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Nova Futuro Real Estate Boutique presents this particular luxury property in Abama Luxury Residences
Abama, Tenerife, Spain, 38687
REF: 678231
€1,500,000
Description
Nova Futuro Real Estate Boutique presents this particular luxury property in Abama Luxury Residences. This spacious penthouse is distributed in an entrance hall, separate kitchen opening onto the living room, large living room with direct access to the terrace and with views, two large bedrooms doubles and two full bathrooms. The master bedroom with bathroom en suite and direct access to the terrace. From the large terrace you can enjoy the pleasant panoramic views of the Atlantic Ocean, the island of La Gomera and the Abama golf courses. The property is decorated in a classic and elegant style, in accordance with the Abama canons, distinguished by its particular architectural style, and has luxury finishes and top quality materials. The vast territory of Abama Luxury Residences is designed to offer an exquisite environment of high standing, an oasis between the golf courses and the gardens with abundant subtropical vegetation. The entire territory has its own infrastructure with the sole objective of offering the greatest and most exclusive comfort to its residents. The owners of Abama have at their fingertips the highest level of services on the entire island of Tenerife - Michelin star restaurants, one of the best golf courses in all of Spain, a tennis academy, a luxury spa, gyms, boutiques and its paradisiacal beach. Las Terrazas de Abama has been the first complex of Abama Luxury Residences, built in 2015 and the newly built units are completely sold out and there are very few occasions when there is availability for sale in this complex.
Nova Futuro Real Estate Boutique presents this particular luxury property in Abama Luxury Residences. This spacious penthouse is distributed in an entrance hall, separate kitchen opening onto the living room, large living room with direct access to the terrace and with views, two large bedrooms doubles and two full bathrooms. The master bedroom with bathroom en suite and direct access to the terrace. From the large terrace you can enjoy the pleasant panoramic views of the Atlantic Ocean, the island of La Gomera and the Abama golf courses. The property is decorated in a classic and elegant style, in accordance with the Abama canons, distinguished by its particular architectural style, and has luxury finishes and top quality materials. The vast territory of Abama Luxury Residences is designed to offer an exquisite environment of high standing, an oasis between the golf courses and the gardens with abundant subtropical vegetation. The entire territory has its own infrastructure with the sole objective of offering the greatest and most exclusive comfort to its residents. The owners of Abama have at their fingertips the highest level of services on the entire island of Tenerife - Michelin star restaurants, one of the best golf courses in all of Spain, a tennis academy, a luxury spa, gyms, boutiques and its paradisiacal beach. Las Terrazas de Abama has been the first complex of Abama Luxury Residences, built in 2015 and the newly built units are completely sold out and there are very few occasions when there is availability for sale in this complex.
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Currency Exchange
Abama, Tenerife, Spain, 38687
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,276,035 | £1,314,735 | £38,700 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,276,035 |
| Maximum cost in the last six months | £1,314,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,700 |
Abama, Tenerife, Spain, 38687
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,276,035 | £1,314,735 | £38,700 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,276,035 |
| Maximum cost in the last six months | £1,314,735 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,700 |
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 £38,700 more.
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