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House
San Eugenio Alto, Tenerife, Spain
REF: 317321
€1,200,000
Description
Morfitt Properties Tenerife are pleased to offer an exclusive villa, nestled in the picturesque San Eugenio Alto neighbourhood. The Villa is situated on a very quiet road and has spectacular views to the sea. This unique property is part of a development of just five properties with a shared pool. Distributed over three levels, this villa offers a unique combination of privacy and yet a short distance to the amenities. The principal part of the house consists of 3 bedrooms and 2 bathrooms, the master being en-suite, and a W.C. The terrace area measures over 200m2 and there is a communal pool which is 12m x 6m and the build size is 250m2. On the ground floor, you ll find a separate apartment with its own entrance, perfect for guests or family members. The apartment boasts 3 bedrooms, 2 bathrooms, and a cozy lounge with a kitchenette. The ground floor also features a spacious two-car garage, and a workshop or study.
Morfitt Properties Tenerife are pleased to offer an exclusive villa, nestled in the picturesque San Eugenio Alto neighbourhood. The Villa is situated on a very quiet road and has spectacular views to the sea. This unique property is part of a development of just five properties with a shared pool. Distributed over three levels, this villa offers a unique combination of privacy and yet a short distance to the amenities. The principal part of the house consists of 3 bedrooms and 2 bathrooms, the master being en-suite, and a W.C. The terrace area measures over 200m2 and there is a communal pool which is 12m x 6m and the build size is 250m2. On the ground floor, you ll find a separate apartment with its own entrance, perfect for guests or family members. The apartment boasts 3 bedrooms, 2 bathrooms, and a cozy lounge with a kitchenette. The ground floor also features a spacious two-car garage, and a workshop or study.
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Currency Exchange
San Eugenio Alto, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £1,020,828 | £1,051,848 | £31,020 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £1,020,828 |
| Maximum cost in the last six months | £1,051,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,020 |
San Eugenio Alto, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £1,020,828 | £1,051,848 | £31,020 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £1,020,828 |
| Maximum cost in the last six months | £1,051,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,020 |
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 £31,020 more.
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