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Apartment
Playa de Las Americas, Tenerife, Spain
REF: 889556
€475,000
Description
Morfitt Properties Tenerife are delighted to offer an apartment for sale in the highly popular complex of Parque Santiago 3 which is situated on the golden mile of Playa de Las Americas. The property is located on the ground floor, so access is easy, and the large terrace enjoys sunshine all day. The apartment has a double bedroom with fitted wardrobes and patio doors lead to the terrace. The spacious lounge has an open kitchen which has been modernised. The bathroom is modern, bright and has a walk-in shower. The frontline complex leads onto the best beaches in the area and to the front of the complex there are designer shops with the Oasis and Safari shopping centres. The large communal swimming pool is heated and there is even a children s water park and gymnasium on site. The property is sold fully furnished and is an ideal holiday home or super rental investment through the superbly managed reception. A very prestigious property on a complex that is second to none.
Morfitt Properties Tenerife are delighted to offer an apartment for sale in the highly popular complex of Parque Santiago 3 which is situated on the golden mile of Playa de Las Americas. The property is located on the ground floor, so access is easy, and the large terrace enjoys sunshine all day. The apartment has a double bedroom with fitted wardrobes and patio doors lead to the terrace. The spacious lounge has an open kitchen which has been modernised. The bathroom is modern, bright and has a walk-in shower. The frontline complex leads onto the best beaches in the area and to the front of the complex there are designer shops with the Oasis and Safari shopping centres. The large communal swimming pool is heated and there is even a children s water park and gymnasium on site. The property is sold fully furnished and is an ideal holiday home or super rental investment through the superbly managed reception. A very prestigious property on a complex that is second to none.
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Currency Exchange
Playa de Las Americas, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
Playa de Las Americas, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
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 £14,792 more.
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