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La Huerta, Spain
REF: 985512
€750,000
Description
Commercial: In Muchamiel, just on the outskirts of Alicante is this unique estate comprising of two substantial houses set in an enclosed, flat plot of over 3 times its size. On prime urban land just a 10 minute drive to Alicante city centre, a 15 minute drive to Playa San Juan with its long sandy beach and only 20 minutes drive to the Alicante international airport, this estate benefits from ideal connections to the national road network and motorway. The first property measures about 600m2 and currently operates as an international school. The second building about 350m2 is to be renovated and also offers unique character and charm and further potential for development. Main house: Ground floor: Hallway, 2 generously-sized lounge dining rooms one with open fireplace, equipped separate kitchen, study, a bedroom, large patio and terrace and 2 bathrooms. Internal staircase up to the first floor. First floor: Hallway, five double bedrooms one as large as 36m2, 'L' shaped lounge with fireplace, study, bathroom and a store. Annex: Hall, large dining hall 67m2, kitchen and store. House to renovate: Ground floor: 2 halls, 5 double bedrooms, lounge with open fire and separate kitchen. Laundry room, bathroom and toilet. Basement. Exteriors: Extensive flat plot with some mature trees and playground areas. Features and attributes: both houses boast wood-beamed ceilings throughout, rustic style and mosaic flooring and finca and classic Spanish architecture. Ideal for those looking for a large residence with 2 homes or those wishing continue with or develop a commercial purpose to the estate. A prime piece of real estate with character and value. Property viewing by appointment only. #ref:COL_3369
Commercial: In Muchamiel, just on the outskirts of Alicante is this unique estate comprising of two substantial houses set in an enclosed, flat plot of over 3 times its size. On prime urban land just a 10 minute drive to Alicante city centre, a 15 minute drive to Playa San Juan with its long sandy beach and only 20 minutes drive to the Alicante international airport, this estate benefits from ideal connections to the national road network and motorway. The first property measures about 600m2 and currently operates as an international school. The second building about 350m2 is to be renovated and also offers unique character and charm and further potential for development. Main house: Ground floor: Hallway, 2 generously-sized lounge dining rooms one with open fireplace, equipped separate kitchen, study, a bedroom, large patio and terrace and 2 bathrooms. Internal staircase up to the first floor. First floor: Hallway, five double bedrooms one as large as 36m2, 'L' shaped lounge with fireplace, study, bathroom and a store. Annex: Hall, large dining hall 67m2, kitchen and store. House to renovate: Ground floor: 2 halls, 5 double bedrooms, lounge with open fire and separate kitchen. Laundry room, bathroom and toilet. Basement. Exteriors: Extensive flat plot with some mature trees and playground areas. Features and attributes: both houses boast wood-beamed ceilings throughout, rustic style and mosaic flooring and finca and classic Spanish architecture. Ideal for those looking for a large residence with 2 homes or those wishing continue with or develop a commercial purpose to the estate. A prime piece of real estate with character and value. Property viewing by appointment only. #ref:COL_3369
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Currency Exchange
La Huerta, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
La Huerta, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
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 £31,980 more.
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