BUILDING WITH FOUR DWELLINGS

Santa Cruz de Tenerife, Spain

For Sale

€497,000

REF: 737422 €497,000


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4

Description

UNIQUE OPPORTUNITY FOR INVESTORS! Building located in Tabaiba Media, in a residential area, very quiet and only 10 minutes by car from Santa Cruz. Close to the German School and the municipal pavilion of Radazul. It has four houses distributed in two floors, all with independent access. TOP FLOOR: Two dwellings joined together (two registered properties), each one of 80,60 m2, making a total of 161,20 m2 (terrace included).

It consists of three bedrooms, two bathrooms, kitchen with utility room, living room, large terrace with sea views and backyard. The kitchen and one of the bathrooms have been refurbished. GROUND FLOOR: Two independent flats (other two properties), each one of 73,60 m2, including the terrace. Both have two bedrooms, one bathroom, living room-kitchen and terrace with sea views.

They were completely refurbished a few years ago. There are four independent and closed parking spaces with access from the street that occupy a total of 74 m2. The above information has been provided by third parties, is for information purposes only and is believed to be correct. No guarantee can be given as to the veracity of the above, and the offer may be subject to errors, price changes, omission and/or withdrawal from the market without prior notice. Transfer, notary and registration fees are to be paid by the buyer. Fees and municipal surplus value are to be paid by the seller.[IW]
UNIQUE OPPORTUNITY FOR INVESTORS! Building located in Tabaiba Media, in a residential area, very quiet and only 10 minutes by car from Santa Cruz. Close to the German School and the municipal pavilion of Radazul. It has four houses distributed in two floors, all with independent access. TOP FLOOR: Two dwellings joined together (two registered properties), each one of 80,60 m2, making a total of 161,20 m2 (terrace included).

It consists of three bedrooms, two bathrooms, kitchen with utility room, living room, large terrace with sea views and backyard. The kitchen and one of the bathrooms have been refurbished. GROUND FLOOR: Two independent flats (other two properties), each one of 73,60 m2, including the terrace. Both have two bedrooms, one bathroom, living room-kitchen and terrace with sea views.

They were completely refurbished a few years ago. There are four independent and closed parking spaces with access from the street that occupy a total of 74 m2. The above information has been provided by third parties, is for information purposes only and is believed to be correct. No guarantee can be given as to the veracity of the above, and the offer may be subject to errors, price changes, omission and/or withdrawal from the market without prior notice. Transfer, notary and registration fees are to be paid by the buyer. Fees and municipal surplus value are to be paid by the seller.[IW]
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Property on Map

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Currency Exchange

Santa Cruz de 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 €497,000 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
€497,000 £409,478 £427,147 £17,668
Property Price € €497,000
Minimum cost in the last six months £409,478
Maximum cost in the last six months £427,147
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,668

Santa Cruz de 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 €497,000 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
€497,000 £409,478 £427,147 £17,668
Property Price € €497,000
Minimum cost in the last six months £409,478
Maximum cost in the last six months £427,147
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,668

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 £17,668 more.

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