Large apartment in Playa de Alcala

Santa Cruz de Tenerife, Spain

For Sale

€279,000

REF: 739233 €279,000


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Description

122m2 apartment in Alcalá. 5 minutes from the beach walking. The apartment has 4 bedrooms, difficult to find in the area, and 2 bathrooms. The rooms have fitted wardrobes, except 1 of them. The living room is very spacious and bright, with access to a 5m2 balcony. The kitchen is very large, with a pantry, and an area for a washing machine. It also has a storage room.

It is unfurnished, and in the absence of some small reforms. It is a bldg. With only 6 neighbors, and vacation rental is allowed. A 1st floor without elevator. Its location is unbeatable. A 2-minute walk from the town center, with all the services at your fingertips: Supermarkets, restaurants, shops, bars, banks, pharmacy, etc. and very close to the beach.[IW]
122m2 apartment in Alcalá. 5 minutes from the beach walking. The apartment has 4 bedrooms, difficult to find in the area, and 2 bathrooms. The rooms have fitted wardrobes, except 1 of them. The living room is very spacious and bright, with access to a 5m2 balcony. The kitchen is very large, with a pantry, and an area for a washing machine. It also has a storage room.

It is unfurnished, and in the absence of some small reforms. It is a bldg. With only 6 neighbors, and vacation rental is allowed. A 1st floor without elevator. Its location is unbeatable. A 2-minute walk from the town center, with all the services at your fingertips: Supermarkets, restaurants, shops, bars, banks, pharmacy, etc. and very close to the beach.[IW]
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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 €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

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 €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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