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Very nice studio in the Olympia complex with better central location and a few minutes from the sandy beach
Playa De Las Americas, Tenerife, Spain, 38660
REF: 908494
€220,000
Description
Very nice studio in the Olympia complex with better central location and a few minutes from the sandy beach. The apartment is renovated and decorated with taste and quality furniture. Ready to enter, it is left like this! It has an area of 32m2. The community expenses are 135 euros per month including water and electricity. Real estate tax 164 euros per year. The complex is very well maintained and one of the few with a private parking, it also has a communal pool and access to the bus station next door. VYM Canarias with more than 14 years in the market and 5 offices in Tenerife and Costa Blanca offers its clients a wide variety of apartments for sale and for rent, info on our website: . At your disposal: after-sales service, property management, rentals, assistance with insurance, alarms, legal support among others.
Very nice studio in the Olympia complex with better central location and a few minutes from the sandy beach. The apartment is renovated and decorated with taste and quality furniture. Ready to enter, it is left like this! It has an area of 32m2. The community expenses are 135 euros per month including water and electricity. Real estate tax 164 euros per year. The complex is very well maintained and one of the few with a private parking, it also has a communal pool and access to the bus station next door. VYM Canarias with more than 14 years in the market and 5 offices in Tenerife and Costa Blanca offers its clients a wide variety of apartments for sale and for rent, info on our website: . At your disposal: after-sales service, property management, rentals, assistance with insurance, alarms, legal support among others.
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Currency Exchange
Playa De Las Americas, Tenerife, Spain, 38660
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
Playa De Las Americas, Tenerife, Spain, 38660
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
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 £6,851 more.
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