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Building on the second line of the sea
Casc Antic, Spain
REF: 756143
€350,000
Description
Building on the second line of the sea, located 2 minutes from the church, the town hall, supermarkets and shops of all kinds, in one of the most commercial streets of Lloret de Mar, parallel to the promenade, to a privileged location. It consists of three 4-bedroom houses with balconies and terraces, south facing. The building needs renovation. It has an unbeatable location due to the proximity to the beach and all services. Ideal for investors who want to update the three homes for subsequent sale or rent. This property is a product of Apialia. #ref:2111
Building on the second line of the sea, located 2 minutes from the church, the town hall, supermarkets and shops of all kinds, in one of the most commercial streets of Lloret de Mar, parallel to the promenade, to a privileged location. It consists of three 4-bedroom houses with balconies and terraces, south facing. The building needs renovation. It has an unbeatable location due to the proximity to the beach and all services. Ideal for investors who want to update the three homes for subsequent sale or rent. This property is a product of Apialia. #ref:2111
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Currency Exchange
Casc Antic, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
Casc Antic, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
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 £9,048 more.
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