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House
El Madronal, Tenerife, Spain
REF: 932375
€1,680,000
Description
Located in the prestigious area of El Madroñal in Costa Adeje, this villa offers the perfect combination of comfort and style. The property features 4 bedrooms (one conveniently located on the ground floor) and 4 bathrooms. It also includes a private garage and an additional parking space. The villa is sold fully furnished and designed for outdoor living. Spacious terraces surround a kidney-shaped heated pool, with a depth of 1.50 meters. Around the pool, you'll find padded sun loungers, umbrellas, rattan furniture, and a dining table for 8 people under a pergola perfect for al fresco dining by the barbecue area. This property is an excellent choice, whether as a private residence or as an investment, as it comes with a valid vacation rental license (VV). The stunning beaches of El Duque and Fañabé are just a 5-minute drive away. Additionally, nearby amenities include the Gran Sur shopping center with supermarkets and a cinema, as well as the famous Siam Park water theme park and other attractions.
Located in the prestigious area of El Madroñal in Costa Adeje, this villa offers the perfect combination of comfort and style. The property features 4 bedrooms (one conveniently located on the ground floor) and 4 bathrooms. It also includes a private garage and an additional parking space. The villa is sold fully furnished and designed for outdoor living. Spacious terraces surround a kidney-shaped heated pool, with a depth of 1.50 meters. Around the pool, you'll find padded sun loungers, umbrellas, rattan furniture, and a dining table for 8 people under a pergola perfect for al fresco dining by the barbecue area. This property is an excellent choice, whether as a private residence or as an investment, as it comes with a valid vacation rental license (VV). The stunning beaches of El Duque and Fañabé are just a 5-minute drive away. Additionally, nearby amenities include the Gran Sur shopping center with supermarkets and a cinema, as well as the famous Siam Park water theme park and other attractions.
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Currency Exchange
El Madronal, 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 €1,680,000 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 |
|---|---|---|---|
| €1,680,000 | £1,384,152 | £1,424,808 | £40,656 |
| Property Price € | €1,680,000 |
| Minimum cost in the last six months | £1,384,152 |
| Maximum cost in the last six months | £1,424,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,656 |
El Madronal, 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 €1,680,000 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 |
|---|---|---|---|
| €1,680,000 | £1,384,152 | £1,424,808 | £40,656 |
| Property Price € | €1,680,000 |
| Minimum cost in the last six months | £1,384,152 |
| Maximum cost in the last six months | £1,424,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,656 |
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 £40,656 more.
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