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Nestled in the emerging residential sector of El Mirador, Guardamar del Segura, this property offers a unique opportunity to own a substantial private estate within a rapidly developing area
Guardamar Del Segura, Alicante, Spain
REF: 966181
€450,000
Description
Nestled in the emerging residential sector of El Mirador, Guardamar del Segura, this property offers a unique opportunity to own a substantial private estate within a rapidly developing area. The expansive 2,930 m plot hosts a single-level home with a generous 311 m of constructed area, classified as urban property and fully serviced with water and electricity, soon to be connected to a central sewage system. The main house features a practical layout with four bedrooms, two bathrooms, a separate kitchen, and a cozy living room complete with a fireplace. A rooftop terrace enhances the space, providing views of the surrounding area. Adjacent to the main home, a guest house offers two additional bedrooms, a kitchen, and a full bathroom, ensuring privacy with its own entrance. The property also includes a closed garage with ample storage, multiple sheds, covered parking, and a summer BBQ area, making it ideal for both residential and leisure purposes. A large swimming pool is a centerpiece of the garden, promising endless relaxation. While the property requires renovation, it presents a fully legal investment opportunity, with the possibility to rebuild entirely within the current footprint of 311 m . Conveniently located, it is a short drive from Ciudad Quesada and Guardamar del Segura, with amenities such as a supermarket just five minutes away. Alicante Airport is easily accessible within 40 minutes, ensuring excellent connectivity. This property is an exceptional prospect for those seeking a spacious home or investment in a tranquil yet accessible location. Visits are available upon request. Taxes and associated purchase expenses are not included in the price.
Nestled in the emerging residential sector of El Mirador, Guardamar del Segura, this property offers a unique opportunity to own a substantial private estate within a rapidly developing area. The expansive 2,930 m plot hosts a single-level home with a generous 311 m of constructed area, classified as urban property and fully serviced with water and electricity, soon to be connected to a central sewage system. The main house features a practical layout with four bedrooms, two bathrooms, a separate kitchen, and a cozy living room complete with a fireplace. A rooftop terrace enhances the space, providing views of the surrounding area. Adjacent to the main home, a guest house offers two additional bedrooms, a kitchen, and a full bathroom, ensuring privacy with its own entrance. The property also includes a closed garage with ample storage, multiple sheds, covered parking, and a summer BBQ area, making it ideal for both residential and leisure purposes. A large swimming pool is a centerpiece of the garden, promising endless relaxation. While the property requires renovation, it presents a fully legal investment opportunity, with the possibility to rebuild entirely within the current footprint of 311 m . Conveniently located, it is a short drive from Ciudad Quesada and Guardamar del Segura, with amenities such as a supermarket just five minutes away. Alicante Airport is easily accessible within 40 minutes, ensuring excellent connectivity. This property is an exceptional prospect for those seeking a spacious home or investment in a tranquil yet accessible location. Visits are available upon request. Taxes and associated purchase expenses are not included in the price.
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Currency Exchange
Guardamar Del Segura, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
Guardamar Del Segura, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
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 £19,886 more.
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