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Plot of 1,204 m in the best part of Can Pei, a quiet residential area just a 20-minute walk from the beach and the centre of Sitges
Sitges, Barcelona, Spain, 08870
REF: 296300
€700,000
Description
Plot of 1,204 m in the best part of Can Pei, a quiet residential area just a 20-minute walk from the beach and the centre of Sitges. With its sunny aspect, this is the ideal plot on which to build the home of your dreams, next to Terramar and the beach, with the opportunity to acquire the plot at 30% below the appraised value. Furthermore, there is the option to purchase an architectural project for the construction of an exceptional luxury home. It is possible to build a house with a floor area ratio of 0.35 m / m which would allow for a maximum built area of 421m distributed across a ground floor, first floor and a second floor which would be 50% the size of the first floor. A great opportunity for families who want to build their own ideal home or for investors, in an growing area near the beach. Contact us for further information.
Plot of 1,204 m in the best part of Can Pei, a quiet residential area just a 20-minute walk from the beach and the centre of Sitges. With its sunny aspect, this is the ideal plot on which to build the home of your dreams, next to Terramar and the beach, with the opportunity to acquire the plot at 30% below the appraised value. Furthermore, there is the option to purchase an architectural project for the construction of an exceptional luxury home. It is possible to build a house with a floor area ratio of 0.35 m / m which would allow for a maximum built area of 421m distributed across a ground floor, first floor and a second floor which would be 50% the size of the first floor. A great opportunity for families who want to build their own ideal home or for investors, in an growing area near the beach. Contact us for further information.
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Property on Map
Currency Exchange
Sitges, Barcelona, Spain, 08870
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £579,817 | £601,615 | £21,798 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £579,817 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,798 |
Sitges, Barcelona, Spain, 08870
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £579,817 | £601,615 | £21,798 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £579,817 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,798 |
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 £21,798 more.
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