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The Property Gallery introduces a spacious two-bedroom apartment in a well-maintained complex in Costa del Silencio
Costa Del Silencio, Tenerife, Spain, 38630
REF: 834443
€229,000
Description
The Property Gallery introduces a spacious two-bedroom apartment in a well-maintained complex in Costa del Silencio. The complex offers amenities such as a communal swimming pool, a children's pool, a playground area, and tennis courts. Conveniently located a short distance from the sea, it provides easy access to pebble beaches and charming natural rock pools. Situated on the first floor, the apartment includes a welcoming hallway, one bathroom, and two large bedrooms with built-in wardrobes. The lounge-dining area opens onto a balcony offering views of the gardens and mountains. A fully equipped American-style kitchen includes a utility area with a washing machine and water heater. The apartment is sold furnished and is perfect as a permanent residence or a second home. Community fees are 70 per month, and the annual IBI tax is 250. A private parking space is included in the price. Costa del Silencio, a small coastal town on the southeast coast, is favoured by both tourists and residents. The area features a variety of restaurants, bars, shops, and a reliable bus service, all within walking distance of Las Galletas. Disclaimer: Please note that The Property Gallery receives property information, documents, plans, etc. From the seller, and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore, it is the responsibility of our clients to ensure that the information and details about the property are correct. All written offers are non-binding and may be subject to errors, price changes prior to the sale, or withdrawal from the market without prior notice.[IW]
The Property Gallery introduces a spacious two-bedroom apartment in a well-maintained complex in Costa del Silencio. The complex offers amenities such as a communal swimming pool, a children's pool, a playground area, and tennis courts. Conveniently located a short distance from the sea, it provides easy access to pebble beaches and charming natural rock pools. Situated on the first floor, the apartment includes a welcoming hallway, one bathroom, and two large bedrooms with built-in wardrobes. The lounge-dining area opens onto a balcony offering views of the gardens and mountains. A fully equipped American-style kitchen includes a utility area with a washing machine and water heater. The apartment is sold furnished and is perfect as a permanent residence or a second home. Community fees are 70 per month, and the annual IBI tax is 250. A private parking space is included in the price. Costa del Silencio, a small coastal town on the southeast coast, is favoured by both tourists and residents. The area features a variety of restaurants, bars, shops, and a reliable bus service, all within walking distance of Las Galletas. Disclaimer: Please note that The Property Gallery receives property information, documents, plans, etc. From the seller, and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore, it is the responsibility of our clients to ensure that the information and details about the property are correct. All written offers are non-binding and may be subject to errors, price changes prior to the sale, or withdrawal from the market without prior notice.[IW]
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Currency Exchange
Costa Del Silencio, Tenerife, Spain, 38630
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 €229,000 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 |
|---|---|---|---|
| €229,000 | £189,683 | £196,814 | £7,131 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £189,683 |
| Maximum cost in the last six months | £196,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,131 |
Costa Del Silencio, Tenerife, Spain, 38630
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 €229,000 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 |
|---|---|---|---|
| €229,000 | £189,683 | £196,814 | £7,131 |
| Property Price € | €229,000 |
| Minimum cost in the last six months | £189,683 |
| Maximum cost in the last six months | £196,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,131 |
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 £7,131 more.
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