House

El Jaral, Tenerife, Spain

For Sale

€695,000

REF: 807061 €695,000


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Description

Morfitt Properties Tenerife are pleased to offer the possibility to purchase an off-plan villa on the exclusive new resort Ocean Blue located in Guia de Isora, just 3 minute drive from the TF1 motorway. The resort is made up of 4 detached villas, constructed on 1 level all with private swimming pools and parking.

The villas have their own plots measuring between 452m2 to 542m2. The interior of the villas offer 3 bedrooms, 2 bathrooms, guest toilet and open plan living areas, the interiors measure between 134.76m2 and 161m2 depending on the chosen unit. Prices start from 695.000 This information is for guidance only and subject to changes for technical, legal, aesthetic or commercial reasons. Please note that the surfaces and structure may undergo certain alterations because of design and/or legal adaptations, and that the layout of the furniture is indicative.
Morfitt Properties Tenerife are pleased to offer the possibility to purchase an off-plan villa on the exclusive new resort Ocean Blue located in Guia de Isora, just 3 minute drive from the TF1 motorway. The resort is made up of 4 detached villas, constructed on 1 level all with private swimming pools and parking.

The villas have their own plots measuring between 452m2 to 542m2. The interior of the villas offer 3 bedrooms, 2 bathrooms, guest toilet and open plan living areas, the interiors measure between 134.76m2 and 161m2 depending on the chosen unit. Prices start from 695.000 This information is for guidance only and subject to changes for technical, legal, aesthetic or commercial reasons. Please note that the surfaces and structure may undergo certain alterations because of design and/or legal adaptations, and that the layout of the furniture is indicative.
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Property on Map

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Currency Exchange

El Jaral, 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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

El Jaral, 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 €695,000 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
€695,000 £575,675 £597,318 £21,642
Property Price € €695,000
Minimum cost in the last six months £575,675
Maximum cost in the last six months £597,318
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,642

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 £21,642 more.

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