in AlbirThis exceptional investment opportunity is located in the heart of Albir, on a generous 1,104 m plot with a total built area of 547 m . The property consists of 7 fully independent units, each with its own private kitchen, making it a perfect choice for investors or large families seeking privacy and flexibility. The villa was refurbished in 2017 and includes modern features such as underfloor heating, air conditioning on two floors, and a large private swimming pool surrounded by a spacious garden.Key features include 15 bedrooms and 9 bathrooms across the 7 selfcontained units, with most of the units recently renovated. The property also boasts two rooftop terraces offering stunning mountain views, and is centrally located within walking distance to shops, restaurants, and the beach. Each unit has its own entrance, providing complete privacy and independence, ideal for multigenerational families, holiday rentals, or guests.With an estimated yearly rental income of up to 200,000, this villa offers an attractive return on investment in one of the Costa Blanca s most soughtafter areas.Distances:Beach: 10minute walkAlicante Airport: 45 minutes by carValencia: 1 hour 45 minutes by car
Exceptional Investment Opportunity: 7 Independent Units in AlbirThis exceptional investment opportunity is located in the heart of Albir, on a generous 1,104 m plot with a total built area of 547 m . The property consists of 7 fully independent units, each with its own private kitchen, making it a perfect choice for investors or large families seeking privacy and flexibility. The villa was refurbished in 2017 and includes modern features such as underfloor heating, air conditioning on two floors, and a large private swimming pool surrounded by a spacious garden.Key features include 15 bedrooms and 9 bathrooms across the 7 selfcontained units, with most of the units recently renovated. The property also boasts two rooftop terraces offering stunning mountain views, and is centrally located within walking distance to shops, restaurants, and the beach. Each unit has its own entrance, providing complete privacy and independence, ideal for multigenerational families, holiday rentals, or guests.With an estimated yearly rental income of up to 200,000, this villa offers an attractive return on investment in one of the Costa Blanca s most soughtafter areas.Distances:Beach: 10minute walkAlicante Airport: 45 minutes by carValencia: 1 hour 45 minutes by car
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Currency Exchange
Albir, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,444,538 | £1,531,810 | £87,273 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,444,538 |
| Maximum cost in the last six months | £1,531,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,273 |
Albir, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,444,538 | £1,531,810 | £87,273 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,444,538 |
| Maximum cost in the last six months | £1,531,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,273 |
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 £87,273 more.
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