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We are pleased to present a fantastic apartment located in a tourist complex in the Puerto Rico area
Mogan, Gran Canaria, Spain, 35140
REF: 903922
€155,000
Description
We are pleased to present a fantastic apartment located in a tourist complex in the Puerto Rico area. The complex has all the services such as an elevator, supermarket, laundry, pool bar and a large pool-solarium with incredible views of the sea. This apartment is exclusive for investment, being managed by one of the largest hotel companies on our island, thus obtaining good profits. The future owner will be able to use the apartment in the summer months by meeting the discounted payment requirements. IBI and garbage expenses are the responsibility of the owner. The apartment is positioned on the upper floor, at the height of the pool and has partial views of the sea. It consists of a sunny terrace, living room-kitchen, a bedroom and a full bathroom. Close to service areas such as bus stop, shopping center, restaurants, pharmacy and a short drive from the beach. *Visits to the property*: All those interested in viewing the property must present a valid identification document, such as DNI, NIE or passport, before the visit. In addition, you will be required to sign a visit sheet upon entering the property. Additional information: - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer plus the corresponding IGIC in the latter case), Property Registry, notary and agency fees. . - Information about the property is subject to possible errors and involuntary changes.
We are pleased to present a fantastic apartment located in a tourist complex in the Puerto Rico area. The complex has all the services such as an elevator, supermarket, laundry, pool bar and a large pool-solarium with incredible views of the sea. This apartment is exclusive for investment, being managed by one of the largest hotel companies on our island, thus obtaining good profits. The future owner will be able to use the apartment in the summer months by meeting the discounted payment requirements. IBI and garbage expenses are the responsibility of the owner. The apartment is positioned on the upper floor, at the height of the pool and has partial views of the sea. It consists of a sunny terrace, living room-kitchen, a bedroom and a full bathroom. Close to service areas such as bus stop, shopping center, restaurants, pharmacy and a short drive from the beach. *Visits to the property*: All those interested in viewing the property must present a valid identification document, such as DNI, NIE or passport, before the visit. In addition, you will be required to sign a visit sheet upon entering the property. Additional information: - The use of the property will always be subject to current legislation. - The sale price does not include taxes or sales expenses, such as the Property Transfer Tax (6.5% or 1% in the case of the first transfer plus the corresponding IGIC in the latter case), Property Registry, notary and agency fees. . - Information about the property is subject to possible errors and involuntary changes.
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Currency Exchange
Mogan, Gran Canaria, Spain, 35140
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 €155,000 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 |
|---|---|---|---|
| €155,000 | £128,941 | £133,396 | £4,455 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £128,941 |
| Maximum cost in the last six months | £133,396 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,455 |
Mogan, Gran Canaria, Spain, 35140
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 €155,000 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 |
|---|---|---|---|
| €155,000 | £128,941 | £133,396 | £4,455 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £128,941 |
| Maximum cost in the last six months | £133,396 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,455 |
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 £4,455 more.
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