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For sale in the prestigious area of Faro, within the Las Maretas residential area, there is a spectacular villa fully furnished and ready to move into
Yaiza, Lanzarote, Spain, 35570
REF: 857883
€669,500
Description
For sale in the prestigious area of Faro, within the Las Maretas residential area, there is a spectacular villa fully furnished and ready to move into. This home stands out for its 4 bedrooms and 3 bathrooms, a large living room, and a spacious and bright kitchen. Two of the bedrooms have a terrace, providing an additional touch of luxury and comfort. The property, with a total area of 220 m , has been renovated and extended to include an extra bedroom and bathroom. All bedrooms and the living room are equipped with air conditioning, guaranteeing comfort throughout the year. The living room also has sliding doors that lead to the pool area. Outside, the garden and parking complete the facilities. The jewel in the crown is the incredible private heated pool, which includes a Balinese bed and a jacuzzi, perfect for relaxing and enjoying the good weather. In addition, it has a large pergola and outdoor furniture, remaining in perfect condition. The property is currently in tourist exploitation with a guarantee contract. *Visits to the property*: All those interested in viewing the property must present a valid identification document, such as DNI, NIE or passport, before the visit. Additionally, they will be asked to sign a visit sheet upon entering the property. Additional information: - home team acts solely as an intermediary in the sale of this property. All information related to the tourist operation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer, plus the corresponding IGIC), Property Registry, notary and agency fees. - Information about the property is subject to possible errors and involuntary changes.
For sale in the prestigious area of Faro, within the Las Maretas residential area, there is a spectacular villa fully furnished and ready to move into. This home stands out for its 4 bedrooms and 3 bathrooms, a large living room, and a spacious and bright kitchen. Two of the bedrooms have a terrace, providing an additional touch of luxury and comfort. The property, with a total area of 220 m , has been renovated and extended to include an extra bedroom and bathroom. All bedrooms and the living room are equipped with air conditioning, guaranteeing comfort throughout the year. The living room also has sliding doors that lead to the pool area. Outside, the garden and parking complete the facilities. The jewel in the crown is the incredible private heated pool, which includes a Balinese bed and a jacuzzi, perfect for relaxing and enjoying the good weather. In addition, it has a large pergola and outdoor furniture, remaining in perfect condition. The property is currently in tourist exploitation with a guarantee contract. *Visits to the property*: All those interested in viewing the property must present a valid identification document, such as DNI, NIE or passport, before the visit. Additionally, they will be asked to sign a visit sheet upon entering the property. Additional information: - home team acts solely as an intermediary in the sale of this property. All information related to the tourist operation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer, plus the corresponding IGIC), Property Registry, notary and agency fees. - Information about the property is subject to possible errors and involuntary changes.
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Currency Exchange
Yaiza, Lanzarote, Spain, 35570
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 €669,500 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 |
|---|---|---|---|
| €669,500 | £551,601 | £575,402 | £23,801 |
| Property Price € | €669,500 |
| Minimum cost in the last six months | £551,601 |
| Maximum cost in the last six months | £575,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,801 |
Yaiza, Lanzarote, Spain, 35570
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 €669,500 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 |
|---|---|---|---|
| €669,500 | £551,601 | £575,402 | £23,801 |
| Property Price € | €669,500 |
| Minimum cost in the last six months | £551,601 |
| Maximum cost in the last six months | £575,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,801 |
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 £23,801 more.
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