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Apartment
Abama, Tenerife, Spain
REF: 916118
€899,000
Description
This luxurious 1st floor apartment is located in the Las Terrazas de Abama complex which forms part of the prestigious Abama Golf resort, home to one of the top golf courses in Spain. Located on the south-west coast of Tenerife, The Abama complex is recognised as the most prestigious location on the whole island of Tenerife. It is built around the magnificent golf course with its fantastic hotel operated by Ritz-Carlton as the centrepiece, and has numerous dining options, including two Michelin-starred restaurants. This location has everything for the discerning property owner, including a beautiful beach, set in a protected cove, with a high-quality beach bar / restaurant, Abama Resort also boasts a tennis academy. Around 3 km away, one can visit the traditional small town of Playa de San Juan, offering local restaurants, bars, shops, beach and boulevard, all offering an authentic Canarian experience. Las Terrazas apartments are built a short way from the clubhouse and the whole complex is simply magnificent with its three swimming pools and large areas of terrace and garden, as well as access to the Plaza Abama Residents' social hub, with its cosy lounges, meeting areas, pools and state of the art gym facilities alongside a selection of premium retail outlets and boutiques. They also have the added benefit of a managed holiday rentals system which allows the property to be rented to holidaymakers through the on-site management service when not in use, providing the opportunity for hassle free ongoing income. This luxury apartment offers a comfortable, spacious living area finished and furnished to the highest standards. Air conditioned throughout and comprises master double bedroom with fitted wardrobes and luxury en-suite bathroom with bathtub and separate shower unit, second double bedroom with fitted wardrobes, and a further full family bathroom. The kitchen is modern with integrated appliances and is open plan to the spacious, comfortable living, dining room Externally, there are two terrace areas and offer ample space for dining, sunbathing, or simple relaxing and taking in the delightful views of the gardens, swimming pool, golf course and out to the ocean. The apartment comes fully furnished and also includes a private parking space in the communal garage and a storage room making this a definite must-see property for clients and investors.
This luxurious 1st floor apartment is located in the Las Terrazas de Abama complex which forms part of the prestigious Abama Golf resort, home to one of the top golf courses in Spain. Located on the south-west coast of Tenerife, The Abama complex is recognised as the most prestigious location on the whole island of Tenerife. It is built around the magnificent golf course with its fantastic hotel operated by Ritz-Carlton as the centrepiece, and has numerous dining options, including two Michelin-starred restaurants. This location has everything for the discerning property owner, including a beautiful beach, set in a protected cove, with a high-quality beach bar / restaurant, Abama Resort also boasts a tennis academy. Around 3 km away, one can visit the traditional small town of Playa de San Juan, offering local restaurants, bars, shops, beach and boulevard, all offering an authentic Canarian experience. Las Terrazas apartments are built a short way from the clubhouse and the whole complex is simply magnificent with its three swimming pools and large areas of terrace and garden, as well as access to the Plaza Abama Residents' social hub, with its cosy lounges, meeting areas, pools and state of the art gym facilities alongside a selection of premium retail outlets and boutiques. They also have the added benefit of a managed holiday rentals system which allows the property to be rented to holidaymakers through the on-site management service when not in use, providing the opportunity for hassle free ongoing income. This luxury apartment offers a comfortable, spacious living area finished and furnished to the highest standards. Air conditioned throughout and comprises master double bedroom with fitted wardrobes and luxury en-suite bathroom with bathtub and separate shower unit, second double bedroom with fitted wardrobes, and a further full family bathroom. The kitchen is modern with integrated appliances and is open plan to the spacious, comfortable living, dining room Externally, there are two terrace areas and offer ample space for dining, sunbathing, or simple relaxing and taking in the delightful views of the gardens, swimming pool, golf course and out to the ocean. The apartment comes fully furnished and also includes a private parking space in the communal garage and a storage room making this a definite must-see property for clients and investors.
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Currency Exchange
Abama, 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 €899,000 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 |
|---|---|---|---|
| €899,000 | £740,686 | £772,646 | £31,959 |
| Property Price € | €899,000 |
| Minimum cost in the last six months | £740,686 |
| Maximum cost in the last six months | £772,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,959 |
Abama, 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 €899,000 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 |
|---|---|---|---|
| €899,000 | £740,686 | £772,646 | £31,959 |
| Property Price € | €899,000 |
| Minimum cost in the last six months | £740,686 |
| Maximum cost in the last six months | £772,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,959 |
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 £31,959 more.
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