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Apartment
Palm Mar, Tenerife, Spain
REF: 736824
€550,000
Description
This beautiful apartment with adjoining tropical garden has been decorated with attention to detail and is located on the ground floor of the beautiful residential complex 'Colinas de los Menceyes' in Palm-Mar. It is a surprisingly spacious and bright apartment sold fully furnished. Upon entering, you will find a spacious entrance hall with a guest toilet leading to the living room with open-plan kitchen. This was fully equipped with top-of-the-range materials and features a breakfast bar with integrated sink as well as custom-made furniture and Siemens appliances. The integrated dishwasher and practical cooking island complete this kitchen. The large terrace is equipped with top-quality furniture for optimal enjoyment and relaxation. Surrounded by botanical gardens and beautiful flowers, an oasis of calm is created here With fantastic views of the beautiful 'La Rasca' nature reserve as the icing on the cake. Rest and enjoyment are therefore central here. There are 2 spacious bedrooms each with access to the terrace, each with an on-suite bathroom. They are each at opposite ends of the apartment to offer maximum privacy. The bedrooms offer plenty of storage space with finely finished built-in cupboards. The apartment comes with a parking space with an enclosed storage room in the basement equipped with electricity. (Accessible by stairs or lift) This luxurious complex has two beautiful swimming pools (one of which is heated (with children's pool) during winter, a gym with top-of-the-range Technogym equipment) and incredibly beautiful tropical gardens. Palm-Mar is a quiet residential urbanisation by the sea, with all amenities nearby such as restaurants, bars, pharmacy, doctor, supermarket, bakery, hairdresser and other shops. This unique village is only a ten-minute drive from the tourist areas of Los Cristianos and Playa de Las Américas as well as the airport. Palm-Mar has a wonderful microclimate and one can enjoy sunshine , mild weather and beautiful sunsets all year round. The urbanisation is surrounded by a nature reserve, La Rasca, which is a unique piece of nature for walking, cycling, strolling...
This beautiful apartment with adjoining tropical garden has been decorated with attention to detail and is located on the ground floor of the beautiful residential complex 'Colinas de los Menceyes' in Palm-Mar. It is a surprisingly spacious and bright apartment sold fully furnished. Upon entering, you will find a spacious entrance hall with a guest toilet leading to the living room with open-plan kitchen. This was fully equipped with top-of-the-range materials and features a breakfast bar with integrated sink as well as custom-made furniture and Siemens appliances. The integrated dishwasher and practical cooking island complete this kitchen. The large terrace is equipped with top-quality furniture for optimal enjoyment and relaxation. Surrounded by botanical gardens and beautiful flowers, an oasis of calm is created here With fantastic views of the beautiful 'La Rasca' nature reserve as the icing on the cake. Rest and enjoyment are therefore central here. There are 2 spacious bedrooms each with access to the terrace, each with an on-suite bathroom. They are each at opposite ends of the apartment to offer maximum privacy. The bedrooms offer plenty of storage space with finely finished built-in cupboards. The apartment comes with a parking space with an enclosed storage room in the basement equipped with electricity. (Accessible by stairs or lift) This luxurious complex has two beautiful swimming pools (one of which is heated (with children's pool) during winter, a gym with top-of-the-range Technogym equipment) and incredibly beautiful tropical gardens. Palm-Mar is a quiet residential urbanisation by the sea, with all amenities nearby such as restaurants, bars, pharmacy, doctor, supermarket, bakery, hairdresser and other shops. This unique village is only a ten-minute drive from the tourist areas of Los Cristianos and Playa de Las Américas as well as the airport. Palm-Mar has a wonderful microclimate and one can enjoy sunshine , mild weather and beautiful sunsets all year round. The urbanisation is surrounded by a nature reserve, La Rasca, which is a unique piece of nature for walking, cycling, strolling...
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Currency Exchange
Palm Mar, 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 €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 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
Palm Mar, 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 €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 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
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 £12,782 more.
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