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The Property Gallery introduces a charming two-bedroom house in the sought-after, well-located complex Palo Blanco in San Eugenio Bajo, Costa Adeje
Adeje, Tenerife, Spain, 38670
REF: 787324
€475,000
Description
The Property Gallery introduces a charming two-bedroom house in the sought-after, well-located complex Palo Blanco in San Eugenio Bajo, Costa Adeje. This spacious property spans two floors, with the ground floor featuring an independent, fully equipped kitchen, a bathroom, a cosy living room, and a dining area that leads onto the front terrace, an ideal space for relaxing and sunbathing. Also on this level, to the rear of the property, is a second terrace of 9m2. Ascend the stairs to the upper floor, which comprises two generously sized bedrooms with built-in wardrobes, a well-appointed bathroom, and air conditioning. The house is very welcoming, has been renovated, and is furnished. Palo Blanco is a popular, well-positioned complex in the south of Tenerife that is gated and has a community swimming pool. The community fees are 78, and the IBI is 298 per year. Amenities such as a commercial centre, pharmacies, banks, Siam Park, and a variety of beautiful beaches like Playa del Fanabe, plus the well-known Puerto Colon marina, are all within walking distance of the property. Whether you are looking for a permanent residence, a holiday home, or an investment to use for holiday lets, this property caters to all your needs. 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 introduces a charming two-bedroom house in the sought-after, well-located complex Palo Blanco in San Eugenio Bajo, Costa Adeje. This spacious property spans two floors, with the ground floor featuring an independent, fully equipped kitchen, a bathroom, a cosy living room, and a dining area that leads onto the front terrace, an ideal space for relaxing and sunbathing. Also on this level, to the rear of the property, is a second terrace of 9m2. Ascend the stairs to the upper floor, which comprises two generously sized bedrooms with built-in wardrobes, a well-appointed bathroom, and air conditioning. The house is very welcoming, has been renovated, and is furnished. Palo Blanco is a popular, well-positioned complex in the south of Tenerife that is gated and has a community swimming pool. The community fees are 78, and the IBI is 298 per year. Amenities such as a commercial centre, pharmacies, banks, Siam Park, and a variety of beautiful beaches like Playa del Fanabe, plus the well-known Puerto Colon marina, are all within walking distance of the property. Whether you are looking for a permanent residence, a holiday home, or an investment to use for holiday lets, this property caters to all your needs. 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
Adeje, Tenerife, Spain, 38670
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 €475,000 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 |
|---|---|---|---|
| €475,000 | £404,078 | £416,357 | £12,279 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £404,078 |
| Maximum cost in the last six months | £416,357 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,279 |
Adeje, Tenerife, Spain, 38670
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 €475,000 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 |
|---|---|---|---|
| €475,000 | £404,078 | £416,357 | £12,279 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £404,078 |
| Maximum cost in the last six months | £416,357 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,279 |
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 £12,279 more.
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