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The house was built in the 18th century and has an area of 590 m2
ICOD DE LOS VINOS, Santa Cruz de Tenerife, Spain
REF: 839197
€685,000
Description
The house was built in the 18th century and has an area of 590 m2. The last major reform using quality materials was carried out in 2017. On 3 levels there are 6 studios with individual bathrooms, a huge living room, an office, 2 kitchens, a garden terrace, a gym and a swimming pool. This luxurious mansion offers its owners many opportunities: In addition to comfortable living for a large family, it can be turned into a hotel complex, studios can be rented out, divided into 2 properties, etc. Optionally, you can purchase a plot of 80m2 adjacent to the house. Drago Park and the Butterfly Museum are just a couple of minutes' walk away. Also within walking distance are popular restaurants, cafes, city hall, shops, banks, medical centers, pharmacies, educational centers, supermarkets, bus service and much more. The journey by car to Puerto de la Cruz will take about 20 minutes, and to the south after the tunnel opens only 30-40 minutes. All properties are carefully registered and documents are prepared for sale. For any questions please contact us. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Do not hesitate to contact us. Please visit my website for more properties in Tenerife: www.agatatenerife.com This offering data is subject to changes, omissions and/or withdrawal without notice to the market. Property transfer costs 6.5%, notary and registration fees are paid by the buyer. Commissions, as usual in Spain, are paid by the seller. Your independent real estate agent in Tenerife!
The house was built in the 18th century and has an area of 590 m2. The last major reform using quality materials was carried out in 2017. On 3 levels there are 6 studios with individual bathrooms, a huge living room, an office, 2 kitchens, a garden terrace, a gym and a swimming pool. This luxurious mansion offers its owners many opportunities: In addition to comfortable living for a large family, it can be turned into a hotel complex, studios can be rented out, divided into 2 properties, etc. Optionally, you can purchase a plot of 80m2 adjacent to the house. Drago Park and the Butterfly Museum are just a couple of minutes' walk away. Also within walking distance are popular restaurants, cafes, city hall, shops, banks, medical centers, pharmacies, educational centers, supermarkets, bus service and much more. The journey by car to Puerto de la Cruz will take about 20 minutes, and to the south after the tunnel opens only 30-40 minutes. All properties are carefully registered and documents are prepared for sale. For any questions please contact us. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Do not hesitate to contact us. Please visit my website for more properties in Tenerife: www.agatatenerife.com This offering data is subject to changes, omissions and/or withdrawal without notice to the market. Property transfer costs 6.5%, notary and registration fees are paid by the buyer. Commissions, as usual in Spain, are paid by the seller. Your independent real estate agent in Tenerife!
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Property on Map
Currency Exchange
ICOD DE LOS VINOS, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
ICOD DE LOS VINOS, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
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 £21,331 more.
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