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This beautiful finca is located a little below the highway and the small village of Chío in the municipality of Guía de Isora in the south of Tenerife
CHÍO, Santa Cruz de Tenerife, Spain
REF: 780650
€750,000
Description
This beautiful finca is located a little below the highway and the small village of Chío in the municipality of Guía de Isora in the south of Tenerife. There are already four constructions on the property. On the upper level there is a three bedroom en suite cottage with a lovely sea view terrace and a cave converted into a party room. There is also another new three bedroom, 1 bathroom log cabin. Next to the cottage there are horse stables and in the lower part of the finca there is another house with two bedrooms and bathroom and large living room and a wonderful terrace. Everywhere on the finca there are trees and plants of any kind such as 80 olive trees, papaya, avocado etc.. The finca runs completely independently with its own solar energy and legal water supply and all papers are settled. From every corner of the finca you have a breathtaking sea view. A perfect investment for the very popular rural tourism and great potential for further expansion. The offer is subject to errors, price changes, commission and/or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Don't hesitate to contact us.
This beautiful finca is located a little below the highway and the small village of Chío in the municipality of Guía de Isora in the south of Tenerife. There are already four constructions on the property. On the upper level there is a three bedroom en suite cottage with a lovely sea view terrace and a cave converted into a party room. There is also another new three bedroom, 1 bathroom log cabin. Next to the cottage there are horse stables and in the lower part of the finca there is another house with two bedrooms and bathroom and large living room and a wonderful terrace. Everywhere on the finca there are trees and plants of any kind such as 80 olive trees, papaya, avocado etc.. The finca runs completely independently with its own solar energy and legal water supply and all papers are settled. From every corner of the finca you have a breathtaking sea view. A perfect investment for the very popular rural tourism and great potential for further expansion. The offer is subject to errors, price changes, commission and/or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Don't hesitate to contact us.
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Currency Exchange
CHÍO, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £629,490 | £646,920 | £17,430 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £629,490 |
| Maximum cost in the last six months | £646,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,430 |
CHÍO, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £629,490 | £646,920 | £17,430 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £629,490 |
| Maximum cost in the last six months | £646,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,430 |
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 £17,430 more.
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