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This land is situated in the lower part of la Reserva close to the international school
Sotogrande, Cadiz, Spain
REF: 921048
€725,000
Description
This land is situated in the lower part of la Reserva close to the international school .and has a south westerly orientation.
Important plot information for land Ref: 240-02109P
-Classification: Plot is in the Sotogrande La Reserva which is zoned for Residential use only and has a land size of 3376m .
- With approximate build size : 1000m2
-The plot is prices at 203 per meter squared
- Boundary regulations: distance to the street: 6m
- Boundary regulations: distance to the neighbours: 3m
- Boundary regulations Golf: distance to golf course: 15m
- Build-able areas for garages/parking are not included in these calculations
- The Sotogrande building allowance: varies from 25% /33%- depending on the design and land use
- Maximum height: 2 floors or 6.50m. A third floor is permitted if it has 30% or less floor space than the 2nd floor and with a maximum height of 9.50m
- Taxes: 21% iva is applicable
Building permits are issued via the town Councils (Ayuntamientos). The types of permits and the requirements to obtain them vary depending on the extent of the project but for construction a Permits for major construction (obras mayores) for new construction would be required.
This land is situated in the lower part of la Reserva close to the international school .and has a south westerly orientation.
Important plot information for land Ref: 240-02109P
-Classification: Plot is in the Sotogrande La Reserva which is zoned for Residential use only and has a land size of 3376m .
- With approximate build size : 1000m2
-The plot is prices at 203 per meter squared
- Boundary regulations: distance to the street: 6m
- Boundary regulations: distance to the neighbours: 3m
- Boundary regulations Golf: distance to golf course: 15m
- Build-able areas for garages/parking are not included in these calculations
- The Sotogrande building allowance: varies from 25% /33%- depending on the design and land use
- Maximum height: 2 floors or 6.50m. A third floor is permitted if it has 30% or less floor space than the 2nd floor and with a maximum height of 9.50m
- Taxes: 21% iva is applicable
Building permits are issued via the town Councils (Ayuntamientos). The types of permits and the requirements to obtain them vary depending on the extent of the project but for construction a Permits for major construction (obras mayores) for new construction would be required.
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Property on Map
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 €725,000 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 |
|---|---|---|---|
| €725,000 | £597,328 | £623,101 | £25,774 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £597,328 |
| Maximum cost in the last six months | £623,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,774 |
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 €725,000 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 |
|---|---|---|---|
| €725,000 | £597,328 | £623,101 | £25,774 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £597,328 |
| Maximum cost in the last six months | £623,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,774 |
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 £25,774 more.
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