Building for sale in Granadilla

Santa Cruz de Tenerife, Spain

For Sale

€765,000

REF: 734986 €765,000


12

8

Description

Fantastic investment in the South of Tenerife. Building of 8 flats of which 7 have a holiday licence, with a 9,5 rating in booking, most of them with sea views, in the historical and emblematic village of Granadilla de Abona. It consists of: two penthouses with terrace-solarium, one of them with private terrace and solarium, plus two floors with three flats in each.

Three of them are 2 bedrooms and five of them are 1 bedroom. They are totally refurbished, furnished and in exploitation. Quiet area with nearby services such as pharmacy, health centre, bus stops, supermarkets, etc.... For more information do not hesitate to contact us. Proyectos Insulares manages holiday rentals if you are interested.[IW]
Fantastic investment in the South of Tenerife. Building of 8 flats of which 7 have a holiday licence, with a 9,5 rating in booking, most of them with sea views, in the historical and emblematic village of Granadilla de Abona. It consists of: two penthouses with terrace-solarium, one of them with private terrace and solarium, plus two floors with three flats in each.

Three of them are 2 bedrooms and five of them are 1 bedroom. They are totally refurbished, furnished and in exploitation. Quiet area with nearby services such as pharmacy, health centre, bus stops, supermarkets, etc.... For more information do not hesitate to contact us. Proyectos Insulares manages holiday rentals if you are interested.[IW]
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Property on Map

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Currency Exchange

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 €765,000 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
€765,000 £650,778 £670,553 £19,775
Property Price € €765,000
Minimum cost in the last six months £650,778
Maximum cost in the last six months £670,553
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,775

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 €765,000 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
€765,000 £650,778 £670,553 £19,775
Property Price € €765,000
Minimum cost in the last six months £650,778
Maximum cost in the last six months £670,553
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,775

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 £19,775 more.

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