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New development, third sales phase, in Abades, Santa Cruz de Tenerife
Abades, Tenerife, Spain
REF: 986079
€238,000
Description
New development, third sales phase, in Abades, Santa Cruz de Tenerife. Residential Ancor III, a promotion of 50 apartments with 1, 2, and 3 bedrooms starting from 55.8 square meters, featuring exceptional details that create peace and serenity. Excellent finishes and an unbeatable location on the coast of Tenerife make these homes a unique opportunity for investment or living. Its modern architecture includes a swimming pool, solarium, gym, and communal gardens. Designed for warm and comfortable living, it offers top energy efficiency and high thermal and acoustic insulation. Kitchens come fully furnished, including a ceramic hob, electric oven, and extractor hood. Construction will begin in mid-2026 and is expected to take approximately two years. This development is located in a fantastic area of the Tenerife coastline, in the municipality of Arico, specifically in the coastal town of Abades a paradisiacal place featured in international film productions. It has access to magnificent sandy beaches and is protected by Punta de Abona, shielding it from strong waves. Only 20 minutes from Tenerife South Airport and just 25 minutes from the tourist areas of Los Cristianos and Las Américas. Sales Phase Ongoing It s your life choose where to live it! VYM Canarias, with 15 years in the market and 5 offices in Tenerife and Costa Blanca, offers a wide range of properties for sale and rent. More information on our website: . Available services: after-sales support, property management, rentals, insurance assistance, alarms, legal support, and more.
New development, third sales phase, in Abades, Santa Cruz de Tenerife. Residential Ancor III, a promotion of 50 apartments with 1, 2, and 3 bedrooms starting from 55.8 square meters, featuring exceptional details that create peace and serenity. Excellent finishes and an unbeatable location on the coast of Tenerife make these homes a unique opportunity for investment or living. Its modern architecture includes a swimming pool, solarium, gym, and communal gardens. Designed for warm and comfortable living, it offers top energy efficiency and high thermal and acoustic insulation. Kitchens come fully furnished, including a ceramic hob, electric oven, and extractor hood. Construction will begin in mid-2026 and is expected to take approximately two years. This development is located in a fantastic area of the Tenerife coastline, in the municipality of Arico, specifically in the coastal town of Abades a paradisiacal place featured in international film productions. It has access to magnificent sandy beaches and is protected by Punta de Abona, shielding it from strong waves. Only 20 minutes from Tenerife South Airport and just 25 minutes from the tourist areas of Los Cristianos and Las Américas. Sales Phase Ongoing It s your life choose where to live it! VYM Canarias, with 15 years in the market and 5 offices in Tenerife and Costa Blanca, offers a wide range of properties for sale and rent. More information on our website: . Available services: after-sales support, property management, rentals, insurance assistance, alarms, legal support, and more.
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Currency Exchange
Abades, 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 €238,000 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 |
|---|---|---|---|
| €238,000 | £196,436 | £206,605 | £10,170 |
| Property Price € | €238,000 |
| Minimum cost in the last six months | £196,436 |
| Maximum cost in the last six months | £206,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,170 |
Abades, 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 €238,000 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 |
|---|---|---|---|
| €238,000 | £196,436 | £206,605 | £10,170 |
| Property Price € | €238,000 |
| Minimum cost in the last six months | £196,436 |
| Maximum cost in the last six months | £206,605 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,170 |
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 £10,170 more.
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