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Fantastic property available in El Tanque bajo in the north of Tenerife
El Tanque, Tenerife, Spain, 38435
REF: 586412
€273,000
Description
Fantastic property available in El Tanque bajo in the north of Tenerife. The house is located on a cliffside, providing a breathtaking view upon the Atlantic ocean from all windows and terraces. The building is divided into 2 stories, a roof terrace and a plot of workable land leading up the mountain which can be used as a garden. On the first floor we can find the recently renovated and equipped kitchen, 1 bathroom, 1 bedroom and an office/livingroom. The second floor provides 3 bedrooms, a living room, a north facing terrace, a bathroom and a bbq kitchen in the local canarian style which also extends to another terrace which leads up to the roof and garden over a few steps. Located on the roof terrace is also a small room for storage and a sauna. The property also includes a one car garage and an additional parking spot in front of the building. The location provides easy access to all basic needs, public transportation and major road and highways while still being located in a quiet area.
Fantastic property available in El Tanque bajo in the north of Tenerife. The house is located on a cliffside, providing a breathtaking view upon the Atlantic ocean from all windows and terraces. The building is divided into 2 stories, a roof terrace and a plot of workable land leading up the mountain which can be used as a garden. On the first floor we can find the recently renovated and equipped kitchen, 1 bathroom, 1 bedroom and an office/livingroom. The second floor provides 3 bedrooms, a living room, a north facing terrace, a bathroom and a bbq kitchen in the local canarian style which also extends to another terrace which leads up to the roof and garden over a few steps. Located on the roof terrace is also a small room for storage and a sauna. The property also includes a one car garage and an additional parking spot in front of the building. The location provides easy access to all basic needs, public transportation and major road and highways while still being located in a quiet area.
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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 €273,000 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 |
|---|---|---|---|
| €273,000 | £229,134 | £235,479 | £6,345 |
| Property Price € | €273,000 |
| Minimum cost in the last six months | £229,134 |
| Maximum cost in the last six months | £235,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,345 |
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 €273,000 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 |
|---|---|---|---|
| €273,000 | £229,134 | £235,479 | £6,345 |
| Property Price € | €273,000 |
| Minimum cost in the last six months | £229,134 |
| Maximum cost in the last six months | £235,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,345 |
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 £6,345 more.
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