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Elegantly designed down to the most minute detail, these 2 bedroom luxury apartments are ideal for the buyer seeking a world-class finished product in Tenerife
Guia de Isora, Santa Cruz de Tenerife, Spain
REF: 307476
€720,000
Description
Elegantly designed down to the most minute detail, these 2 bedroom luxury apartments are ideal for the buyer seeking a world-class finished product in Tenerife. Las Terrazas are Abama s answer to luxury apartment living. Not only are Las Terrazas delivered fully completed and decorated, they also enjoy hotel service and are managed by Abama when not in use by their proprietors. There is no easier second residence or Tenerife vacation property to own, whether intended for personal use or as an investment. Each of the Las Terrazas buildings, dotted around a hill overlooking La Gomera island, boasts a unique architectural style. The Las Terrazas apartments provide all their inhabitants with spectacular views of the ocean and the luxury resort s subtropical gardens. Moreover, the complex is centrally located between the first and second holes of our Dave Thomas golf course, just a short walk from the clubhouse. Each apartment is provided with an open terrace from which to enjoy the panoramic vistas of Tenerife. The ethnic modern interiors are designed to meld seamlessly into the natural environment, with the open-concept living spaces flowing easily into the outdoor terraces and the Canary Islands landscape beyond. Walnut furniture, marble tiles, and natural silk and linen fibres give the rustic colonial decoration a sense of warmth and durability. As in all the Las Terrazas luxury apartments, the bathrooms include baths as well as showers. The ground-floor flats in each building have gardens and, like all the Las Terrazas luxury apartments, private parking and storage rooms. Other shared amenities include three swimming pools and a social club, and owners and guests also have access to the professional tennis complex, the beach, and our golf course, one of the finest in Europe.
Elegantly designed down to the most minute detail, these 2 bedroom luxury apartments are ideal for the buyer seeking a world-class finished product in Tenerife. Las Terrazas are Abama s answer to luxury apartment living. Not only are Las Terrazas delivered fully completed and decorated, they also enjoy hotel service and are managed by Abama when not in use by their proprietors. There is no easier second residence or Tenerife vacation property to own, whether intended for personal use or as an investment. Each of the Las Terrazas buildings, dotted around a hill overlooking La Gomera island, boasts a unique architectural style. The Las Terrazas apartments provide all their inhabitants with spectacular views of the ocean and the luxury resort s subtropical gardens. Moreover, the complex is centrally located between the first and second holes of our Dave Thomas golf course, just a short walk from the clubhouse. Each apartment is provided with an open terrace from which to enjoy the panoramic vistas of Tenerife. The ethnic modern interiors are designed to meld seamlessly into the natural environment, with the open-concept living spaces flowing easily into the outdoor terraces and the Canary Islands landscape beyond. Walnut furniture, marble tiles, and natural silk and linen fibres give the rustic colonial decoration a sense of warmth and durability. As in all the Las Terrazas luxury apartments, the bathrooms include baths as well as showers. The ground-floor flats in each building have gardens and, like all the Las Terrazas luxury apartments, private parking and storage rooms. Other shared amenities include three swimming pools and a social club, and owners and guests also have access to the professional tennis complex, the beach, and our golf course, one of the finest in Europe.
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Currency Exchange
Guia de Isora, Santa Cruz de Tenerife, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
Guia de Isora, Santa Cruz de Tenerife, 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 €720,000 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 |
|---|---|---|---|
| €720,000 | £596,383 | £618,804 | £22,421 |
| Property Price € | €720,000 |
| Minimum cost in the last six months | £596,383 |
| Maximum cost in the last six months | £618,804 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,421 |
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 £22,421 more.
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