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We offer for sale a spacious and bright two-level apartment in the complex "Paraiso I", Playa Paraiso
Playa Paraiso, Tenerife, Spain, 38678
REF: 753619
€380,000
Description
We offer for sale a spacious and bright two-level apartment in the complex "Paraiso I", Playa Paraiso. The apartment consists of 2 bedrooms, one bathroom, american-style kitchen, a spacious terrace with the garden view and a huge roof terrace with ocean and mountain views. Garage space in the underground garage of the complex and storage room are included in the price. It is possible to buy separately a second garage. This comfortable and modern residential complex is located on one of the main streets of Playa Paraiso, close to all the necessary infrastructure. There are 3 swimming pools, spacious green zones. Ocean is within walking distance. Playa Paraiso area is well-known for its special location between fabulous 5* hotels (Riu Buena Vista Clubhotel, Roca Nivaria, Hard Rock, Bahia Principe hotels) has a beautiful promenade along the ocean between sand beaches and is next to the protected zone of El Puertito. The zone is highly perspective and is continuing to develop every year due to new luxury constructions and future road connections with La Caleta. VYM Canarias Real Estate has been successfully developing in the south of Tenerife for over 12 years and provides its clients with a full range of services.
We offer for sale a spacious and bright two-level apartment in the complex "Paraiso I", Playa Paraiso. The apartment consists of 2 bedrooms, one bathroom, american-style kitchen, a spacious terrace with the garden view and a huge roof terrace with ocean and mountain views. Garage space in the underground garage of the complex and storage room are included in the price. It is possible to buy separately a second garage. This comfortable and modern residential complex is located on one of the main streets of Playa Paraiso, close to all the necessary infrastructure. There are 3 swimming pools, spacious green zones. Ocean is within walking distance. Playa Paraiso area is well-known for its special location between fabulous 5* hotels (Riu Buena Vista Clubhotel, Roca Nivaria, Hard Rock, Bahia Principe hotels) has a beautiful promenade along the ocean between sand beaches and is next to the protected zone of El Puertito. The zone is highly perspective and is continuing to develop every year due to new luxury constructions and future road connections with La Caleta. VYM Canarias Real Estate has been successfully developing in the south of Tenerife for over 12 years and provides its clients with a full range of services.
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Currency Exchange
Playa Paraiso, Tenerife, Spain, 38678
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
Playa Paraiso, Tenerife, Spain, 38678
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 €380,000 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 |
|---|---|---|---|
| €380,000 | £314,758 | £326,591 | £11,833 |
| Property Price € | €380,000 |
| Minimum cost in the last six months | £314,758 |
| Maximum cost in the last six months | £326,591 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,833 |
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 £11,833 more.
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