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Finca
Cocentaina, Costa Blanca, Spain
REF: 972930
€790,000
Description
Historic Property with Endless Tourist Accommodation Potential in CocentainaDiscover the charm and history of this 1920 property in the heart of Alicante province, near Costa Blanca. Perfect for creating a lucrative tourist accommodation, this estate offers:- Idyllic Location: Situated on the Valesse River, surrounded by nature, yet close to the A-7 highway. Just 45 minutes from Alicante and its airport, and 1 hour and 15 minutes from Valencia. - Expansive Grounds: 74,000 square meters of flat land with lush gardens featuring olive trees and various fruittrees such as apple, plum, fig, walnut, peach mandarin, and lemon. Ideal for agricultural pursuits or housing animals like horses. - Stunning Main Building: 1,800 square meters, with 400 square meters already renovated. Features include a large living room, fully equipped kitchen, multiple bedrooms and bathrooms, and a unique turret apartment. - Versatile Entrances: Six different entrances, ideal for various tourist activities. - Rich Potential: Large wine cellar perfect for vineyard and wine production. Five additional outbuildings, including a chapel, ready for renovation into venues, retreats, or a bed and breakfast. - Amenities: Large swimming pool, private water source, connected to electricity and water networks. - Expansion Opportunities: Official certificado de compatibilidad allows for tourist activities, retreats, sports events, and more. Potential to build an additional 500 square meters with the necessary licenses. Historical SignificanceOriginally a monastery, this property has a rich history. It later served as a wedding venue and partly as a frame-making workshop and exhibition hall. This blend of historical architecture and modern amenities makes it a unique and attractive investment opportunity. Cocentaina is renowned for its festivals, nature parks, and cultural attractions, making this historic property a prime investment for a thriving tourist business. Transform this unique piece of paradise into a profitableventuretoday!
Historic Property with Endless Tourist Accommodation Potential in CocentainaDiscover the charm and history of this 1920 property in the heart of Alicante province, near Costa Blanca. Perfect for creating a lucrative tourist accommodation, this estate offers:- Idyllic Location: Situated on the Valesse River, surrounded by nature, yet close to the A-7 highway. Just 45 minutes from Alicante and its airport, and 1 hour and 15 minutes from Valencia. - Expansive Grounds: 74,000 square meters of flat land with lush gardens featuring olive trees and various fruittrees such as apple, plum, fig, walnut, peach mandarin, and lemon. Ideal for agricultural pursuits or housing animals like horses. - Stunning Main Building: 1,800 square meters, with 400 square meters already renovated. Features include a large living room, fully equipped kitchen, multiple bedrooms and bathrooms, and a unique turret apartment. - Versatile Entrances: Six different entrances, ideal for various tourist activities. - Rich Potential: Large wine cellar perfect for vineyard and wine production. Five additional outbuildings, including a chapel, ready for renovation into venues, retreats, or a bed and breakfast. - Amenities: Large swimming pool, private water source, connected to electricity and water networks. - Expansion Opportunities: Official certificado de compatibilidad allows for tourist activities, retreats, sports events, and more. Potential to build an additional 500 square meters with the necessary licenses. Historical SignificanceOriginally a monastery, this property has a rich history. It later served as a wedding venue and partly as a frame-making workshop and exhibition hall. This blend of historical architecture and modern amenities makes it a unique and attractive investment opportunity. Cocentaina is renowned for its festivals, nature parks, and cultural attractions, making this historic property a prime investment for a thriving tourist business. Transform this unique piece of paradise into a profitableventuretoday!
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Currency Exchange
Cocentaina, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £651,529 | £685,791 | £34,262 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £651,529 |
| Maximum cost in the last six months | £685,791 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,262 |
Cocentaina, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £651,529 | £685,791 | £34,262 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £651,529 |
| Maximum cost in the last six months | £685,791 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,262 |
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 £34,262 more.
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