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Country house in El Bebedero La Orotava
Santa Cruz de Tenerife, Spain
REF: 880500
€90,000
Description
-NOT MORTGAGEABLE- House in the area of Bebedero in La Orotava, it is distributed in one floor with roof. The ground floor is distributed through a hallway with a living room, four bedrooms, a kitchen and a bathroom, the kitchen is individual. The house has a covered patio that connects with the roof terrace, in the roof terrace there is a large room. The house has a front plot of land which can be used for different purposes of the house. The property is in need of renovation.
The above information has been provided by third parties, is for information purposes only and is believed to be correct. No guarantee can be given as to the veracity of the information given, and the offer may be subject to errors, price changes, omissions and/or withdrawal from the market without prior notice. Transfer, notary and registration fees are to be paid by the buyer. Fees and municipal surplus value are to be paid by the seller.[IW]
-NOT MORTGAGEABLE- House in the area of Bebedero in La Orotava, it is distributed in one floor with roof. The ground floor is distributed through a hallway with a living room, four bedrooms, a kitchen and a bathroom, the kitchen is individual. The house has a covered patio that connects with the roof terrace, in the roof terrace there is a large room. The house has a front plot of land which can be used for different purposes of the house. The property is in need of renovation.
The above information has been provided by third parties, is for information purposes only and is believed to be correct. No guarantee can be given as to the veracity of the information given, and the offer may be subject to errors, price changes, omissions and/or withdrawal from the market without prior notice. Transfer, notary and registration fees are to be paid by the buyer. Fees and municipal surplus value are to be paid by the seller.[IW]
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Currency Exchange
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,151 | £77,351 | £3,200 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,151 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,200 |
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,151 | £77,351 | £3,200 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,151 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,200 |
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 £3,200 more.
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