About the investment: The price of 975,000 euros is for the house alone, but you can also buy the rental business

Punta Prima, Alicante, Spain

For Sale

€930,000

REF: 968749 €930,000


5

5


180 m2

500 m2

Description

About the investment: The price of 975,000 euros is for the house alone, but you can also buy the rental business. There is a lease agreement on a minibus that can be taken over or it will be terminated). This includes a website, a social media page and above all, a fantastic customer base. The price for the house and rental business is 1,050,000 euros (where you are guaranteed a return of 100,000 euros minus operating costs in the first year).

Costs to consider are approximately 200-400 euros per month in electricity. The cost of water is just under 100 euros per month. About the house: 180 sqm 500 sqm plot Private heated pool Totally renovated 2022 The villa has won design awards Fantastic house just 200 meters from the popular beach of Punta Prima (just south of Torrevieja). This is a house for those who want a unique accommodation and location. This is also an already proven good investment as a rental license is available and very good rental income can be shown (contact us for more information). The house consists of 5 double rooms - where all rooms have hotel standard: - Private bathroom/WC - Private balcony or patio - Flat screen TV - Coffee machine - Mini fridge - AC Four of the rooms have a sofa bed/sofa in total the villa can accommodate up to 14 people. In addition, there is a well-equipped kitchen, dining room and a lovely lounge for socializing.

The house has two fireplaces and there is also a guest toilet next to the dining room. Outside there are lovely social areas. There is a dining area under the roof where you will also find an outdoor kitchen and barbecue. By the barbecue area you will find a herb garden. The lush garden offers a number of different places to eat and socialize.

The pergola offers comfortable armchairs for relaxation. The pool area with the heated pool is the icing on the cake. There are sun loungers, a golden outdoor shower and a daybed for relaxing in the shade. The house is completely renovated and tastefully decorated. The villa is close to restaurants, shops and other amenities.

Within 20 minutes you will find over 10 good golf courses. This is a perfect full time residence close to the sea, and a fantastic investment opportunity for investors looking for a high return on investment. Contact us to arrange your viewing appointment.
About the investment: The price of 975,000 euros is for the house alone, but you can also buy the rental business. There is a lease agreement on a minibus that can be taken over or it will be terminated). This includes a website, a social media page and above all, a fantastic customer base. The price for the house and rental business is 1,050,000 euros (where you are guaranteed a return of 100,000 euros minus operating costs in the first year).

Costs to consider are approximately 200-400 euros per month in electricity. The cost of water is just under 100 euros per month. About the house: 180 sqm 500 sqm plot Private heated pool Totally renovated 2022 The villa has won design awards Fantastic house just 200 meters from the popular beach of Punta Prima (just south of Torrevieja). This is a house for those who want a unique accommodation and location. This is also an already proven good investment as a rental license is available and very good rental income can be shown (contact us for more information). The house consists of 5 double rooms - where all rooms have hotel standard: - Private bathroom/WC - Private balcony or patio - Flat screen TV - Coffee machine - Mini fridge - AC Four of the rooms have a sofa bed/sofa in total the villa can accommodate up to 14 people. In addition, there is a well-equipped kitchen, dining room and a lovely lounge for socializing.

The house has two fireplaces and there is also a guest toilet next to the dining room. Outside there are lovely social areas. There is a dining area under the roof where you will also find an outdoor kitchen and barbecue. By the barbecue area you will find a herb garden. The lush garden offers a number of different places to eat and socialize.

The pergola offers comfortable armchairs for relaxation. The pool area with the heated pool is the icing on the cake. There are sun loungers, a golden outdoor shower and a daybed for relaxing in the shade. The house is completely renovated and tastefully decorated. The villa is close to restaurants, shops and other amenities.

Within 20 minutes you will find over 10 good golf courses. This is a perfect full time residence close to the sea, and a fantastic investment opportunity for investors looking for a high return on investment. Contact us to arrange your viewing appointment.
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Currency Exchange

Punta Prima, 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 €930,000 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
€930,000 £766,227 £807,324 £41,097
Property Price € €930,000
Minimum cost in the last six months £766,227
Maximum cost in the last six months £807,324
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,097

Punta Prima, 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 €930,000 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
€930,000 £766,227 £807,324 £41,097
Property Price € €930,000
Minimum cost in the last six months £766,227
Maximum cost in the last six months £807,324
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,097

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 £41,097 more.

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