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These studios, which are perfectly suited for tourist use, are located in the very popular Carolina Parque holiday complex in Costa de Silencio in the south of Tenerife
COSTA DEL SILENCIO, Santa Cruz de Tenerife, Spain
REF: 937699
€137,500
Description
These studios, which are perfectly suited for tourist use, are located in the very popular Carolina Parque holiday complex in Costa de Silencio in the south of Tenerife. Some studios have a balcony with sea views, others with a view of the large communal pool. The holiday complex has a hotel reception, a fitness center and is just a few meters from the sea and the beach promenade. There is sufficient parking around the complex. The properties have a license for holiday rentals and are therefore an ideal investment but also very suitable for your own vacation. The offer is subject to errors, price changes, commission and/or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Don't hesitate to contact us.
These studios, which are perfectly suited for tourist use, are located in the very popular Carolina Parque holiday complex in Costa de Silencio in the south of Tenerife. Some studios have a balcony with sea views, others with a view of the large communal pool. The holiday complex has a hotel reception, a fitness center and is just a few meters from the sea and the beach promenade. There is sufficient parking around the complex. The properties have a license for holiday rentals and are therefore an ideal investment but also very suitable for your own vacation. The offer is subject to errors, price changes, commission and/or withdrawal from the market without prior notice. The 6.5% asset transfer, notary and registration expenses are borne by the buyer. Commission expenses are borne by the seller. We are a team of international real estate agents in Tenerife. We speak English, German, Russian, Polish, French, Italian, Dutch and Spanish. This allows us to work with international clients. Don't hesitate to contact us.
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Currency Exchange
COSTA DEL SILENCIO, Santa Cruz de 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 €137,500 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 |
|---|---|---|---|
| €137,500 | £113,286 | £116,614 | £3,328 |
| Property Price € | €137,500 |
| Minimum cost in the last six months | £113,286 |
| Maximum cost in the last six months | £116,614 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,328 |
COSTA DEL SILENCIO, Santa Cruz de 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 €137,500 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 |
|---|---|---|---|
| €137,500 | £113,286 | £116,614 | £3,328 |
| Property Price € | €137,500 |
| Minimum cost in the last six months | £113,286 |
| Maximum cost in the last six months | £116,614 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,328 |
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 £3,328 more.
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