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Imagine a charming studio apartment located right on the oceanfront
Mogan, Gran Canaria, Spain, 35140
REF: 962838
€199,000
Description
Imagine a charming studio apartment located right on the oceanfront. You could walk out of the building and step right onto the sand! This type of apartment is located in a well-known and well-maintained complex, with the great advantage of having an elevator that takes you directly to the beach. Being on the sixth floor, you're likely to enjoy beautiful views of the ocean. Even though it's a studio, they're usually well-designed to maximize space and offer a good level of comfort. You can hear the sound of the ocean from anywhere in the apartment. The open-plan layout includes a sleeping area with two single beds, a living room with several sofa beds, a fully equipped kitchen, a covered terrace with enchanting sunset views, and a full bathroom with a washing machine. Monthly community fee of 60 euros. It's great whether you want to live near the ocean and enjoy it every day, or if you're looking for a good investment opportunity and rent it to tourists seeking that prime location. Having the ocean right in front of you is always a great attraction! *Property Viewings*: All those interested in viewing the property must present a valid ID, such as a DNI, NIE (National Identity Document), or passport, prior to the viewing. They will also be required to sign a viewing sheet upon entering the property. Additional information: - Use of the property is always subject to current legislation. - The sale price does not include taxes or purchase expenses, such as the Property Transfer Tax (6.5% or 1% for first-time transfers, plus the corresponding IGIC (Investment Tax) in the latter case), Property Registry, notary, and agency fees. - Property information is subject to possible errors and involuntary changes.
Imagine a charming studio apartment located right on the oceanfront. You could walk out of the building and step right onto the sand! This type of apartment is located in a well-known and well-maintained complex, with the great advantage of having an elevator that takes you directly to the beach. Being on the sixth floor, you're likely to enjoy beautiful views of the ocean. Even though it's a studio, they're usually well-designed to maximize space and offer a good level of comfort. You can hear the sound of the ocean from anywhere in the apartment. The open-plan layout includes a sleeping area with two single beds, a living room with several sofa beds, a fully equipped kitchen, a covered terrace with enchanting sunset views, and a full bathroom with a washing machine. Monthly community fee of 60 euros. It's great whether you want to live near the ocean and enjoy it every day, or if you're looking for a good investment opportunity and rent it to tourists seeking that prime location. Having the ocean right in front of you is always a great attraction! *Property Viewings*: All those interested in viewing the property must present a valid ID, such as a DNI, NIE (National Identity Document), or passport, prior to the viewing. They will also be required to sign a viewing sheet upon entering the property. Additional information: - Use of the property is always subject to current legislation. - The sale price does not include taxes or purchase expenses, such as the Property Transfer Tax (6.5% or 1% for first-time transfers, plus the corresponding IGIC (Investment Tax) in the latter case), Property Registry, notary, and agency fees. - Property information is subject to possible errors and involuntary changes.
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Currency Exchange
Mogan, Gran Canaria, Spain, 35140
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 €199,000 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 |
|---|---|---|---|
| €199,000 | £163,956 | £172,750 | £8,794 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £163,956 |
| Maximum cost in the last six months | £172,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,794 |
Mogan, Gran Canaria, Spain, 35140
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 €199,000 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 |
|---|---|---|---|
| €199,000 | £163,956 | £172,750 | £8,794 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £163,956 |
| Maximum cost in the last six months | £172,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,794 |
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 £8,794 more.
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