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Apartment
Torviscas Alto, Tenerife, Spain
REF: 720999
€340,000
Description
Morfitt Properties Tenerife are pleased to offer for sale this spacious 2 bedroom apartment located in the holiday complex of Balcon de Andalucia. The apartment is a corner property and from street level there are no steps to get to the property. The apartment offers an entrance, 2 double bedrooms, master bedroom with a walk -in wardrobe and changing area, and the 2nd bedroom benefits from an en-suite shower-room. There is a large family bathroom, and the open plan area offers a fitted kitchen, and spacious lounge with access to the terrace with partial sea and pool views. The complex Balcon de Andalucia offers communal swimming pools, 1 heated, on-site cafe/restaurant and supermarket, and is just a short walk to the shopping centre X-Sur. The property is sold unfurnished, but would make a great holiday home and a complex with a holiday feel.
Morfitt Properties Tenerife are pleased to offer for sale this spacious 2 bedroom apartment located in the holiday complex of Balcon de Andalucia. The apartment is a corner property and from street level there are no steps to get to the property. The apartment offers an entrance, 2 double bedrooms, master bedroom with a walk -in wardrobe and changing area, and the 2nd bedroom benefits from an en-suite shower-room. There is a large family bathroom, and the open plan area offers a fitted kitchen, and spacious lounge with access to the terrace with partial sea and pool views. The complex Balcon de Andalucia offers communal swimming pools, 1 heated, on-site cafe/restaurant and supermarket, and is just a short walk to the shopping centre X-Sur. The property is sold unfurnished, but would make a great holiday home and a complex with a holiday feel.
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Currency Exchange
Torviscas Alto, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £282,248 | £292,512 | £10,265 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £282,248 |
| Maximum cost in the last six months | £292,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,265 |
Torviscas Alto, 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 €340,000 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 |
|---|---|---|---|
| €340,000 | £282,248 | £292,512 | £10,265 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £282,248 |
| Maximum cost in the last six months | £292,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,265 |
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 £10,265 more.
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