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Our agency offers several apartments for sale located in the famous "Babalú" complex that stands out for its impressive views of the ocean
Mogan, Gran Canaria, Spain, 35140
REF: 757389
€148,000
Description
Our agency offers several apartments for sale located in the famous "Babalú" complex that stands out for its impressive views of the ocean. This complex has very well maintained communal areas, including a communal pool with sea views, pool bar, solarium, elevator and parking area. The complex is for mixed use, which allows the apartments to be used for exploitation, in this case being managed by the community of owners, or to be managed as seasonal rentals or for personal use and as a second residence. Both apartments are located on the first floor, one next to the other. Each one has a spacious terrace with relaxing views of the sea, a bright living room with a sitting area, a kitchenette, a bedroom with two single beds and sea views from the window, and a complete bathroom with a shower. The community cost is 175 euros, including water and electricity costs. Very close to service areas such as taxi rank, pharmacy, supermarkets, restaurants, shopping center and a few minutes by car from the beach. Additional information: - home team acts solely as an intermediary in the sale of this property. All information related to the tourist operation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer, plus the corresponding IGIC), Property Registry, notary and agency fees. - Information about the property is subject to possible errors and involuntary changes.
Our agency offers several apartments for sale located in the famous "Babalú" complex that stands out for its impressive views of the ocean. This complex has very well maintained communal areas, including a communal pool with sea views, pool bar, solarium, elevator and parking area. The complex is for mixed use, which allows the apartments to be used for exploitation, in this case being managed by the community of owners, or to be managed as seasonal rentals or for personal use and as a second residence. Both apartments are located on the first floor, one next to the other. Each one has a spacious terrace with relaxing views of the sea, a bright living room with a sitting area, a kitchenette, a bedroom with two single beds and sea views from the window, and a complete bathroom with a shower. The community cost is 175 euros, including water and electricity costs. Very close to service areas such as taxi rank, pharmacy, supermarkets, restaurants, shopping center and a few minutes by car from the beach. Additional information: - home team acts solely as an intermediary in the sale of this property. All information related to the tourist operation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer, plus the corresponding IGIC), Property Registry, notary and agency fees. - Information about the property is subject to possible errors and involuntary changes.
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Currency Exchange
Mogan, Gran Canaria, Spain, 35140
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 €148,000 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 |
|---|---|---|---|
| €148,000 | £122,590 | £127,199 | £4,609 |
| Property Price € | €148,000 |
| Minimum cost in the last six months | £122,590 |
| Maximum cost in the last six months | £127,199 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,609 |
Mogan, Gran Canaria, Spain, 35140
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 €148,000 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 |
|---|---|---|---|
| €148,000 | £122,590 | £127,199 | £4,609 |
| Property Price € | €148,000 |
| Minimum cost in the last six months | £122,590 |
| Maximum cost in the last six months | £127,199 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,609 |
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 £4,609 more.
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