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Plot with house in La Laguna (area Paseo La Manzanilla)
Santa Cruz de Tenerife, Spain
REF: 737080
€600,000
Description
Interesting urban plot at 100 m. from Paseo de La Manzanilla, the best residential area of La Laguna. Access from Las Eras street. 1.227 m2 of plot surface and 270 m2 of exclusive use easement with exit to Paseo Oramas.
There is a main building dating from 1967, poorly preserved and not considered in the price.
The garden has two storerooms, a well with pump connected to the irrigation system. In the exclusive use easement there is a tool room. The back garden is under cultivation.
The garden is well maintained with lawn, ornamental plants, fruit trees and some large trees (10-20 m high) strategically located in the setback areas, so they do not affect the future construction of the plot.
The current general plan foresees single-family dwellings (up to 2 floors above ground level) as a typical use, and compatible uses include industrial, commercial, office, socio-cultural, educational, health and care facilities.[IW]
Interesting urban plot at 100 m. from Paseo de La Manzanilla, the best residential area of La Laguna. Access from Las Eras street. 1.227 m2 of plot surface and 270 m2 of exclusive use easement with exit to Paseo Oramas.
There is a main building dating from 1967, poorly preserved and not considered in the price.
The garden has two storerooms, a well with pump connected to the irrigation system. In the exclusive use easement there is a tool room. The back garden is under cultivation.
The garden is well maintained with lawn, ornamental plants, fruit trees and some large trees (10-20 m high) strategically located in the setback areas, so they do not affect the future construction of the plot.
The current general plan foresees single-family dwellings (up to 2 floors above ground level) as a typical use, and compatible uses include industrial, commercial, office, socio-cultural, educational, health and care facilities.[IW]
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Property on Map
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
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 £15,510 more.
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