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The Property Gallery present this residential complex in the very popular area of Golf Del Sur and is a small community of 31 terraced houses with communal areas, large sunbathing and pool area, and spacious gardens where you can relax and enjoy the sun
Golf Del Sur, Tenerife, Spain, 38639
REF: 513837
€279,000
Description
The Property Gallery present this residential complex in the very popular area of Golf Del Sur and is a small community of 31 terraced houses with communal areas, large sunbathing and pool area, and spacious gardens where you can relax and enjoy the sun. The complex is just a short distance away from the golf course as well as shops, bars, restaurants as well as being just a short distance from the Tenerife South airport (7km). Each property is built over two floors and consists of two good size bedrooms with fitted wardrobes, two bathrooms, a large lounge and dining area and a fully fitted kitchen. They all have ample sunny terraces, some being slightly larger than others depending on the location in the complex. Its interiors are functional and distributed so that natural light, filters through each of its corners. The whole complex is being fully refurbished, and you have the option to pay it over the course of the refurbishment. You can reserve your property for as little as 3,000 . Also, the buyer has the advantage of being able to rent out this property via the in-house rental administration team, which will provide a good return on investment. 12 months to complete the refurbishment, started February 2022. Disclaimer: Please note The Property Gallery receives property information, documents, plans, etc. From the seller and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore it is the responsibility of our clients to ensure that the information and details about the property is correct. All written offers are non-binding, may be subject to errors, price changes prior to the sale or withdrawal from the market without prior notice.[IW]
The Property Gallery present this residential complex in the very popular area of Golf Del Sur and is a small community of 31 terraced houses with communal areas, large sunbathing and pool area, and spacious gardens where you can relax and enjoy the sun. The complex is just a short distance away from the golf course as well as shops, bars, restaurants as well as being just a short distance from the Tenerife South airport (7km). Each property is built over two floors and consists of two good size bedrooms with fitted wardrobes, two bathrooms, a large lounge and dining area and a fully fitted kitchen. They all have ample sunny terraces, some being slightly larger than others depending on the location in the complex. Its interiors are functional and distributed so that natural light, filters through each of its corners. The whole complex is being fully refurbished, and you have the option to pay it over the course of the refurbishment. You can reserve your property for as little as 3,000 . Also, the buyer has the advantage of being able to rent out this property via the in-house rental administration team, which will provide a good return on investment. 12 months to complete the refurbishment, started February 2022. Disclaimer: Please note The Property Gallery receives property information, documents, plans, etc. From the seller and it isn't always possible to verify it. While The Property Gallery requests correct information from the seller, we recommend seeking independent legal advice to verify property documents and details prior to any property purchase. Therefore it is the responsibility of our clients to ensure that the information and details about the property is correct. All written offers are non-binding, may be subject to errors, price changes prior to the sale or withdrawal from the market without prior notice.[IW]
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Currency Exchange
Golf Del Sur, Tenerife, Spain, 38639
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 €279,000 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 |
|---|---|---|---|
| €279,000 | £237,343 | £244,555 | £7,212 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £237,343 |
| Maximum cost in the last six months | £244,555 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,212 |
Golf Del Sur, Tenerife, Spain, 38639
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 €279,000 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 |
|---|---|---|---|
| €279,000 | £237,343 | £244,555 | £7,212 |
| Property Price € | €279,000 |
| Minimum cost in the last six months | £237,343 |
| Maximum cost in the last six months | £244,555 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,212 |
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 £7,212 more.
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