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We present to your attention a huge area (75
El Palmar, Santa Cruz de Tenerife, Spain
REF: 811386
€320,000
Description
We present to your attention a huge area (75.512m2) of Rustico/Agrario land in one of the most beautiful areas of the island near the village of Palmar in the TENO National Park of the Buenavista del Norte region. There are several unregistered buildings on the property, as well as a house in ruins. There is a water connection for irrigation. Avocado and lemon trees (approx. 200 pcs.) were planted. Quiet location, beautiful views of the ocean and mountains. We are a boutique international real estate agency. Our team speaks English, German, Russian, Polish, French, Dutch, Italian and Spanish. We will be happy to help you sell or buy property in Tenerife. Your international real estate agency in Tenerife Find out more http://www.agatatenerife.com. Please contact Agata's real estate team for any details. The offering is subject to errors, price changes, omissions and/or withdrawal without notice. Costs for the transfer of real estate (6.5% of the declared value of the property), notary and registration fees are paid by the buyer. The buyer does not incur any commission costs to the real estate agent. Your international real estate agency in Tenerife
We present to your attention a huge area (75.512m2) of Rustico/Agrario land in one of the most beautiful areas of the island near the village of Palmar in the TENO National Park of the Buenavista del Norte region. There are several unregistered buildings on the property, as well as a house in ruins. There is a water connection for irrigation. Avocado and lemon trees (approx. 200 pcs.) were planted. Quiet location, beautiful views of the ocean and mountains. We are a boutique international real estate agency. Our team speaks English, German, Russian, Polish, French, Dutch, Italian and Spanish. We will be happy to help you sell or buy property in Tenerife. Your international real estate agency in Tenerife Find out more http://www.agatatenerife.com. Please contact Agata's real estate team for any details. The offering is subject to errors, price changes, omissions and/or withdrawal without notice. Costs for the transfer of real estate (6.5% of the declared value of the property), notary and registration fees are paid by the buyer. The buyer does not incur any commission costs to the real estate agent. Your international real estate agency in Tenerife
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Currency Exchange
El Palmar, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
El Palmar, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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