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South-east facing house, located 700m from Acequion Beach
Torrevieja, Alicante, Spain
REF: 732356
€99,000
Description
South-east facing house, located 700m from Acequion Beach. The apartment consists of two bedrooms and a full bathroom, separate kitchen, glazed terrace, A/C in the living room, the residential has a community pool with gardens and a leisure area, the house is delivered furnished and equipped ready to move into. It is located close to all types of services, restaurants, pharmacies, supermarkets and just 10 minutes walk to the center of Torrevieja.Community expenses 30 per month and IBI tax 160/year
South-east facing house, located 700m from Acequion Beach. The apartment consists of two bedrooms and a full bathroom, separate kitchen, glazed terrace, A/C in the living room, the residential has a community pool with gardens and a leisure area, the house is delivered furnished and equipped ready to move into. It is located close to all types of services, restaurants, pharmacies, supermarkets and just 10 minutes walk to the center of Torrevieja.Community expenses 30 per month and IBI tax 160/year
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Currency Exchange
Torrevieja, 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 €99,000 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 |
|---|---|---|---|
| €99,000 | £84,218 | £86,773 | £2,554 |
| Property Price € | €99,000 |
| Minimum cost in the last six months | £84,218 |
| Maximum cost in the last six months | £86,773 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,554 |
Torrevieja, 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 €99,000 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 |
|---|---|---|---|
| €99,000 | £84,218 | £86,773 | £2,554 |
| Property Price € | €99,000 |
| Minimum cost in the last six months | £84,218 |
| Maximum cost in the last six months | £86,773 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,554 |
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 £2,554 more.
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