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Apartment
Playa de Las Americas, Tenerife, Spain
REF: 955203
€550,000
Description
Morfitt Properties Tenerife is pleased to offer for sale this spacious ground-floor apartment in the frontline complex of Parque Santiago 3. This apartment, located on the ground floor, boasts a large, sunny terrace with direct access to one of the swimming pools. The interior features a double bedroom with fitted wardrobes, a bathroom, and an open-plan living area that includes a fully fitted kitchen, dining area, and lounge. Both the lounge and the double bedroom provide access to the sunny terrace. Parque Santiago 3 is a sought-after frontline complex offering excellent amenities, including two communal swimming pools (one heated), a children's water park, and beautifully maintained gardens. Ideally situated on the prestigious Golden Mile, it is surrounded by a variety of shops and restaurants.
Morfitt Properties Tenerife is pleased to offer for sale this spacious ground-floor apartment in the frontline complex of Parque Santiago 3. This apartment, located on the ground floor, boasts a large, sunny terrace with direct access to one of the swimming pools. The interior features a double bedroom with fitted wardrobes, a bathroom, and an open-plan living area that includes a fully fitted kitchen, dining area, and lounge. Both the lounge and the double bedroom provide access to the sunny terrace. Parque Santiago 3 is a sought-after frontline complex offering excellent amenities, including two communal swimming pools (one heated), a children's water park, and beautifully maintained gardens. Ideally situated on the prestigious Golden Mile, it is surrounded by a variety of shops and restaurants.
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Currency Exchange
Playa de Las Americas, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
Playa de Las Americas, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
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 £24,305 more.
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