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Renovated interior studio for sale, located at Pérez Muñoz Street, in the popular La Isleta neighborhood of Las Palmas de Gran Canaria
Las Palmas De Gran Canaria, Gran Canaria, Spain, 35000
REF: 995298
€155,000
Description
Renovated interior studio for sale, located at Pérez Muñoz Street, in the popular La Isleta neighborhood of Las Palmas de Gran Canaria. This property is an excellent opportunity for both living and investment, as it is ready to move into and is located in an area with high rental demand. The studio has been recently renovated, with a functional and modern design that maximizes the space. It has a fully equipped kitchen, a full bathroom with a shower, and a layout designed to offer comfort in everyday life. Although it is interior, it is ideal for those looking to be in the heart of the city. Its location is one of its main attractions: just a few minutes' walk from Las Canteras beach, close to supermarkets, the bus station, shops, restaurants, and all necessary services. It is well connected and surrounded by all the resources to enjoy a comfortable life without the need for a car. A perfect option as a first home, as a personal apartment in the city, or as a profitable investment in one of the most promising areas of Las Palmas. *Property Viewing*: All interested parties must present a valid ID, such as a DNI (National Identity Document), NIE (Foreigner Identification Number), or passport, prior to the viewing. They must also sign a viewing form upon entering the property. Additional information: - Use of the property is subject to applicable law. - The sale price does not include taxes or additional purchase and sale fees, such as the Property Transfer Tax (6.5% or 1% for the first transfer, plus the corresponding IGIC (Investment Tax) in the latter case), property registration fees, notary fees, and brokerage fees. - Property information may contain errors and inadvertent changes.
Renovated interior studio for sale, located at Pérez Muñoz Street, in the popular La Isleta neighborhood of Las Palmas de Gran Canaria. This property is an excellent opportunity for both living and investment, as it is ready to move into and is located in an area with high rental demand. The studio has been recently renovated, with a functional and modern design that maximizes the space. It has a fully equipped kitchen, a full bathroom with a shower, and a layout designed to offer comfort in everyday life. Although it is interior, it is ideal for those looking to be in the heart of the city. Its location is one of its main attractions: just a few minutes' walk from Las Canteras beach, close to supermarkets, the bus station, shops, restaurants, and all necessary services. It is well connected and surrounded by all the resources to enjoy a comfortable life without the need for a car. A perfect option as a first home, as a personal apartment in the city, or as a profitable investment in one of the most promising areas of Las Palmas. *Property Viewing*: All interested parties must present a valid ID, such as a DNI (National Identity Document), NIE (Foreigner Identification Number), or passport, prior to the viewing. They must also sign a viewing form upon entering the property. Additional information: - Use of the property is subject to applicable law. - The sale price does not include taxes or additional purchase and sale fees, such as the Property Transfer Tax (6.5% or 1% for the first transfer, plus the corresponding IGIC (Investment Tax) in the latter case), property registration fees, notary fees, and brokerage fees. - Property information may contain errors and inadvertent changes.
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Currency Exchange
Las Palmas De Gran Canaria, Gran Canaria, Spain, 35000
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 €155,000 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 |
|---|---|---|---|
| €155,000 | £127,945 | £134,693 | £6,749 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £127,945 |
| Maximum cost in the last six months | £134,693 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,749 |
Las Palmas De Gran Canaria, Gran Canaria, Spain, 35000
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 €155,000 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 |
|---|---|---|---|
| €155,000 | £127,945 | £134,693 | £6,749 |
| Property Price € | €155,000 |
| Minimum cost in the last six months | £127,945 |
| Maximum cost in the last six months | £134,693 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,749 |
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 £6,749 more.
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