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Welcome to this well-planned studio of 31 square meters, located in the heart of Torrevieja! Here you get a home in good condition that offers a perfect accommodation for those looking for a convenient and central location, whether you are looking for an investment or a vacation home
Torrevieja, Alicante, Spain
REF: 967161
€110,000
Description
Welcome to this well-planned studio of 31 square meters, located in the heart of Torrevieja! Here you get a home in good condition that offers a perfect accommodation for those looking for a convenient and central location, whether you are looking for an investment or a vacation home. The studio is located in a well-kept property with an elevator and offers a spacious balcony where you can enjoy the sun's rays throughout the day. The practical floor plan provides an open and airy feel, making the residence a pleasant home all year round. With only just over 270 meters to the beautiful beach Cala del Palangre and 450 meters to the popular Playa Los Locos, you have the beach within short walking distance. Here you also live close to everything Torrevieja has to offer: restaurants, cafes, grocery stores, gyms and shopping opportunities are within a short walk. This is a perfect opportunity for those who want a flexible home in a sought-after area with proximity to everything that makes life by the Mediterranean so wonderful! SUMA/IBI (property tax) : 140 / year COMUNIDAD (association fee): 32 / month
Welcome to this well-planned studio of 31 square meters, located in the heart of Torrevieja! Here you get a home in good condition that offers a perfect accommodation for those looking for a convenient and central location, whether you are looking for an investment or a vacation home. The studio is located in a well-kept property with an elevator and offers a spacious balcony where you can enjoy the sun's rays throughout the day. The practical floor plan provides an open and airy feel, making the residence a pleasant home all year round. With only just over 270 meters to the beautiful beach Cala del Palangre and 450 meters to the popular Playa Los Locos, you have the beach within short walking distance. Here you also live close to everything Torrevieja has to offer: restaurants, cafes, grocery stores, gyms and shopping opportunities are within a short walk. This is a perfect opportunity for those who want a flexible home in a sought-after area with proximity to everything that makes life by the Mediterranean so wonderful! SUMA/IBI (property tax) : 140 / year COMUNIDAD (association fee): 32 / month
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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 €110,000 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 |
|---|---|---|---|
| €110,000 | £90,629 | £95,490 | £4,861 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £90,629 |
| Maximum cost in the last six months | £95,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,861 |
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 €110,000 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 |
|---|---|---|---|
| €110,000 | £90,629 | £95,490 | £4,861 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £90,629 |
| Maximum cost in the last six months | £95,490 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,861 |
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 £4,861 more.
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