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This property was built in 1983 and is located in one of the most exclusive areas of Puerto de la Cruz in Northern Tenerife
PUERTO DE LA CRUZ, Santa Cruz de Tenerife, Spain
REF: 197100
€799,000
Description
This property was built in 1983 and is located in one of the most exclusive areas of Puerto de la Cruz in Northern Tenerife. The house has 5 bedrooms, 3 bathrooms, a guest toilet, a very large garage and many outdoor and indoor sit areas. 3 of the 5 bedrooms are located on the main floor and 2 of them can be found on the first floor. The 1.335 square meters measuring plot is divided into 2 different areas; the plot where the house is built in measures approximately 650 square meters and behind the property is a 685 square meter plot located. This last plot has a private entrance and there could be built another property on it. The other possibility is converting the 2 plots into one big garden. Please contact Agata s Real Estate team for any details. The offer is subject to errors, price changes, omission and / or withdrawal without notice. Property transfer costs (6,5% from declared property priced), notary and registry fees are payable by the buyer. There are no real estate agent commission costs to the buyer.
This property was built in 1983 and is located in one of the most exclusive areas of Puerto de la Cruz in Northern Tenerife. The house has 5 bedrooms, 3 bathrooms, a guest toilet, a very large garage and many outdoor and indoor sit areas. 3 of the 5 bedrooms are located on the main floor and 2 of them can be found on the first floor. The 1.335 square meters measuring plot is divided into 2 different areas; the plot where the house is built in measures approximately 650 square meters and behind the property is a 685 square meter plot located. This last plot has a private entrance and there could be built another property on it. The other possibility is converting the 2 plots into one big garden. Please contact Agata s Real Estate team for any details. The offer is subject to errors, price changes, omission and / or withdrawal without notice. Property transfer costs (6,5% from declared property priced), notary and registry fees are payable by the buyer. There are no real estate agent commission costs to the buyer.
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Currency Exchange
PUERTO DE LA CRUZ, 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 €799,000 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 |
|---|---|---|---|
| €799,000 | £679,701 | £700,316 | £20,614 |
| Property Price € | €799,000 |
| Minimum cost in the last six months | £679,701 |
| Maximum cost in the last six months | £700,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,614 |
PUERTO DE LA CRUZ, 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 €799,000 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 |
|---|---|---|---|
| €799,000 | £679,701 | £700,316 | £20,614 |
| Property Price € | €799,000 |
| Minimum cost in the last six months | £679,701 |
| Maximum cost in the last six months | £700,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,614 |
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 £20,614 more.
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