Looking for the perfect location to build your dream home to life? Look no further than this stunning residential plot in Sotogrande's prestigious La Reserva area

Sotogrande, Cadiz, Spain

For Sale

€890,000

REF: 900423 €890,000


2895 m2

Description

Looking for the perfect location to build your dream home to life? Look no further than this stunning residential plot in Sotogrande's prestigious La Reserva area. With an expansive terrain of 2895 m2 and a buildable allowance of 724 m2, this plot offers ample space to create the custom home you've always envisioned. Nestled in a serene and highly sought-after area, this plot provides the ideal foundation to build your dream home.

The spacious land ensures privacy and room to breathe, while the buildable allowance offers endless possibilities for customization. Moreover, with its prime location in the heart of La Reserva, this plot is perfectly positioned to take advantage of all the area has to offer, from top-rated schools to world-class dining and entertainment. - Classification: Plot for residential use - Building allowance: approx 850 m2 - Minimum dwelling floor area (usable area): 150 square metres. - Maximum site coverage: 33 % - Maximum Height: 2 storeys = 6,50 metres. A third storey is permitted, provided this does not exceed 30 % coverage of the second storey provided the total height/elevation of the dwelling does not exceed 9,50 metres. - Distance from road frontage shown on Draft Development Plan: 6 metres or more. - Distance from private boundaries: 3 metres or more. - Distance to golf course: 15 metres or more. - Maximum permitted building density: 0,25 m2/m2. - Ancillary areas built to provide vehicle parking: not included
Looking for the perfect location to build your dream home to life? Look no further than this stunning residential plot in Sotogrande's prestigious La Reserva area. With an expansive terrain of 2895 m2 and a buildable allowance of 724 m2, this plot offers ample space to create the custom home you've always envisioned. Nestled in a serene and highly sought-after area, this plot provides the ideal foundation to build your dream home.

The spacious land ensures privacy and room to breathe, while the buildable allowance offers endless possibilities for customization. Moreover, with its prime location in the heart of La Reserva, this plot is perfectly positioned to take advantage of all the area has to offer, from top-rated schools to world-class dining and entertainment. - Classification: Plot for residential use - Building allowance: approx 850 m2 - Minimum dwelling floor area (usable area): 150 square metres. - Maximum site coverage: 33 % - Maximum Height: 2 storeys = 6,50 metres. A third storey is permitted, provided this does not exceed 30 % coverage of the second storey provided the total height/elevation of the dwelling does not exceed 9,50 metres. - Distance from road frontage shown on Draft Development Plan: 6 metres or more. - Distance from private boundaries: 3 metres or more. - Distance to golf course: 15 metres or more. - Maximum permitted building density: 0,25 m2/m2. - Ancillary areas built to provide vehicle parking: not included
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Property on Map

#240-02255P

Currency Exchange

Sotogrande, 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 €890,000 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
€890,000 £737,196 £764,911 £27,715
Property Price € €890,000
Minimum cost in the last six months £737,196
Maximum cost in the last six months £764,911
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,715

Sotogrande, 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 €890,000 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
€890,000 £737,196 £764,911 £27,715
Property Price € €890,000
Minimum cost in the last six months £737,196
Maximum cost in the last six months £764,911
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,715

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 £27,715 more.

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