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New construction
Adeje, Tenerife, Spain, 38670
REF: 793260
€770,000
Description
New construction. Completion date - January 2025. Excellent duplex penthouse apartment in Atlantic Homes, El Madroñal. This spacious corner apartment has 3 bedrooms and two bathrooms, storage room, open plan kitchen with living room and a 26,65 m2 terrace with access from the living room and bedrooms. There is also a spacious solarium on the top floor of 21,85 m2. The price includes a garage and storage room in the underground car park. Complex with garden areas, lifts and swimming pools. Located in a residential area. Nearby there is a school, shops, shopping centres and only 5 minutes by car to the nearest beaches and El Duque area.
New construction. Completion date - January 2025. Excellent duplex penthouse apartment in Atlantic Homes, El Madroñal. This spacious corner apartment has 3 bedrooms and two bathrooms, storage room, open plan kitchen with living room and a 26,65 m2 terrace with access from the living room and bedrooms. There is also a spacious solarium on the top floor of 21,85 m2. The price includes a garage and storage room in the underground car park. Complex with garden areas, lifts and swimming pools. Located in a residential area. Nearby there is a school, shops, shopping centres and only 5 minutes by car to the nearest beaches and El Duque area.
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Currency Exchange
Adeje, Tenerife, Spain, 38670
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 €770,000 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 |
|---|---|---|---|
| €770,000 | £640,548 | £662,677 | £22,130 |
| Property Price € | €770,000 |
| Minimum cost in the last six months | £640,548 |
| Maximum cost in the last six months | £662,677 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,130 |
Adeje, Tenerife, Spain, 38670
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 €770,000 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 |
|---|---|---|---|
| €770,000 | £640,548 | £662,677 | £22,130 |
| Property Price € | €770,000 |
| Minimum cost in the last six months | £640,548 |
| Maximum cost in the last six months | £662,677 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,130 |
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 £22,130 more.
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