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Our agency offers two units of renovated apartments in the upper part of Arguineguin with the best views of the sea, the Anfi del Mar hotel and the sunset that the area offers
Mogan, Gran Canaria, Spain, 35140
REF: 757410
€520,000
Description
Our agency offers two units of renovated apartments in the upper part of Arguineguin with the best views of the sea, the Anfi del Mar hotel and the sunset that the area offers. Each unit is sold separately at the price of 520 thousand euros. More than 140 square meters distributed in a private pool-solarium with incredible panoramic views, terrace, bright living room with sea views, fully equipped kitchenette, three large bedrooms with double beds and two bathrooms. Modern décor with open spaces on one floor. Ideal property to settle away from the hustle and bustle or as a private investment, being a benchmark in holiday rentals. Close to service areas such as supermarket, pharmacy, school, shopping centre, and a short drive to Arguineguin beach. *Note: The property is built on residential land. The sale price does not include the taxes and expenses of the sale, including the Property Transfer Tax (equivalent to 6.5% or 1% in the case of the first transfer, plus the corresponding IGIC in this case), the fees of the Land Registry, notary and agency. Property information is subject to possible errors and unintentional changes.
Our agency offers two units of renovated apartments in the upper part of Arguineguin with the best views of the sea, the Anfi del Mar hotel and the sunset that the area offers. Each unit is sold separately at the price of 520 thousand euros. More than 140 square meters distributed in a private pool-solarium with incredible panoramic views, terrace, bright living room with sea views, fully equipped kitchenette, three large bedrooms with double beds and two bathrooms. Modern décor with open spaces on one floor. Ideal property to settle away from the hustle and bustle or as a private investment, being a benchmark in holiday rentals. Close to service areas such as supermarket, pharmacy, school, shopping centre, and a short drive to Arguineguin beach. *Note: The property is built on residential land. The sale price does not include the taxes and expenses of the sale, including the Property Transfer Tax (equivalent to 6.5% or 1% in the case of the first transfer, plus the corresponding IGIC in this case), the fees of the Land Registry, notary and agency. Property information is subject to possible errors and unintentional 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
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 £16,193 more.
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