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Excellent investment purchase - plots with a total area of 3041 m2 in EL Medano with a plan to build 5 villas pending approval following the completion of the sewerage system
EL MEDANO, Granadilla, Spain
REF: 638094
€2,190,000
Description
Excellent investment purchase - plots with a total area of 3041 m2 in EL Medano with a plan to build 5 villas pending approval following the completion of the sewerage system. The villas have an area of approx. 200m2, 4 bedrooms and 3 bathrooms. The area is located very close to the ocean and the beach - 200 m to the sandy beach, 300 m to the most popular surfing and kitesurfing beach in Tenerife. View of the mountains and the ocean. After construction, the plot will be divided into 5 separate properties. Houses ideal for rent or sale. Interest in buying and renting in this region is huge. We have plans. The offer is subject to errors, price changes, omission and / or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Do not hesitate to contact us. Your international real estate agents in Tenerife Find more at http://www.agatatenerife.com
Excellent investment purchase - plots with a total area of 3041 m2 in EL Medano with a plan to build 5 villas pending approval following the completion of the sewerage system. The villas have an area of approx. 200m2, 4 bedrooms and 3 bathrooms. The area is located very close to the ocean and the beach - 200 m to the sandy beach, 300 m to the most popular surfing and kitesurfing beach in Tenerife. View of the mountains and the ocean. After construction, the plot will be divided into 5 separate properties. Houses ideal for rent or sale. Interest in buying and renting in this region is huge. We have plans. The offer is subject to errors, price changes, omission and / or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Do not hesitate to contact us. Your international real estate agents in Tenerife Find more at http://www.agatatenerife.com
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Property on Map
Currency Exchange
EL MEDANO, Granadilla, 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 €2,190,000 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 |
|---|---|---|---|
| €2,190,000 | £1,813,999 | £1,882,196 | £68,197 |
| Property Price € | €2,190,000 |
| Minimum cost in the last six months | £1,813,999 |
| Maximum cost in the last six months | £1,882,196 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,197 |
EL MEDANO, Granadilla, 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 €2,190,000 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 |
|---|---|---|---|
| €2,190,000 | £1,813,999 | £1,882,196 | £68,197 |
| Property Price € | €2,190,000 |
| Minimum cost in the last six months | £1,813,999 |
| Maximum cost in the last six months | £1,882,196 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £68,197 |
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 £68,197 more.
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