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Urban plot of 650 m in the exclusive Invespania Urbanization, with a buildability of 195 m for a two-story home, plus a 190 m garage, totaling approximately 385 m of built space
San Roque, Cadiz, Spain
REF: 788511
€265,000
Description
Urban plot of 650 m in the exclusive Invespania Urbanization, with a buildability of 195 m for a two-story home, plus a 190 m garage, totaling approximately 385 m of built space. Located next to Punta Chullera and Sotogrande, south-facing, with spectacular views of the sea, the Strait of Gibraltar, and Africa. Just a 10-minute walk from the beach and 5 minutes by car from shopping centers and leisure areas. Includes two approved projects valued at 24,000 and 29,000, which are included in the sale price at no additional cost. Surrounded by newly built single-family homes and others under construction, contributing to the growth and appreciation of the area. Currently, there is an administrative discrepancy regarding the potable water supply, temporarily delaying the granting of the building permit, but it is in the process of being resolved. At the same time, a plan is underway to improve infrastructure, access, and services, further increasing the urbanization s appeal for residents and investors. IDEAL for investment or building the home of your dreams in an exclusive and privileged setting.
Urban plot of 650 m in the exclusive Invespania Urbanization, with a buildability of 195 m for a two-story home, plus a 190 m garage, totaling approximately 385 m of built space. Located next to Punta Chullera and Sotogrande, south-facing, with spectacular views of the sea, the Strait of Gibraltar, and Africa. Just a 10-minute walk from the beach and 5 minutes by car from shopping centers and leisure areas. Includes two approved projects valued at 24,000 and 29,000, which are included in the sale price at no additional cost. Surrounded by newly built single-family homes and others under construction, contributing to the growth and appreciation of the area. Currently, there is an administrative discrepancy regarding the potable water supply, temporarily delaying the granting of the building permit, but it is in the process of being resolved. At the same time, a plan is underway to improve infrastructure, access, and services, further increasing the urbanization s appeal for residents and investors. IDEAL for investment or building the home of your dreams in an exclusive and privileged setting.
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Currency Exchange
San Roque, Cadiz, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
San Roque, Cadiz, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
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 £5,880 more.
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