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Apartment
Los Cristianos, Tenerife, Spain
REF: 871332
€524,950
Description
Morfitt Properties Tenerife is pleased to offer for sale this spacious 2-bedroom apartment in the popular El Rincon complex, located in the holiday resort of Los Cristianos. The apartment has an internal area of over 100m , featuring an entrance hall with storage, an open-plan living area with a fully fitted kitchen, a dining area, and a lounge. There is also a family bathroom and two spacious double bedrooms, both with fitted wardrobes. The master bedroom includes an en-suite bathroom. Both the master bedroom and the lounge provide access to a terrace with morning sun and views of the communal gardens and pool. The El Rincon complex is just a few minutes' walk from the seafront and offers a gated community with intercom access, communal swimming pools (one heated), a kids' pool, and well-maintained communal gardens. The apartment comes with air conditioning and electric shutters. Also included in the sale price are a parking space and a storage room in a secure underground garage
Morfitt Properties Tenerife is pleased to offer for sale this spacious 2-bedroom apartment in the popular El Rincon complex, located in the holiday resort of Los Cristianos. The apartment has an internal area of over 100m , featuring an entrance hall with storage, an open-plan living area with a fully fitted kitchen, a dining area, and a lounge. There is also a family bathroom and two spacious double bedrooms, both with fitted wardrobes. The master bedroom includes an en-suite bathroom. Both the master bedroom and the lounge provide access to a terrace with morning sun and views of the communal gardens and pool. The El Rincon complex is just a few minutes' walk from the seafront and offers a gated community with intercom access, communal swimming pools (one heated), a kids' pool, and well-maintained communal gardens. The apartment comes with air conditioning and electric shutters. Also included in the sale price are a parking space and a storage room in a secure underground garage
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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 €524,950 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 |
|---|---|---|---|
| €524,950 | £434,821 | £451,168 | £16,347 |
| Property Price € | €524,950 |
| Minimum cost in the last six months | £434,821 |
| Maximum cost in the last six months | £451,168 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,347 |
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 €524,950 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 |
|---|---|---|---|
| €524,950 | £434,821 | £451,168 | £16,347 |
| Property Price € | €524,950 |
| Minimum cost in the last six months | £434,821 |
| Maximum cost in the last six months | £451,168 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,347 |
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 £16,347 more.
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