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This charming bungalow in the sought-after Island Village complex offers comfort, convenience, and investment potential in an unbeatable location
Adeje, Tenerife, Spain, 38670
REF: 919359
€467,000
Description
This charming bungalow in the sought-after Island Village complex offers comfort, convenience, and investment potential in an unbeatable location. The property features two spacious bedrooms, with the master bedroom boasting a large dressing room and the second bedroom equipped with fitted wardrobes. There is a full bathroom and an additional toilet for convenience. The open-plan fitted kitchen flows seamlessly into the dining area and living room, creating a warm and inviting space for everyday living. Adjacent to the kitchen, you'll find a practical laundry and pantry room with ample storage. An additional room, currently used as an office, provides flexibility and could easily be converted into a third bedroom. From the living room, you have direct access to a generous west-facing terrace complete with a barbecue area, perfect for relaxing or entertaining guests. It is sold furnished, making it move-in ready for a new owner. Community fees are 145 per month, and the annual property tax (IBI) is 620. Situated in a well-maintained complex with a swimming pool and landscaped garden areas, the property also benefits from its prime location. All essential amenities, including shops, bars, restaurants, supermarkets, and public transport, are just a short walk away. Aqualand is a mere three-minute stroll away, Puerto Colón can be reached in 15 minutes on foot, and Playa Fañabé is just 20 minutes away. With holiday rentals permitted, this bungalow is not only a perfect home but also a fantastic investment opportunity. Disclaimer: Please note The Property Gallery receives property information, documents, plans, etc., from the seller, and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore, it is the responsibility of our clients to ensure that the information and details about the property are correct. All written offers are non-binding and may be subject to errors or price changes prior to the sale or withdrawal from the market without prior notice.[IW]
This charming bungalow in the sought-after Island Village complex offers comfort, convenience, and investment potential in an unbeatable location. The property features two spacious bedrooms, with the master bedroom boasting a large dressing room and the second bedroom equipped with fitted wardrobes. There is a full bathroom and an additional toilet for convenience. The open-plan fitted kitchen flows seamlessly into the dining area and living room, creating a warm and inviting space for everyday living. Adjacent to the kitchen, you'll find a practical laundry and pantry room with ample storage. An additional room, currently used as an office, provides flexibility and could easily be converted into a third bedroom. From the living room, you have direct access to a generous west-facing terrace complete with a barbecue area, perfect for relaxing or entertaining guests. It is sold furnished, making it move-in ready for a new owner. Community fees are 145 per month, and the annual property tax (IBI) is 620. Situated in a well-maintained complex with a swimming pool and landscaped garden areas, the property also benefits from its prime location. All essential amenities, including shops, bars, restaurants, supermarkets, and public transport, are just a short walk away. Aqualand is a mere three-minute stroll away, Puerto Colón can be reached in 15 minutes on foot, and Playa Fañabé is just 20 minutes away. With holiday rentals permitted, this bungalow is not only a perfect home but also a fantastic investment opportunity. Disclaimer: Please note The Property Gallery receives property information, documents, plans, etc., from the seller, and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore, it is the responsibility of our clients to ensure that the information and details about the property are correct. All written offers are non-binding and may be subject to errors or price changes prior to the sale or withdrawal from the market without prior notice.[IW]
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Currency Exchange
Adeje, Tenerife, Spain, 38670
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 €467,000 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 |
|---|---|---|---|
| €467,000 | £384,761 | £395,124 | £10,363 |
| Property Price € | €467,000 |
| Minimum cost in the last six months | £384,761 |
| Maximum cost in the last six months | £395,124 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,363 |
Adeje, Tenerife, Spain, 38670
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 €467,000 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 |
|---|---|---|---|
| €467,000 | £384,761 | £395,124 | £10,363 |
| Property Price € | €467,000 |
| Minimum cost in the last six months | £384,761 |
| Maximum cost in the last six months | £395,124 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,363 |
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 £10,363 more.
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