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Apartment
Benidorm, Costa Blanca, Spain
REF: 988934
€395,000
Description
On the 29thfloor of Torre Lugano is this apartment with stunning panoramic views over all ofBenidorm, the mountains and the sea. The Torre Lugano building is the 2nd tallest building in Benidorm with a total of 42floors and a height of 158m. The apartment with a constructed area of 89m2 has 2 bedrooms, 2 bathrooms, living room and a large terrace, where you can enjoy the sun and views. The apartment is oriented to the south. It is very well maintained and has a new Daikin air conditioner with WIFI from 2024. There are also 2 private parking spaces inside the building. The apartment has a tourist license and is almost always rented to tourists. It has its own website. The profitability is very very high with demonstrable income in 2022 of 26600, in 2023 of 29500, and estimated income for 2024 of between 31000 and 34000! Website, furniture, accessories, customer base, . . . All Inclusive!Torre Lugano in Benidorm has 2 large outdoor swimming pools, another swimming pool for children, a gym, a large garden with playground, tennis court,paddle tennis court and you can also play football and basketball. Torre Lugano has a doorman and video surveillance.
On the 29thfloor of Torre Lugano is this apartment with stunning panoramic views over all ofBenidorm, the mountains and the sea. The Torre Lugano building is the 2nd tallest building in Benidorm with a total of 42floors and a height of 158m. The apartment with a constructed area of 89m2 has 2 bedrooms, 2 bathrooms, living room and a large terrace, where you can enjoy the sun and views. The apartment is oriented to the south. It is very well maintained and has a new Daikin air conditioner with WIFI from 2024. There are also 2 private parking spaces inside the building. The apartment has a tourist license and is almost always rented to tourists. It has its own website. The profitability is very very high with demonstrable income in 2022 of 26600, in 2023 of 29500, and estimated income for 2024 of between 31000 and 34000! Website, furniture, accessories, customer base, . . . All Inclusive!Torre Lugano in Benidorm has 2 large outdoor swimming pools, another swimming pool for children, a gym, a large garden with playground, tennis court,paddle tennis court and you can also play football and basketball. Torre Lugano has a doorman and video surveillance.
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Currency Exchange
Benidorm, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £342,896 | £16,843 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £342,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,843 |
Benidorm, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £342,896 | £16,843 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £342,896 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,843 |
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 £16,843 more.
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