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We are pleased to offer you for sale this rural house, located in the village of Chío (Guía de Isora), a very popular area for those who appreciate nature walks and tranquility
Chio, Tenerife, Spain, 38689
REF: 811955
€340,000
Description
We are pleased to offer you for sale this rural house, located in the village of Chío (Guía de Isora), a very popular area for those who appreciate nature walks and tranquility. The property has several outdoor spaces and consists of several parts which can be divided into three different apartments: a two-bedroom apartment with a garden at the entrance, a one-bedroom apartment with a terrace with fantastic views upstairs and a one-bedroom apartment in the inner space of the house with patio and garden. In total, there are 4 bedrooms, 3 living rooms, 3 kitchen zones, terraces with gardens and panoramic views over the ocean. It is an excellent opportunity for investors, as the property can also function as a mini rural hotel, ideal for groups. There is a parking space at the entrance and no problems with parking places on the quiet street. The property is located next to the central square of the town and a beautiful church.
We are pleased to offer you for sale this rural house, located in the village of Chío (Guía de Isora), a very popular area for those who appreciate nature walks and tranquility. The property has several outdoor spaces and consists of several parts which can be divided into three different apartments: a two-bedroom apartment with a garden at the entrance, a one-bedroom apartment with a terrace with fantastic views upstairs and a one-bedroom apartment in the inner space of the house with patio and garden. In total, there are 4 bedrooms, 3 living rooms, 3 kitchen zones, terraces with gardens and panoramic views over the ocean. It is an excellent opportunity for investors, as the property can also function as a mini rural hotel, ideal for groups. There is a parking space at the entrance and no problems with parking places on the quiet street. The property is located next to the central square of the town and a beautiful church.
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Currency Exchange
Chio, Tenerife, Spain, 38689
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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
Chio, Tenerife, Spain, 38689
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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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