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This characterful old house from 1943 is in need of a complete restoration
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 744332
€112,000
Description
This characterful old house from 1943 is in need of a complete restoration. The property is located in the center of ICOD de los VINOS, on a very quiet street, close to Parque del DRAGO, Mariposario, temples, banks, shops, pharmacies, schools and colleges of the city. A one-storey house with an area of 65 m2 is located on a plot of approximately 74 m2. On the ground floor there is a living room, 1 bathroom, a kitchen and another small room, in the basement (approx. 60m2) there is a wine cellar, a bathroom, a room Please contact the Agata's Real Estate team for more information. Offer is not binding, price changes, omissions and/or withdrawal without notice. The costs of transferring property (6.5% of the declared value of the property), notary and registration fees are borne by the buyer. There are no intermediary commissions for the buyer. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Feel free to contact us. Your international real estate agents in Tenerife. More information can be found at http://www.agatatenerife.com.
This characterful old house from 1943 is in need of a complete restoration. The property is located in the center of ICOD de los VINOS, on a very quiet street, close to Parque del DRAGO, Mariposario, temples, banks, shops, pharmacies, schools and colleges of the city. A one-storey house with an area of 65 m2 is located on a plot of approximately 74 m2. On the ground floor there is a living room, 1 bathroom, a kitchen and another small room, in the basement (approx. 60m2) there is a wine cellar, a bathroom, a room Please contact the Agata's Real Estate team for more information. Offer is not binding, price changes, omissions and/or withdrawal without notice. The costs of transferring property (6.5% of the declared value of the property), notary and registration fees are borne by the buyer. There are no intermediary commissions for the buyer. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Feel free to contact us. Your international real estate agents in Tenerife. More information can be found at http://www.agatatenerife.com.
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Property on Map
Currency Exchange
ICOD DE LOS VINOS, 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 €112,000 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 |
|---|---|---|---|
| €112,000 | £94,004 | £96,607 | £2,603 |
| Property Price € | €112,000 |
| Minimum cost in the last six months | £94,004 |
| Maximum cost in the last six months | £96,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,603 |
ICOD DE LOS VINOS, 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 €112,000 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 |
|---|---|---|---|
| €112,000 | £94,004 | £96,607 | £2,603 |
| Property Price € | €112,000 |
| Minimum cost in the last six months | £94,004 |
| Maximum cost in the last six months | £96,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,603 |
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 £2,603 more.
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