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House
El Madronal, Tenerife, Spain
REF: 317241
€880,000
Description
REDUCED BY 50,000 !!! Morfitt Properties Tenerife are pleased to offer this large house in the popular area of El Madronal. The interior of this semi-detached property offers on entrance level, separate fully fitted kitchen with dinning area, guest shower-room, and large lounge. on the upper level there are 3 bedrooms and a family bathroom - the master bedroom benefits from en-suite bathroom and private terrace with sea views. The lower level of the property offers an additional sleeping area and bathroom. The exterior of the property has private parking to the front of the property and to the rear of the property there is a private pool and sun bathing area. The property is sold furnished and is within walking distance to shops, restaurants, schools and much more. Great family property.
REDUCED BY 50,000 !!! Morfitt Properties Tenerife are pleased to offer this large house in the popular area of El Madronal. The interior of this semi-detached property offers on entrance level, separate fully fitted kitchen with dinning area, guest shower-room, and large lounge. on the upper level there are 3 bedrooms and a family bathroom - the master bedroom benefits from en-suite bathroom and private terrace with sea views. The lower level of the property offers an additional sleeping area and bathroom. The exterior of the property has private parking to the front of the property and to the rear of the property there is a private pool and sun bathing area. The property is sold furnished and is within walking distance to shops, restaurants, schools and much more. Great family property.
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Currency Exchange
El Madronal, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £728,913 | £756,316 | £27,403 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £728,913 |
| Maximum cost in the last six months | £756,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,403 |
El Madronal, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £728,913 | £756,316 | £27,403 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £728,913 |
| Maximum cost in the last six months | £756,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,403 |
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 £27,403 more.
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