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This apartment is part of Villamartín Gardens in the residential area of El Barranco, Villamartín (province of Alicante), Costa Blanca South
Villamartin, Alicante, Spain
REF: 959125
€259,000
Description
This apartment is part of Villamartín Gardens in the residential area of El Barranco, Villamartín (province of Alicante), Costa Blanca South.It is a very quiet location and yet close to all amenities, the Zenia Boulevard shopping centre, the beaches of Orihuela Costa and the golf courses of Villamartín, Las Ramblas, Campoamor and Las Colinas.Less than 50% of the 2.5 hectares of the urbanisation has been developed. The rest has been filled with beautiful gardens, three swimming pools (one of which is covered and heated), a playground and bio-health fitness equipment.By making optimal use of the space between the buildings and focusing on the south-facing orientation of the spacious terraces of the apartments, all homes benefit from plenty of natural light.This apartment has been let on a long-term basis until the end of 2027, making it an ideal investment property. After the contract with the current tenants expires, the owner can use it himself.
This apartment is part of Villamartín Gardens in the residential area of El Barranco, Villamartín (province of Alicante), Costa Blanca South.It is a very quiet location and yet close to all amenities, the Zenia Boulevard shopping centre, the beaches of Orihuela Costa and the golf courses of Villamartín, Las Ramblas, Campoamor and Las Colinas.Less than 50% of the 2.5 hectares of the urbanisation has been developed. The rest has been filled with beautiful gardens, three swimming pools (one of which is covered and heated), a playground and bio-health fitness equipment.By making optimal use of the space between the buildings and focusing on the south-facing orientation of the spacious terraces of the apartments, all homes benefit from plenty of natural light.This apartment has been let on a long-term basis until the end of 2027, making it an ideal investment property. After the contract with the current tenants expires, the owner can use it himself.
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Currency Exchange
Villamartin, 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 €259,000 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 |
|---|---|---|---|
| €259,000 | £213,390 | £224,835 | £11,445 |
| Property Price € | €259,000 |
| Minimum cost in the last six months | £213,390 |
| Maximum cost in the last six months | £224,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,445 |
Villamartin, 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 €259,000 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 |
|---|---|---|---|
| €259,000 | £213,390 | £224,835 | £11,445 |
| Property Price € | €259,000 |
| Minimum cost in the last six months | £213,390 |
| Maximum cost in the last six months | £224,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,445 |
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 £11,445 more.
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