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Elegant canarian house with two business locals in the center of Icod de los Vinos in north Tenerife
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 591654
€395,000
Description
Elegant canarian house with two business locals in the center of Icod de los Vinos in north Tenerife. Extremely well presented property built with quality materials particularly stunning wooden staircase and floors. 5 bedrooms 3 bathrooms, a grand reception/ lounge dinning area, a large sauna/wellness room, internal patio bbq area and terraces for alfresco dinning. Furniture sold separately. Walking distance to historical center, shops, bars and restaurants. San Marcos beach is a few minutes drive. Excellent opportunity for business with a wonderful family home. The offer is subject to errors, price changes, omissions and/or withdrawals without notice. Transfer, notary and land registry costs amount to 6.5% and are borne by the buyer. The seller bears the cost of the commission. 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
Elegant canarian house with two business locals in the center of Icod de los Vinos in north Tenerife. Extremely well presented property built with quality materials particularly stunning wooden staircase and floors. 5 bedrooms 3 bathrooms, a grand reception/ lounge dinning area, a large sauna/wellness room, internal patio bbq area and terraces for alfresco dinning. Furniture sold separately. Walking distance to historical center, shops, bars and restaurants. San Marcos beach is a few minutes drive. Excellent opportunity for business with a wonderful family home. The offer is subject to errors, price changes, omissions and/or withdrawals without notice. Transfer, notary and land registry costs amount to 6.5% and are borne by the buyer. The seller bears the cost of the commission. 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £327,182 | £339,483 | £12,300 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £327,182 |
| Maximum cost in the last six months | £339,483 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,300 |
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 £12,300 more.
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