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Villa
L'Albir, Costa Blanca, Spain
REF: 972411
€800,000
Description
A 2 bedroom Villa with Restaurant in the centre Albir. A 2 bedroom villa with an interlinked restaurant in the heart of Albir and 13 and 13New to the market and a great opportunity to have your very own investment whilst at the same time living in Albir. and 13 and 13The Villa: and 13 and 13The villa comprises of two levels and has its own gated entrance from the street, drive way for one car and a small garden. The villa has been seperated in to two seperate drewllings. The ground floor for storage to the restaurant and upstairs as a rental investment. Both floors have their own private entrances and the ground floor also has an entrance directly in to the restaurant. and 13 and 13In our opinion, the property is in need of some TLC and modernising. However, we feel that with a quick reform, the property could look amazing. and 13 and 13On the ground floor you have your own small kitchenette, shower room, joint large storeroom with the restaurant that could be converted in to a further bedroom and you also have a garage. This could also be converted in to a further bedroom or a downstairs living room. and 13 and 13Upstairs comprises of one double bedroom with ensuite bathroom, glassed in Naya/ study room, living room and ktchen. and 13 and 13The restaurant: and 13 and 13Currently being leased and due to the location is busy all day long for drinks, snacks and main meals. The restaurant is licensed to hold 38 people inside and probably the same outside on the private terrace. The restaurant is very functional and has everything you need for a thriving business. Also, as a further benefit, the current occupier of the restaurant would like to remain at the restaurant. and 13 and 13Located on the Avienda de Albir, in the centre of all the shops and restaurant this lovely area has to offer and only a short walk down to the beach. Alicante Airport is approx. 62km
A 2 bedroom Villa with Restaurant in the centre Albir. A 2 bedroom villa with an interlinked restaurant in the heart of Albir and 13 and 13New to the market and a great opportunity to have your very own investment whilst at the same time living in Albir. and 13 and 13The Villa: and 13 and 13The villa comprises of two levels and has its own gated entrance from the street, drive way for one car and a small garden. The villa has been seperated in to two seperate drewllings. The ground floor for storage to the restaurant and upstairs as a rental investment. Both floors have their own private entrances and the ground floor also has an entrance directly in to the restaurant. and 13 and 13In our opinion, the property is in need of some TLC and modernising. However, we feel that with a quick reform, the property could look amazing. and 13 and 13On the ground floor you have your own small kitchenette, shower room, joint large storeroom with the restaurant that could be converted in to a further bedroom and you also have a garage. This could also be converted in to a further bedroom or a downstairs living room. and 13 and 13Upstairs comprises of one double bedroom with ensuite bathroom, glassed in Naya/ study room, living room and ktchen. and 13 and 13The restaurant: and 13 and 13Currently being leased and due to the location is busy all day long for drinks, snacks and main meals. The restaurant is licensed to hold 38 people inside and probably the same outside on the private terrace. The restaurant is very functional and has everything you need for a thriving business. Also, as a further benefit, the current occupier of the restaurant would like to remain at the restaurant. and 13 and 13Located on the Avienda de Albir, in the centre of all the shops and restaurant this lovely area has to offer and only a short walk down to the beach. Alicante Airport is approx. 62km
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Currency Exchange
L'Albir, Costa Blanca, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £694,472 | £35,352 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £694,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,352 |
L'Albir, Costa Blanca, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £694,472 | £35,352 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £694,472 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,352 |
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 £35,352 more.
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