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House
Los Gigantes, Tenerife, Spain
REF: 840175
€1,350,000
Description
Morfitt Properties Tenerife are pleased to offer this stunning detached villa located on Crab Island, in the popular resort of Los Gigantes. Situated on the seafront, this luxurious property offers panoramic ocean views from its spacious terrace with private heated swimming pool. The property is a single storey and has and large picture windows. The Villa has a build size of 196m2 and comprises, living room, kitchen and master bedroom. It has three further bedrooms, all with fitted wardrobes, and two bathrooms. The master bedroom, with direct access to the terrace, provides a space of tranquillity and privacy. There is a private garage space and a small garden with mature palm trees which add character to the property. The open kitchen, fully equipped with top of the range appliances, including a wine fridge, ideal for entertaining family and friends. The property is close to all the amenities of the main tourist areas which are walkable, and enjoys the spectacular views of the Los Gigantes Cliffs, one of the main attractions of the island of Tenerife. The property was reformed in 2022 is sold fully furnished.
Morfitt Properties Tenerife are pleased to offer this stunning detached villa located on Crab Island, in the popular resort of Los Gigantes. Situated on the seafront, this luxurious property offers panoramic ocean views from its spacious terrace with private heated swimming pool. The property is a single storey and has and large picture windows. The Villa has a build size of 196m2 and comprises, living room, kitchen and master bedroom. It has three further bedrooms, all with fitted wardrobes, and two bathrooms. The master bedroom, with direct access to the terrace, provides a space of tranquillity and privacy. There is a private garage space and a small garden with mature palm trees which add character to the property. The open kitchen, fully equipped with top of the range appliances, including a wine fridge, ideal for entertaining family and friends. The property is close to all the amenities of the main tourist areas which are walkable, and enjoys the spectacular views of the Los Gigantes Cliffs, one of the main attractions of the island of Tenerife. The property was reformed in 2022 is sold fully furnished.
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Currency Exchange
Los Gigantes, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,118,219 | £1,160,258 | £42,039 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,118,219 |
| Maximum cost in the last six months | £1,160,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,039 |
Los Gigantes, 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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,118,219 | £1,160,258 | £42,039 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,118,219 |
| Maximum cost in the last six months | £1,160,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,039 |
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 £42,039 more.
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