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A magnificent and unique residential plot in Sitio de Calahonda
Calahonda, Málaga, Spain
REF: 725117
€1,790,000
Description
A magnificent and unique residential plot in Sitio de Calahonda. Measuring 3,816m2 in total and with a building coefficient of 0.35%, it has already been legally segregated into six individual plots of between 595m2 and 643m2. The land has unbeatable sea views all the way to Africa and is orientated to the South and West. This is a desirable location within a short walking distance to bars and restaurants including the popular Miel y Nata restaurant. Just 5 minutes drive to the nearest beach. This presents a unique opportunity for a small developer to complete a project with very high profitability. The present owner has already prepared a project for 6 contemporary villas with 4 or 5 bedrooms, approximately 395m2 of build including terraces and a host of spectacular features. The plot can be purchased with or without the existing project. The sale of individual plots will also be considered and construction could be undertaken on these plots if required. ** Price for complete plot (with existing project designs included) - 2,100,000 plus IVA ** Price per individual plot - from 450,000 plus IVA Create your dream property project with us! Contact us for more detailed information.
A magnificent and unique residential plot in Sitio de Calahonda. Measuring 3,816m2 in total and with a building coefficient of 0.35%, it has already been legally segregated into six individual plots of between 595m2 and 643m2. The land has unbeatable sea views all the way to Africa and is orientated to the South and West. This is a desirable location within a short walking distance to bars and restaurants including the popular Miel y Nata restaurant. Just 5 minutes drive to the nearest beach. This presents a unique opportunity for a small developer to complete a project with very high profitability. The present owner has already prepared a project for 6 contemporary villas with 4 or 5 bedrooms, approximately 395m2 of build including terraces and a host of spectacular features. The plot can be purchased with or without the existing project. The sale of individual plots will also be considered and construction could be undertaken on these plots if required. ** Price for complete plot (with existing project designs included) - 2,100,000 plus IVA ** Price per individual plot - from 450,000 plus IVA Create your dream property project with us! Contact us for more detailed information.
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Currency Exchange
Calahonda, Málaga, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,522,735 | £1,569,007 | £46,272 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,522,735 |
| Maximum cost in the last six months | £1,569,007 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,272 |
Calahonda, Málaga, 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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,522,735 | £1,569,007 | £46,272 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,522,735 |
| Maximum cost in the last six months | £1,569,007 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,272 |
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 £46,272 more.
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