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Our agency offers for sale a flat in Lomo Las Brujas in an area of residential buildings
Telde, Gran Canaria, Spain, 35010
REF: 942115
€92,000
Description
Our agency offers for sale a flat in Lomo Las Brujas in an area of residential buildings. The property needs comprehensive renovation and has the possibility of financing up to 100% It consists of a living room, kitchen, four bedrooms and a bathroom. Many possibilities inside. Close to service areas such as supermarkets, shopping centers, school, bars, health center and easy access to the highway. *Visit to the property*: All those interested in visiting the property must present a valid identification document such as DNI, NIE or passport before the visit. In addition, they must sign a visitor form upon entering the property. More information: - The use of the property will always be subject to applicable legislation. - The sale price does not include taxes or purchase expenses such as the property transfer tax (6.5% or 1% on the first transfer plus the corresponding IGIC in the latter case), property registration and notary and brokerage fees. - Property information may contain errors and unintentional changes.
Our agency offers for sale a flat in Lomo Las Brujas in an area of residential buildings. The property needs comprehensive renovation and has the possibility of financing up to 100% It consists of a living room, kitchen, four bedrooms and a bathroom. Many possibilities inside. Close to service areas such as supermarkets, shopping centers, school, bars, health center and easy access to the highway. *Visit to the property*: All those interested in visiting the property must present a valid identification document such as DNI, NIE or passport before the visit. In addition, they must sign a visitor form upon entering the property. More information: - The use of the property will always be subject to applicable legislation. - The sale price does not include taxes or purchase expenses such as the property transfer tax (6.5% or 1% on the first transfer plus the corresponding IGIC in the latter case), property registration and notary and brokerage fees. - Property information may contain errors and unintentional changes.
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Currency Exchange
Telde, Gran Canaria, Spain, 35010
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 €92,000 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 |
|---|---|---|---|
| €92,000 | £75,799 | £77,840 | £2,041 |
| Property Price € | €92,000 |
| Minimum cost in the last six months | £75,799 |
| Maximum cost in the last six months | £77,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,041 |
Telde, Gran Canaria, Spain, 35010
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 €92,000 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 |
|---|---|---|---|
| €92,000 | £75,799 | £77,840 | £2,041 |
| Property Price € | €92,000 |
| Minimum cost in the last six months | £75,799 |
| Maximum cost in the last six months | £77,840 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,041 |
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 £2,041 more.
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