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This building was built in 2007 and is located in the center of Icod de los Vinos
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 774265
€600,000
Description
This building was built in 2007 and is located in the center of Icod de los Vinos. It has 4 floors with an area of 112m2 per floor. On the third floor there are two apartments, two are currently rented providing an income. The second floor can also be converted into 2 individual apartments. The hydraulic elevator reaches all floors, and goes even to the large roof, which can be converted into a penthouse or an amazing chill out area with glorious views. Downstairs are a two large locals, bathrooms and water connections on all floors. All the building is of quality materials , woodwork is of solid wood. All located in the heart of the historical center. Ideal investment for residential, office, medical consultations, dental clinics, architects, pharmacies and or gymnasium. The offer is subject to errors, price changes, omissions and / or withdrawals from the market without notice. The cost of the transfer, notary and registration of assets in the amount of 6.5% is borne by the buyer. The seller bears commission costs. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This enables us to work with international customers. Do not hesitate to contact us. Your international real estate agent in Tenerife More information is available at http://www.agatatenerife.com
This building was built in 2007 and is located in the center of Icod de los Vinos. It has 4 floors with an area of 112m2 per floor. On the third floor there are two apartments, two are currently rented providing an income. The second floor can also be converted into 2 individual apartments. The hydraulic elevator reaches all floors, and goes even to the large roof, which can be converted into a penthouse or an amazing chill out area with glorious views. Downstairs are a two large locals, bathrooms and water connections on all floors. All the building is of quality materials , woodwork is of solid wood. All located in the heart of the historical center. Ideal investment for residential, office, medical consultations, dental clinics, architects, pharmacies and or gymnasium. The offer is subject to errors, price changes, omissions and / or withdrawals from the market without notice. The cost of the transfer, notary and registration of assets in the amount of 6.5% is borne by the buyer. The seller bears commission costs. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This enables us to work with international customers. Do not hesitate to contact us. Your international real estate agent in Tenerife More information is available at http://www.agatatenerife.com
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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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £496,986 | £515,670 | £18,684 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £496,986 |
| Maximum cost in the last six months | £515,670 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,684 |
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 £18,684 more.
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