Situated in the coveted B Zone of Sotogrande Costa, this exceptional 1

Sotogrande, Cadiz, Spain

For Sale

€230,000

REF: 900431 €230,000


1281 m2

Description

Situated in the coveted B Zone of Sotogrande Costa, this exceptional 1.281 square meter plot boasts a prime location close to various amenities and within walking distance to the bustling commercial hub of Galerias Paniagua, offering an array of restaurants, shops, and businesses. The renowned Sotogrande International School and La Reserva Golf Course and Beach/Country Club are just a brief drive away.

Noteworthy features include direct access to essential services water, electricity, telephone, and mains drainage all reaching the plot's boundary. The plot's incline provides sweeping views of the surrounding landscape, with the potential for sea views from elevated points. Natural surroundings at the base add to the property's allure.

Prospective construction on the site must adhere to Sotogrande's construction guidelines, specifying boundary distances to the street, adjacent plot, and private road. Boundary distance to street: 6m2, Boundary distance to the adjacent plot: 3m2, Boundary distance to the private road: 3m2, Building allowance: 25% /33%. Additionally, a 21% IVA tax is applicable where appropriate, contributing to the comprehensive details of this enticing property.
Situated in the coveted B Zone of Sotogrande Costa, this exceptional 1.281 square meter plot boasts a prime location close to various amenities and within walking distance to the bustling commercial hub of Galerias Paniagua, offering an array of restaurants, shops, and businesses. The renowned Sotogrande International School and La Reserva Golf Course and Beach/Country Club are just a brief drive away.

Noteworthy features include direct access to essential services water, electricity, telephone, and mains drainage all reaching the plot's boundary. The plot's incline provides sweeping views of the surrounding landscape, with the potential for sea views from elevated points. Natural surroundings at the base add to the property's allure.

Prospective construction on the site must adhere to Sotogrande's construction guidelines, specifying boundary distances to the street, adjacent plot, and private road. Boundary distance to street: 6m2, Boundary distance to the adjacent plot: 3m2, Boundary distance to the private road: 3m2, Building allowance: 25% /33%. Additionally, a 21% IVA tax is applicable where appropriate, contributing to the comprehensive details of this enticing property.
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Property on Map

#240-02526P

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 €230,000 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
€230,000 £190,511 £197,674 £7,162
Property Price € €230,000
Minimum cost in the last six months £190,511
Maximum cost in the last six months £197,674
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,162

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 €230,000 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
€230,000 £190,511 £197,674 £7,162
Property Price € €230,000
Minimum cost in the last six months £190,511
Maximum cost in the last six months £197,674
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,162

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 £7,162 more.

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