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Apartment
Palm Mar, Tenerife, Spain
REF: 753608
€450,000
Description
A great opportunity to buy a property in the unique Las Olas complex in Palm-Mar. Las Olas was voted the best 'architecture project' in the Canary Islands in 2007 and if you look at the photos, you will see why! This apartment exudes style and quality. This modern 2-bedroom apartament comprises a living/dining room, kitchen, 2 bathrooms, one en suite, 2 double bedrooms, each with access to the large terraces. The beautiful apartment is offered partially furnished and has wall-to-wall sliding windows that let in plenty of natural light and ventilation. The modern and fully fitted kitchen is cleverly integrated into the living room and is equipped with top-quality electrical appliances, a hob, microwave, oven and extractor. There is a small hallway separating the living and sleeping areas, here is a small but well-equipped guest bathroom. There are two large double bedrooms, both with plenty of built-in wardrobe space and large sliding doors leading to their own balconies each. The master bedroom has an en suite bathroom fully equipped with top quality sanitary ware and a large walk-in shower. The apartment is offered with a garage space and storage as well as a charging point for an electric car. Las Olas comprises 172 units in a gated complex with direct access from the garage to two apartements per floor. The complex is ultra-modern and is furnished with the best quality ceramics, stainless steel and glass finishes. There is a huge 1,300 m2 swimming pool, a smaller children's pool and plenty of sun terraces for relaxing. Palm-Mar has a wonderful microclimate and you 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, hiking .... Don't hesitate any longer and come see this beautiful and fully move-in ready apartment!
A great opportunity to buy a property in the unique Las Olas complex in Palm-Mar. Las Olas was voted the best 'architecture project' in the Canary Islands in 2007 and if you look at the photos, you will see why! This apartment exudes style and quality. This modern 2-bedroom apartament comprises a living/dining room, kitchen, 2 bathrooms, one en suite, 2 double bedrooms, each with access to the large terraces. The beautiful apartment is offered partially furnished and has wall-to-wall sliding windows that let in plenty of natural light and ventilation. The modern and fully fitted kitchen is cleverly integrated into the living room and is equipped with top-quality electrical appliances, a hob, microwave, oven and extractor. There is a small hallway separating the living and sleeping areas, here is a small but well-equipped guest bathroom. There are two large double bedrooms, both with plenty of built-in wardrobe space and large sliding doors leading to their own balconies each. The master bedroom has an en suite bathroom fully equipped with top quality sanitary ware and a large walk-in shower. The apartment is offered with a garage space and storage as well as a charging point for an electric car. Las Olas comprises 172 units in a gated complex with direct access from the garage to two apartements per floor. The complex is ultra-modern and is furnished with the best quality ceramics, stainless steel and glass finishes. There is a huge 1,300 m2 swimming pool, a smaller children's pool and plenty of sun terraces for relaxing. Palm-Mar has a wonderful microclimate and you 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, hiking .... Don't hesitate any longer and come see this beautiful and fully move-in ready apartment!
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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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
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 £10,458 more.
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