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House
Los Cristianos, Tenerife, Spain
REF: 842471
€750,000
Description
Morfitt Properties Tenerife are pleased to offer for sale a well presented townhouse in the popular complex of Portonovo located in Los Cristianos. The property is constructed over 3 levels offering an entrance level; guest toilet, separate fully fitted kitchen and spacious lounge / diner which in turn has access to a good size terrace with views of the communal swimming pool, where you can enjoy the afternoon sun. There is also a terrace/garden to the main entrance with access to the kitchen, with morning sun. The upper level offers a family bathroom and 3 double bedrooms - master bedroom with en-suite. From this level there is also access to a utility area and roof terrace with a jacuzzi, a great place to relax. The property also benefits from a large private garage. This is a great property located in a popular part of Los Cristianos.
Morfitt Properties Tenerife are pleased to offer for sale a well presented townhouse in the popular complex of Portonovo located in Los Cristianos. The property is constructed over 3 levels offering an entrance level; guest toilet, separate fully fitted kitchen and spacious lounge / diner which in turn has access to a good size terrace with views of the communal swimming pool, where you can enjoy the afternoon sun. There is also a terrace/garden to the main entrance with access to the kitchen, with morning sun. The upper level offers a family bathroom and 3 double bedrooms - master bedroom with en-suite. From this level there is also access to a utility area and roof terrace with a jacuzzi, a great place to relax. The property also benefits from a large private garage. This is a great property located in a popular part of Los Cristianos.
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Currency Exchange
Los Cristianos, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £629,490 | £646,920 | £17,430 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £629,490 |
| Maximum cost in the last six months | £646,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,430 |
Los Cristianos, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £629,490 | £646,920 | £17,430 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £629,490 |
| Maximum cost in the last six months | £646,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,430 |
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 £17,430 more.
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