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Apartment
Los Cristianos, Tenerife, Spain
REF: 807062
€575,000
Description
Morfitt Properties Tenerife are pleased to offer for sale this penthouse duplex apartment in the popular complex of El Paso located just a few minutes walk from 2 great beaches. The apartment has been completely refurbished to a very high standard and offers an entrance hall with storage, separate fully fitted kitchen, downstairs bedroom and guest toilet. There is also an open plan living area with lounge and diner with access to a sunny terrace with spectacular views over the communal areas and out to sea. The upper level of the property offers a shower-room, double bedroom with fitted wardrobes and a master bedroom with changing room / office and private terrace with the same great views. The complex El Paso is residential and is very well kept and very quiet offering communal gardens and a heated communal swimming pool. The apartment is a must see. Sold Fully furnished.
Morfitt Properties Tenerife are pleased to offer for sale this penthouse duplex apartment in the popular complex of El Paso located just a few minutes walk from 2 great beaches. The apartment has been completely refurbished to a very high standard and offers an entrance hall with storage, separate fully fitted kitchen, downstairs bedroom and guest toilet. There is also an open plan living area with lounge and diner with access to a sunny terrace with spectacular views over the communal areas and out to sea. The upper level of the property offers a shower-room, double bedroom with fitted wardrobes and a master bedroom with changing room / office and private terrace with the same great views. The complex El Paso is residential and is very well kept and very quiet offering communal gardens and a heated communal swimming pool. The apartment is a must see. Sold Fully furnished.
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Currency Exchange
Los Cristianos, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Los Cristianos, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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