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House
Chayofa, Tenerife, Spain
REF: 712534
€499,000
Description
Morfitt Properties Tenerife are pleased to offer for sale a spacious townhouse located in the small development of Las Vistas located in Chayofa. The living area is distributed over 2 floors, plus a basement. The property offers an entrance level, separate fully fitted and equipped kitchen with utility room, guest toilet with shower, and open plan living area with dining area and lounge which leads to a part covered terrace. The upper level of the property offers a master bedroom with en-suite shower-room, walk-in wardrobe and private terrace with sea views, on this level you will find 2 more bedrooms, both with fitted wardrobes and access to a shower-room. The basement level of the property has an open space which could be used as a 4th bedroom, GYM, kids area etc... with a toilet; and access a private garage. The property is located on a quiet complex and is sold furnished. The complex Las Vistas benefits from a communal swimming pool.
Morfitt Properties Tenerife are pleased to offer for sale a spacious townhouse located in the small development of Las Vistas located in Chayofa. The living area is distributed over 2 floors, plus a basement. The property offers an entrance level, separate fully fitted and equipped kitchen with utility room, guest toilet with shower, and open plan living area with dining area and lounge which leads to a part covered terrace. The upper level of the property offers a master bedroom with en-suite shower-room, walk-in wardrobe and private terrace with sea views, on this level you will find 2 more bedrooms, both with fitted wardrobes and access to a shower-room. The basement level of the property has an open space which could be used as a 4th bedroom, GYM, kids area etc... with a toilet; and access a private garage. The property is located on a quiet complex and is sold furnished. The complex Las Vistas benefits from a communal swimming pool.
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Currency Exchange
Chayofa, 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 €499,000 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 |
|---|---|---|---|
| €499,000 | £418,821 | £430,417 | £11,597 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £418,821 |
| Maximum cost in the last six months | £430,417 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,597 |
Chayofa, 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 €499,000 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 |
|---|---|---|---|
| €499,000 | £418,821 | £430,417 | £11,597 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £418,821 |
| Maximum cost in the last six months | £430,417 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,597 |
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 £11,597 more.
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