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We present to your attention a functioning business for growing and selling bananas, bringing in a stable income and subsidies, as well as a house ready for a large family to live in in a quiet place on the ocean shore, not far from the center of Buenavista
Buenavista del Norte, Santa Cruz de Tenerife, Spain
REF: 872625
€700,000
Description
We present to your attention a functioning business for growing and selling bananas, bringing in a stable income and subsidies, as well as a house ready for a large family to live in in a quiet place on the ocean shore, not far from the center of Buenavista. The plantations are equipped with a water tank and water for irrigation. The house has one floor, on which there is a kitchen, living room, study, bathroom and 4 bedrooms, as well as a garage. The territory and windows of the house offer stunning views of the ocean, mountains and nature. On the second floor there is a terrace, and on the -1 ground floor there are 2 utility rooms. The house is supplied with city water. Electricity is supplied by solar panels located on the terrace of the second floor. Do not miss the opportunity to live in a wonderful climate in nature and continue a successfully functioning business! Investors have the opportunity to rent out plantations to farmers, and the house to tourists! Location This detached house is located approximately 40 meters above sea level, with no direct neighbors. Despite the rural location, the nearest shops and supermarket can be reached in just 3 minutes by car or on foot. In 15 minutes you will find yourself in the tourist center of Garachico, and in 25 minutes in the beautiful town of Icod de los Vinos. In the center of the town you will find a small pedestrian area with many different shops and cafes. Here you can get everything you need for everyday needs. Walkers will find a variety of flat walking paths. And ocean lovers will be able to walk to the nearest beaches in 30 minutes, or drive in just 5 minutes. To travel south you will need only 1.5 hours by car, and when the tunnel is ready next year, it will take no more than 60 minutes. We are an international boutique real estate agency. Our team speaks English, German, Russian, Polish, French, Dutch, Italian and Spanish. We would be happy to support you in selling or buying a property in Tenerife. Your international real estate agency in Tenerife For more information, visit http://www.agatatenerife.com For further details please contact Agata's real estate team. The offer is subject to errors, price changes, omissions and/or withdrawal without notice. The costs for the property transfer (6.5% of the stated property price), the notary and registration fees are to be borne by the buyer. There are no broker commissions for the buyer.
We present to your attention a functioning business for growing and selling bananas, bringing in a stable income and subsidies, as well as a house ready for a large family to live in in a quiet place on the ocean shore, not far from the center of Buenavista. The plantations are equipped with a water tank and water for irrigation. The house has one floor, on which there is a kitchen, living room, study, bathroom and 4 bedrooms, as well as a garage. The territory and windows of the house offer stunning views of the ocean, mountains and nature. On the second floor there is a terrace, and on the -1 ground floor there are 2 utility rooms. The house is supplied with city water. Electricity is supplied by solar panels located on the terrace of the second floor. Do not miss the opportunity to live in a wonderful climate in nature and continue a successfully functioning business! Investors have the opportunity to rent out plantations to farmers, and the house to tourists! Location This detached house is located approximately 40 meters above sea level, with no direct neighbors. Despite the rural location, the nearest shops and supermarket can be reached in just 3 minutes by car or on foot. In 15 minutes you will find yourself in the tourist center of Garachico, and in 25 minutes in the beautiful town of Icod de los Vinos. In the center of the town you will find a small pedestrian area with many different shops and cafes. Here you can get everything you need for everyday needs. Walkers will find a variety of flat walking paths. And ocean lovers will be able to walk to the nearest beaches in 30 minutes, or drive in just 5 minutes. To travel south you will need only 1.5 hours by car, and when the tunnel is ready next year, it will take no more than 60 minutes. We are an international boutique real estate agency. Our team speaks English, German, Russian, Polish, French, Dutch, Italian and Spanish. We would be happy to support you in selling or buying a property in Tenerife. Your international real estate agency in Tenerife For more information, visit http://www.agatatenerife.com For further details please contact Agata's real estate team. The offer is subject to errors, price changes, omissions and/or withdrawal without notice. The costs for the property transfer (6.5% of the stated property price), the notary and registration fees are to be borne by the buyer. There are no broker commissions for the buyer.
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Currency Exchange
Buenavista del Norte, Santa Cruz de 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £587,524 | £603,792 | £16,268 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £587,524 |
| Maximum cost in the last six months | £603,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,268 |
Buenavista del Norte, Santa Cruz de 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £587,524 | £603,792 | £16,268 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £587,524 |
| Maximum cost in the last six months | £603,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,268 |
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 £16,268 more.
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