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Large house with working finca and 3 legal holiday rentals in Buen Paso, Icod de los Vinos in north Tenerife
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 533274
€850,000
Description
Large house with working finca and 3 legal holiday rentals in Buen Paso, Icod de los Vinos in north Tenerife. Located at very low altitude next to the coast with stunning sea and Teide views. Renovated with new windows, doors, bathrooms, wood ceilings, and recently painted. The main house is accessed from a quiet no through road by electric gates. There is two spacious floors offering open plan kitchen dinning, bathroom and living area on the first floor, 4 bedrooms and 2 bathrooms downstairs. Set into the hillside there is 3 separate apartments ( with legal rental license) nestled in beautiful gardens, all with their own private terraces where the excellent views can be enjoyed. There is also a swimming pool and bar/bbq area for guests. The lower part is accessed by your own private road leading down to the vineyard and many fruit trees. The property is completely fenced, private, well maintained and located in an extremely desirable location. With a good regular income all year round. Walking distance from the village of Buen Paso. 3 min drive from Icod de los Vinos. 20 min drive to Puerto de la Cruz. The offer is subject to errors, price changes, omissions and/or market withdrawals without notice. The costs of transfer, notary and registration of ownership are 6.5% and will be borne by the buyer. The seller pays commission costs. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This enables us to work with international customers. Do not hesitate to contact us. Your international real estate agent in Tenerife Visit http://www.agatatenerife.com for more information
Large house with working finca and 3 legal holiday rentals in Buen Paso, Icod de los Vinos in north Tenerife. Located at very low altitude next to the coast with stunning sea and Teide views. Renovated with new windows, doors, bathrooms, wood ceilings, and recently painted. The main house is accessed from a quiet no through road by electric gates. There is two spacious floors offering open plan kitchen dinning, bathroom and living area on the first floor, 4 bedrooms and 2 bathrooms downstairs. Set into the hillside there is 3 separate apartments ( with legal rental license) nestled in beautiful gardens, all with their own private terraces where the excellent views can be enjoyed. There is also a swimming pool and bar/bbq area for guests. The lower part is accessed by your own private road leading down to the vineyard and many fruit trees. The property is completely fenced, private, well maintained and located in an extremely desirable location. With a good regular income all year round. Walking distance from the village of Buen Paso. 3 min drive from Icod de los Vinos. 20 min drive to Puerto de la Cruz. The offer is subject to errors, price changes, omissions and/or market withdrawals without notice. The costs of transfer, notary and registration of ownership are 6.5% and will be borne by the buyer. The seller pays commission costs. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This enables us to work with international customers. Do not hesitate to contact us. Your international real estate agent in Tenerife Visit http://www.agatatenerife.com for more information
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Currency Exchange
ICOD DE LOS VINOS, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
ICOD DE LOS VINOS, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £704,064 | £730,533 | £26,469 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £704,064 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,469 |
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 £26,469 more.
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