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The time has come to build your own home
Costa Del Silencio, Tenerife, Spain, 38630
REF: 710351
€550,000
Description
The time has come to build your own home. New and unique project with licenses granted in Costa del Silencio. We offer the possibility to choose between three types of villa on plots of approximately 500m2 to 800m2. Depending on the type of villa chosen, sizes vary from 150m2 plus terraces to 180m2. This development also gives you the option to build your own project by acquiring only the plot. The development has all the necessary infrastructure to comply with the required parameters such as water supply, interior streets with pavements and road signs, low voltage distribution network, street lighting and telecommunications network. This project is designed to suit your needs. Do not hesitate to call us to complete this information and schedule an appointment. Plot + building prices from 550.000 . (Plus IGIC)
The time has come to build your own home. New and unique project with licenses granted in Costa del Silencio. We offer the possibility to choose between three types of villa on plots of approximately 500m2 to 800m2. Depending on the type of villa chosen, sizes vary from 150m2 plus terraces to 180m2. This development also gives you the option to build your own project by acquiring only the plot. The development has all the necessary infrastructure to comply with the required parameters such as water supply, interior streets with pavements and road signs, low voltage distribution network, street lighting and telecommunications network. This project is designed to suit your needs. Do not hesitate to call us to complete this information and schedule an appointment. Plot + building prices from 550.000 . (Plus IGIC)
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Currency Exchange
Costa Del Silencio, Tenerife, Spain, 38630
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Costa Del Silencio, Tenerife, Spain, 38630
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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