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Villa
Alicante, Costa Blanca, Spain
REF: 988359
€1,400,000
Description
Huge mansion locate in Benissa. PB Property are delighted to present this magnificent 10 bedroom masnion in the heart of the historical town of Benissa on the Costa Blanca. This unique building dating back to the 16th century is nestled in the heart of the town surrounded by cobbled streets, the picturesque plaza, restaurants local bars and the stunning cathederal. Even though the property is inland it is situated just 10 minutes from the local beaches and attractions. The ground floor consists of various rooms and overlooks a typical Spanish stoned courtyard with private pool and huge bodega this area could easily be converted into a further 5/6 bedrooms if desired. The first floor main floor and the second floor are ideal as commercial space, but are also suitable for other purposes. It is ready for a creative buyer who wishes to stamp their style and vision on the building. The property is rich with historical details and benefits from a grand sweeping staircase. Possible uses are endless including a hotel, B and B, boutique hotel, family home and restaurant to name a few! For example there could easily be a restaurant situated on the main floor, with the possibility of 12 hotel rooms on the 2nd and 3rd floor. The total floor area is a colossal 1100m2 with a plot of 600m2 and a huge roof terrace overlooking the historical Benissa town and Cathederal. Electric heating in bedrooms and various rooms. 5 bathrooms plus two guest toilets. Possibilities for this plot of land are a further 6 bedrooms combined with parking/patio/ garden area making this a wonderful opportunity for its new buyer!
Huge mansion locate in Benissa. PB Property are delighted to present this magnificent 10 bedroom masnion in the heart of the historical town of Benissa on the Costa Blanca. This unique building dating back to the 16th century is nestled in the heart of the town surrounded by cobbled streets, the picturesque plaza, restaurants local bars and the stunning cathederal. Even though the property is inland it is situated just 10 minutes from the local beaches and attractions. The ground floor consists of various rooms and overlooks a typical Spanish stoned courtyard with private pool and huge bodega this area could easily be converted into a further 5/6 bedrooms if desired. The first floor main floor and the second floor are ideal as commercial space, but are also suitable for other purposes. It is ready for a creative buyer who wishes to stamp their style and vision on the building. The property is rich with historical details and benefits from a grand sweeping staircase. Possible uses are endless including a hotel, B and B, boutique hotel, family home and restaurant to name a few! For example there could easily be a restaurant situated on the main floor, with the possibility of 12 hotel rooms on the 2nd and 3rd floor. The total floor area is a colossal 1100m2 with a plot of 600m2 and a huge roof terrace overlooking the historical Benissa town and Cathederal. Electric heating in bedrooms and various rooms. 5 bathrooms plus two guest toilets. Possibilities for this plot of land are a further 6 bedrooms combined with parking/patio/ garden area making this a wonderful opportunity for its new buyer!
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Currency Exchange
Alicante, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,155,630 | £1,220,814 | £65,184 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,155,630 |
| Maximum cost in the last six months | £1,220,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £65,184 |
Alicante, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,155,630 | £1,220,814 | £65,184 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,155,630 |
| Maximum cost in the last six months | £1,220,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £65,184 |
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 £65,184 more.
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