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Apartment
El Madronal, Tenerife, Spain
REF: 838201
€749,950
Description
Morfitt Properties Tenerife are delighted to introduce a modern, luxury 3-bedroom apartment in the prestigious new development of Atlantic Homes, located in the desirable El Madronal residential area near Costa Adeje. This prime-positioned apartment is situated on the first floor with a south-west orientation, ensuring abundant natural light throughout the day. It features an elegant design with an open-plan kitchen equipped with high-end appliances. The spacious living area includes three double bedrooms, each with built-in wardrobes. For comfort and convenience, the living room has direct access to a sunlit balcony, and there is a utility/laundry room, a separate storage area, and an underground parking space. The apartment is scheduled for completion in 2025. El Madronal offers a tranquil residential setting just a 10-minute drive from the stunning beaches of Costa Adeje and El Duque. This prime location is only a five-minute walk from the X-Sur shopping center, which boasts a variety of shops, restaurants, a supermarket, and a movie theatre. The Atlantic Homes development will be completed in two phases, ultimately comprising 67 luxury apartments with options for 1, 2, or 3 bedrooms. The apartments are spread across three floors and are centered around a beautifully landscaped area featuring a heated swimming pool and lush tropical gardens. Experience the pinnacle of luxury living in Tenerife with this exceptional property, perfectly combining modern comfort with an ideal location
Morfitt Properties Tenerife are delighted to introduce a modern, luxury 3-bedroom apartment in the prestigious new development of Atlantic Homes, located in the desirable El Madronal residential area near Costa Adeje. This prime-positioned apartment is situated on the first floor with a south-west orientation, ensuring abundant natural light throughout the day. It features an elegant design with an open-plan kitchen equipped with high-end appliances. The spacious living area includes three double bedrooms, each with built-in wardrobes. For comfort and convenience, the living room has direct access to a sunlit balcony, and there is a utility/laundry room, a separate storage area, and an underground parking space. The apartment is scheduled for completion in 2025. El Madronal offers a tranquil residential setting just a 10-minute drive from the stunning beaches of Costa Adeje and El Duque. This prime location is only a five-minute walk from the X-Sur shopping center, which boasts a variety of shops, restaurants, a supermarket, and a movie theatre. The Atlantic Homes development will be completed in two phases, ultimately comprising 67 luxury apartments with options for 1, 2, or 3 bedrooms. The apartments are spread across three floors and are centered around a beautifully landscaped area featuring a heated swimming pool and lush tropical gardens. Experience the pinnacle of luxury living in Tenerife with this exceptional property, perfectly combining modern comfort with an ideal location
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Currency Exchange
El Madronal, 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 €749,950 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 |
|---|---|---|---|
| €749,950 | £621,191 | £644,545 | £23,353 |
| Property Price € | €749,950 |
| Minimum cost in the last six months | £621,191 |
| Maximum cost in the last six months | £644,545 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,353 |
El Madronal, 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 €749,950 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 |
|---|---|---|---|
| €749,950 | £621,191 | £644,545 | £23,353 |
| Property Price € | €749,950 |
| Minimum cost in the last six months | £621,191 |
| Maximum cost in the last six months | £644,545 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,353 |
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 £23,353 more.
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