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Semidetached house in Vegueta
Vegueta, Spain
REF: 915235
€1,100,000
Description
GILMAR offers you this unique opportunity. Semi-detached house in the emblematic neighbourhood of Vegueta. Spectacular corner semi-detached house for sale, located in the heart of the historic neighbourhood of Vegueta, declared a protected building and part of the architectural catalogue of the city. This magnificent neoclassical style house, with more than 400 metres built according to the land registry, is an example of traditional Canarian architecture, with ornamental details that stand out: hydraulic tiles, stonework and high quality wooden carpentry. The property is distributed over two floors, with a roof terrace from which you can enjoy breathtaking panoramic views of the city and the majestic Cathedral of Santa Ana. Although the house is in need of renovation, the upper floor is in good condition and is habitable, with updated kitchen and bathrooms. The possibilities for this property are endless, whether for use as a primary residence or as an investment to develop a small boutique hotel, office building or rental residence. An architectural gem with potential in a prime location. Don't let this opportunity pass you by, contact us for more information; our team of professionals will be delighted to assist you and resolve all your doubts. Information: The sale price does not include transfer taxes, notary fees, registration fees or any other fees that may correspond to the buyer according to the law. The information given is merely indicative and is subject to errors or involuntary omissions.
GILMAR offers you this unique opportunity. Semi-detached house in the emblematic neighbourhood of Vegueta. Spectacular corner semi-detached house for sale, located in the heart of the historic neighbourhood of Vegueta, declared a protected building and part of the architectural catalogue of the city. This magnificent neoclassical style house, with more than 400 metres built according to the land registry, is an example of traditional Canarian architecture, with ornamental details that stand out: hydraulic tiles, stonework and high quality wooden carpentry. The property is distributed over two floors, with a roof terrace from which you can enjoy breathtaking panoramic views of the city and the majestic Cathedral of Santa Ana. Although the house is in need of renovation, the upper floor is in good condition and is habitable, with updated kitchen and bathrooms. The possibilities for this property are endless, whether for use as a primary residence or as an investment to develop a small boutique hotel, office building or rental residence. An architectural gem with potential in a prime location. Don't let this opportunity pass you by, contact us for more information; our team of professionals will be delighted to assist you and resolve all your doubts. Information: The sale price does not include transfer taxes, notary fees, registration fees or any other fees that may correspond to the buyer according to the law. The information given is merely indicative and is subject to errors or involuntary omissions.
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Currency Exchange
Vegueta, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
Vegueta, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
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 £39,105 more.
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