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House
Chayofa, Tenerife, Spain
REF: 870168
€875,000
Description
Morfitt Properties Tenerife is pleased to offer for sale this large independent villa located in the quiet area of Chayofa, just a short drive (5-10 minutes) from the popular resort of Los Cristianos. The property is a corner unit with its own plot measuring approximately 430m . The villa is constructed over two levels, offering a spacious hallway, a family bathroom, and three double bedrooms on the entrance level, including a master bedroom with an en-suite bathroom. There is also an entertainment room on this level with direct access to the exterior, where you'll find a sunny terrace and a private swimming pool. The upper level is accessed via a spiral staircase and features a large open space currently utilized as a lounge and dining area, with direct access to the main terrace. This level also includes a fully fitted kitchen and a second master bedroom with an en-suite bathroom. The property offers sunny terraces, a private garage, and is located in a great area.
Morfitt Properties Tenerife is pleased to offer for sale this large independent villa located in the quiet area of Chayofa, just a short drive (5-10 minutes) from the popular resort of Los Cristianos. The property is a corner unit with its own plot measuring approximately 430m . The villa is constructed over two levels, offering a spacious hallway, a family bathroom, and three double bedrooms on the entrance level, including a master bedroom with an en-suite bathroom. There is also an entertainment room on this level with direct access to the exterior, where you'll find a sunny terrace and a private swimming pool. The upper level is accessed via a spiral staircase and features a large open space currently utilized as a lounge and dining area, with direct access to the main terrace. This level also includes a fully fitted kitchen and a second master bedroom with an en-suite bathroom. The property offers sunny terraces, a private garage, and is located in a great area.
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Currency Exchange
Chayofa, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
Chayofa, 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 €875,000 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 |
|---|---|---|---|
| €875,000 | £724,771 | £752,019 | £27,248 |
| Property Price € | €875,000 |
| Minimum cost in the last six months | £724,771 |
| Maximum cost in the last six months | £752,019 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,248 |
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 £27,248 more.
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