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House
Playa de la Arena, Tenerife, Spain
REF: 838834
€1,790,000
Description
Morfitt Properties Tenerife are delighted to have been chosen to market this beautiful, detached Villa close to the sea in Playa de la Arena. The property is situated on a very quiet cul de sac road. The Villa has an impressive entrance after which you will find a private swimming pool which is heated with solar panels as well as an electric heater. Here you will also find a beautiful dining area with pergola and a raised terrace for sunbathing. This area has sun all day and there is a partial sea view towards La Gomera where the sun sets. On the upper level, there are 2 double bedrooms, the master being ensuite and a family bathroom. There is a separate kitchen which leads to the lounge / dining room as well as the Outside pergola and BBQ area and pool. From the lounge and Master bedroom, Patio doors lead you to the covered terrace which has a superb, elevated outlook. Then to the right you find the swimming pool and sunbathing terrace. On the lower level, there are two more bedrooms which are ensuite which both have large lounge areas. They could be self-contained apartments if required for extended family members or to be rented. They both have separate entrances if required but presently accessed through the internal staircase. Both these bedrooms have patio doors leading to the large terrace and games area. There is a drive and car port for guests from the quiet road to the front of the property as well as a double garage which has the pool heater and equipment which is all modern and well maintained.
Morfitt Properties Tenerife are delighted to have been chosen to market this beautiful, detached Villa close to the sea in Playa de la Arena. The property is situated on a very quiet cul de sac road. The Villa has an impressive entrance after which you will find a private swimming pool which is heated with solar panels as well as an electric heater. Here you will also find a beautiful dining area with pergola and a raised terrace for sunbathing. This area has sun all day and there is a partial sea view towards La Gomera where the sun sets. On the upper level, there are 2 double bedrooms, the master being ensuite and a family bathroom. There is a separate kitchen which leads to the lounge / dining room as well as the Outside pergola and BBQ area and pool. From the lounge and Master bedroom, Patio doors lead you to the covered terrace which has a superb, elevated outlook. Then to the right you find the swimming pool and sunbathing terrace. On the lower level, there are two more bedrooms which are ensuite which both have large lounge areas. They could be self-contained apartments if required for extended family members or to be rented. They both have separate entrances if required but presently accessed through the internal staircase. Both these bedrooms have patio doors leading to the large terrace and games area. There is a drive and car port for guests from the quiet road to the front of the property as well as a double garage which has the pool heater and equipment which is all modern and well maintained.
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Currency Exchange
Playa de la Arena, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,502,383 | £1,543,982 | £41,600 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,502,383 |
| Maximum cost in the last six months | £1,543,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,600 |
Playa de la Arena, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,502,383 | £1,543,982 | £41,600 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,502,383 |
| Maximum cost in the last six months | £1,543,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,600 |
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 £41,600 more.
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