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Opportunity: this spacious independent villa with its almost 900 square meters built
Buzanada, Tenerife, Spain, 38626
REF: 727957
€998,646
Description
Opportunity: this spacious independent villa with its almost 900 square meters built; located in a quiet urban environment and close to the village of Buzanada. The property is divided into two properties with independent access; the main house is located on the top floor; it has an independent kitchen, large sunroom with terrace, large living room with terrace overlooking the sea. It has 7 double bedrooms, 3 bathrooms and 1 dressing room. On the lower floor we have an apartment, recently renovated, with 3 bedrooms, an American kitchen and a bathroom. From the living room we can access the garden area, terrace and 32 mts independent heated and recently built swimming pool. In its garden we find fruit trees, a toilet, and a large terrace. A garage with capacity for several cars. This villa is perfect for large families, as well as for investment, because it has a vacation license.
Opportunity: this spacious independent villa with its almost 900 square meters built; located in a quiet urban environment and close to the village of Buzanada. The property is divided into two properties with independent access; the main house is located on the top floor; it has an independent kitchen, large sunroom with terrace, large living room with terrace overlooking the sea. It has 7 double bedrooms, 3 bathrooms and 1 dressing room. On the lower floor we have an apartment, recently renovated, with 3 bedrooms, an American kitchen and a bathroom. From the living room we can access the garden area, terrace and 32 mts independent heated and recently built swimming pool. In its garden we find fruit trees, a toilet, and a large terrace. A garage with capacity for several cars. This villa is perfect for large families, as well as for investment, because it has a vacation license.
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Currency Exchange
Buzanada, Tenerife, Spain, 38626
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 €998,646 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 |
|---|---|---|---|
| €998,646 | £827,188 | £858,286 | £31,098 |
| Property Price € | €998,646 |
| Minimum cost in the last six months | £827,188 |
| Maximum cost in the last six months | £858,286 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,098 |
Buzanada, Tenerife, Spain, 38626
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 €998,646 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 |
|---|---|---|---|
| €998,646 | £827,188 | £858,286 | £31,098 |
| Property Price € | €998,646 |
| Minimum cost in the last six months | £827,188 |
| Maximum cost in the last six months | £858,286 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,098 |
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 £31,098 more.
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