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Attention, Developers What an Opportunity! Property for sale in a prime location in Guardamar, offering many advantages for building a modern residential project with stunning views
Guardamar Del Segura, Alicante, Spain
REF: 969127
€350,000
Description
Attention, Developers What an Opportunity! Property for sale in a prime location in Guardamar, offering many advantages for building a modern residential project with stunning views. This corner plot with a house has facades on three streets and dimensions of 11 by 21 meters. It allows for the construction of two apartments per floor of approximately 100110 m each, plus two setback penthouses. The buildable area of ground floor + 2 floors + attic offers great flexibility to design a functional and comfortable building. Its central location, close to all amenities and just 2 minutes from Reyes Católicos school, makes it very convenient for living or investment. The housing cost ratio of around 43,000 per unit is also an important factor for evaluating the investment. Additionally, the plot allows up to eight units with views over the park and the Vega Baja valley, in a quiet, elevated area ideal for those seeking peace, quality of life, and panoramic views. Proximity to the historic center and no need for underground parking add extra convenience and value. Would you like help exploring purchase, investment, or development options for this property? Prices do not include taxes or administrative costs. The information provided may be subject to change; therefore, the photographic and written advertisement is not legally binding.
Attention, Developers What an Opportunity! Property for sale in a prime location in Guardamar, offering many advantages for building a modern residential project with stunning views. This corner plot with a house has facades on three streets and dimensions of 11 by 21 meters. It allows for the construction of two apartments per floor of approximately 100110 m each, plus two setback penthouses. The buildable area of ground floor + 2 floors + attic offers great flexibility to design a functional and comfortable building. Its central location, close to all amenities and just 2 minutes from Reyes Católicos school, makes it very convenient for living or investment. The housing cost ratio of around 43,000 per unit is also an important factor for evaluating the investment. Additionally, the plot allows up to eight units with views over the park and the Vega Baja valley, in a quiet, elevated area ideal for those seeking peace, quality of life, and panoramic views. Proximity to the historic center and no need for underground parking add extra convenience and value. Would you like help exploring purchase, investment, or development options for this property? Prices do not include taxes or administrative costs. The information provided may be subject to change; therefore, the photographic and written advertisement is not legally binding.
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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 €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 | £288,365 | £303,832 | £15,467 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,467 |
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 €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 | £288,365 | £303,832 | £15,467 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £303,832 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,467 |
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 £15,467 more.
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