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The Property Gallery introduces a lovely traditional country house that is situated in the north-west of Tenerife and has been expanded and refurbished, whilst maintaining its original charm
El Tanque, Tenerife, Spain, 38435
REF: 172797
€450,000
Description
The Property Gallery introduces a lovely traditional country house that is situated in the north-west of Tenerife and has been expanded and refurbished, whilst maintaining its original charm. This property is accessed via a driveway and features a large outdoor space with a private swimming pool, big garden, cellar, barbecue area ideal for entertaining friends/family and space for parking several cars. Sold furnished. The house comprises of a living and dining room with a fireplace, open style kitchen and two large bedrooms with en-suite bathrooms. On the same plot of land there are other small structures with many possible uses. El Tanque is a small municipality in the region of Isla Baja in north-western Tenerife and has many hidden wonders like nature areas and buildings such as the Church of San Antonio de Padua. It is located 6 km west of Icod De Los Vinos and 53 km west of the island's capital Santa Cruz de Tenerife. Liability: Please note The Property Gallery receives property information, documents, plans, etc. From the seller and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore it is the responsibility of our clients to ensure that the information and details about the property is correct. All written offers are non-binding, may be subject to errors, price changes prior to the sale or withdrawal from the market without prior notice.[IW]
The Property Gallery introduces a lovely traditional country house that is situated in the north-west of Tenerife and has been expanded and refurbished, whilst maintaining its original charm. This property is accessed via a driveway and features a large outdoor space with a private swimming pool, big garden, cellar, barbecue area ideal for entertaining friends/family and space for parking several cars. Sold furnished. The house comprises of a living and dining room with a fireplace, open style kitchen and two large bedrooms with en-suite bathrooms. On the same plot of land there are other small structures with many possible uses. El Tanque is a small municipality in the region of Isla Baja in north-western Tenerife and has many hidden wonders like nature areas and buildings such as the Church of San Antonio de Padua. It is located 6 km west of Icod De Los Vinos and 53 km west of the island's capital Santa Cruz de Tenerife. Liability: Please note The Property Gallery receives property information, documents, plans, etc. From the seller and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore it is the responsibility of our clients to ensure that the information and details about the property is correct. All written offers are non-binding, may be subject to errors, price changes prior to the sale or withdrawal from the market without prior notice.[IW]
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Currency Exchange
El Tanque, Tenerife, Spain, 38435
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,243 | £387,279 | £13,037 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,243 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,037 |
El Tanque, Tenerife, Spain, 38435
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £374,243 | £387,279 | £13,037 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £374,243 |
| Maximum cost in the last six months | £387,279 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,037 |
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 £13,037 more.
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