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House
Miraverde, Tenerife, Spain
REF: 878420
€450,000
Description
Morfitt Properties Tenerife are pleased to offer for sale a bungalow style villa in the quiet area of Miraverde. The property has a plot of approx 266m2 and a total build of approx 97m2 offering, open plan living area with fitted kitchen and lounge / diner area, family shower-room and 2 double bedrooms both with fitted fitted wardrobes and air-conditioning, master bedroom with large en-suite shower-room. The exterior offers terraces on all sides of the property, with ample sunbathing area, and exterior shower and a separate guest house, with sleeping area and shower-room. The property is sold as seen, and has several storage units and partial sea view. Miradverde is located just below the popular area of El Madronal where you will find school, mini-markets, restaurants, cafes, and a park. There is also good access to the TF1 motorway and is a short walk to the popular shopping centre of X-Sur with an array of amenities and a major supermarket
Morfitt Properties Tenerife are pleased to offer for sale a bungalow style villa in the quiet area of Miraverde. The property has a plot of approx 266m2 and a total build of approx 97m2 offering, open plan living area with fitted kitchen and lounge / diner area, family shower-room and 2 double bedrooms both with fitted fitted wardrobes and air-conditioning, master bedroom with large en-suite shower-room. The exterior offers terraces on all sides of the property, with ample sunbathing area, and exterior shower and a separate guest house, with sleeping area and shower-room. The property is sold as seen, and has several storage units and partial sea view. Miradverde is located just below the popular area of El Madronal where you will find school, mini-markets, restaurants, cafes, and a park. There is also good access to the TF1 motorway and is a short walk to the popular shopping centre of X-Sur with an array of amenities and a major supermarket
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Currency Exchange
Miraverde, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
Miraverde, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £377,694 | £388,152 | £10,458 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £377,694 |
| Maximum cost in the last six months | £388,152 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,458 |
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 £10,458 more.
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