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Wonderful residential building for sale in Icod de los Vinos, north of the Island of Tenerife
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 811384
€550,000
Description
Wonderful residential building for sale in Icod de los Vinos, north of the Island of Tenerife. This unique property includes two large apartments, a garage with space for two cars and a storage room. It is an investment opportunity that you cannot miss. The apartment on the first floor has 185m2, 3 bedrooms, 126m2 of living space, and two terraces of 35m2 and 21m2 respectively. While the apartment on the second floor offers 122m2, 2 bedrooms, 76m2 of living space, and two terraces of 23m2 and 22m2 to enjoy the exceptional climate of the area. In addition, the building has a large garage space in the basement level, with capacity for two cars and a total of 196m2. At the back of the property, there is an orchard with 135m2 of fertile land, ideal for nature lovers. Year of construction 1976, second-hand in good condition and with a current tenant. Call us to arrange a visit and discover all the possibilities this property offers! On our website: www.agatatenerife.com you will find all our properties. The data of this offer is subject to changes, omissions and/or withdrawals without prior notice to the market. The transfer of ownership costs 6.5%, notary and registration fees are the responsibility of the buyer. Commissions, as is usual in Spain, are paid by the seller.
Wonderful residential building for sale in Icod de los Vinos, north of the Island of Tenerife. This unique property includes two large apartments, a garage with space for two cars and a storage room. It is an investment opportunity that you cannot miss. The apartment on the first floor has 185m2, 3 bedrooms, 126m2 of living space, and two terraces of 35m2 and 21m2 respectively. While the apartment on the second floor offers 122m2, 2 bedrooms, 76m2 of living space, and two terraces of 23m2 and 22m2 to enjoy the exceptional climate of the area. In addition, the building has a large garage space in the basement level, with capacity for two cars and a total of 196m2. At the back of the property, there is an orchard with 135m2 of fertile land, ideal for nature lovers. Year of construction 1976, second-hand in good condition and with a current tenant. Call us to arrange a visit and discover all the possibilities this property offers! On our website: www.agatatenerife.com you will find all our properties. The data of this offer is subject to changes, omissions and/or withdrawals without prior notice to the market. The transfer of ownership costs 6.5%, notary and registration fees are the responsibility of the buyer. Commissions, as is usual in Spain, are paid by the seller.
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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 €550,000 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 |
|---|---|---|---|
| €550,000 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £461,626 | £474,408 | £12,782 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £461,626 |
| Maximum cost in the last six months | £474,408 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,782 |
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 £12,782 more.
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