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We present a modern apartment located in a luxury residential development located in Loma Dos
Mogan, Gran Canaria, Spain, 35140
REF: 907779
€485,000
Description
We present a modern apartment located in a luxury residential development located in Loma Dos. The complex has impeccable facilities in the common areas; large heated pool, solarium, toilets, showers and security service. It has a license for holiday rentals and is currently active, obtaining excellent profits. Ideal as a home for investment or to settle in a popular residential area and highly sought after by our clients. It is distributed in an incredible 60 square meter terrace, large bright living room, independent and equipped kitchen, two bedrooms en suite with built-in bathroom, and a toilet. High quality materials, air conditioning and marble floors. Close to service areas such as a shopping center, gas station, schools, restaurants and a short distance 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, they will be required to sign a visit sheet upon entering the property. Additional information: - home team acts only as an intermediary in the sale of this property. All information related to the tourist exploitation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or purchase expenses, such as the Property Transfer Tax (6.5% or 1% in the case of first transfer, plus corresponding IGIC), Land Registry fees, notary and agency fees. - The information on the property is subject to possible errors and involuntary changes.
We present a modern apartment located in a luxury residential development located in Loma Dos. The complex has impeccable facilities in the common areas; large heated pool, solarium, toilets, showers and security service. It has a license for holiday rentals and is currently active, obtaining excellent profits. Ideal as a home for investment or to settle in a popular residential area and highly sought after by our clients. It is distributed in an incredible 60 square meter terrace, large bright living room, independent and equipped kitchen, two bedrooms en suite with built-in bathroom, and a toilet. High quality materials, air conditioning and marble floors. Close to service areas such as a shopping center, gas station, schools, restaurants and a short distance 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, they will be required to sign a visit sheet upon entering the property. Additional information: - home team acts only as an intermediary in the sale of this property. All information related to the tourist exploitation has been provided by the seller, and home team is not responsible for its veracity. - The use of the property will always be subject to current legislation. - The sale price does not include taxes or purchase expenses, such as the Property Transfer Tax (6.5% or 1% in the case of first transfer, plus corresponding IGIC), Land Registry fees, notary and agency fees. - The information on 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 €485,000 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 |
|---|---|---|---|
| €485,000 | £401,730 | £416,833 | £15,103 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £401,730 |
| Maximum cost in the last six months | £416,833 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,103 |
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 €485,000 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 |
|---|---|---|---|
| €485,000 | £401,730 | £416,833 | £15,103 |
| Property Price € | €485,000 |
| Minimum cost in the last six months | £401,730 |
| Maximum cost in the last six months | £416,833 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,103 |
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 £15,103 more.
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