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Apartment
Playa de Las Americas, Tenerife, Spain
REF: 957243
€359,500
Description
Morfitt Properties Tenerife is pleased to offer for sale this spacious studio apartment in the popular complex of Parque Santiago 3. The property is located on the ground floor at the entrance level but is one level up on the terrace side. The apartment features an entrance hall with a shower room, a galley-style kitchen leading into the open-plan living area with a designated sleeping area and lounge, which in turn provides access to a large, sunny terrace overlooking the communal gardens and children's park. The apartment is sold as seen and would make a great holiday home. It also offers level access from the main road and to the seafront. Parque Santiago 3 boasts two communal swimming pools (one heated), a children's water park, beautifully maintained gardens, and numerous on-site facilities, with direct access to the seafront. A must-see property!
Morfitt Properties Tenerife is pleased to offer for sale this spacious studio apartment in the popular complex of Parque Santiago 3. The property is located on the ground floor at the entrance level but is one level up on the terrace side. The apartment features an entrance hall with a shower room, a galley-style kitchen leading into the open-plan living area with a designated sleeping area and lounge, which in turn provides access to a large, sunny terrace overlooking the communal gardens and children's park. The apartment is sold as seen and would make a great holiday home. It also offers level access from the main road and to the seafront. Parque Santiago 3 boasts two communal swimming pools (one heated), a children's water park, beautifully maintained gardens, and numerous on-site facilities, with direct access to the seafront. A must-see property!
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Currency Exchange
Playa de Las Americas, 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 €359,500 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 |
|---|---|---|---|
| €359,500 | £296,192 | £312,078 | £15,886 |
| Property Price € | €359,500 |
| Minimum cost in the last six months | £296,192 |
| Maximum cost in the last six months | £312,078 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,886 |
Playa de Las Americas, 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 €359,500 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 |
|---|---|---|---|
| €359,500 | £296,192 | £312,078 | £15,886 |
| Property Price € | €359,500 |
| Minimum cost in the last six months | £296,192 |
| Maximum cost in the last six months | £312,078 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,886 |
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 £15,886 more.
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