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Luxury frontline golf 3-bedroom penthouse with beautiful sea views at La Alcaidesa
San Roque, Cadiz, Spain, 11360
REF: 622274
€1,125,000
Description
It is rare to find a brand new key ready penthouse that has the trifecta of views. What is that? The sea, golf and Gibraltar/Africa. This penthouse has been redistributed internally and is not the standard penthouse from the developer. It is also a corner penthouse with only 1 neighbour to the side, and 1 below. With 3 bedrooms and 2 bathrooms, being 153m2 built with 33m2 of covered terrace and 50m2 of uncovered terrace there is plenty of space to enjoy the outdoor living that Southern Spain is famous for. What is more, the property comes with a jacuzzi to admire those spectacular views. As an investment, this is the perfect Airbnb rental property. There are no issues to get the Andalusian tourist license and with 4 markets to attract, you will see very strong utilization at premium rates that a penthouse of this nature commands. You have golfers, northern European holiday makers, Gibraltarians, and the regular Spanish market from Seville and Madrid. The development is a luxury development right on the new Hacienda Links Golf course, one of the few links golf courses in Spain. You can t find a position like this so close to the sea and golf in Andalusia that is modern. There is a path under the golf course to get to the beach approximately 200m away as the crow flies. In the development there is a 50m long pool, a fully equipped gym, a spa/wellness area, as well as a co-working area. Such properties are rare as owners rarely put them on the market. This one is a great deal as you pay less in taxes (transfer tax as opposed to IVA) for effectively a brand-new property. Furniture can be negotiated. We sold the neighbouring apartment a fraction under asking price quickly as they simply offer so much, including 2 large parking spaces, a buggy space, and a good-sized storage room. Come get some Vitamin Sea! NOTE: Viewings possible after the 16th August
It is rare to find a brand new key ready penthouse that has the trifecta of views. What is that? The sea, golf and Gibraltar/Africa. This penthouse has been redistributed internally and is not the standard penthouse from the developer. It is also a corner penthouse with only 1 neighbour to the side, and 1 below. With 3 bedrooms and 2 bathrooms, being 153m2 built with 33m2 of covered terrace and 50m2 of uncovered terrace there is plenty of space to enjoy the outdoor living that Southern Spain is famous for. What is more, the property comes with a jacuzzi to admire those spectacular views. As an investment, this is the perfect Airbnb rental property. There are no issues to get the Andalusian tourist license and with 4 markets to attract, you will see very strong utilization at premium rates that a penthouse of this nature commands. You have golfers, northern European holiday makers, Gibraltarians, and the regular Spanish market from Seville and Madrid. The development is a luxury development right on the new Hacienda Links Golf course, one of the few links golf courses in Spain. You can t find a position like this so close to the sea and golf in Andalusia that is modern. There is a path under the golf course to get to the beach approximately 200m away as the crow flies. In the development there is a 50m long pool, a fully equipped gym, a spa/wellness area, as well as a co-working area. Such properties are rare as owners rarely put them on the market. This one is a great deal as you pay less in taxes (transfer tax as opposed to IVA) for effectively a brand-new property. Furniture can be negotiated. We sold the neighbouring apartment a fraction under asking price quickly as they simply offer so much, including 2 large parking spaces, a buggy space, and a good-sized storage room. Come get some Vitamin Sea! NOTE: Viewings possible after the 16th August
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Currency Exchange
San Roque, Cadiz, Spain, 11360
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 €1,125,000 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 |
|---|---|---|---|
| €1,125,000 | £957,026 | £986,108 | £29,081 |
| Property Price € | €1,125,000 |
| Minimum cost in the last six months | £957,026 |
| Maximum cost in the last six months | £986,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,081 |
San Roque, Cadiz, Spain, 11360
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 €1,125,000 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 |
|---|---|---|---|
| €1,125,000 | £957,026 | £986,108 | £29,081 |
| Property Price € | €1,125,000 |
| Minimum cost in the last six months | £957,026 |
| Maximum cost in the last six months | £986,108 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,081 |
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 £29,081 more.
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