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Prime 1,519 SQM Plot in Sotogrande Costa B Zone with Architectural Design and Sea Views
San Roque, Cadiz, Spain, 11360
REF: 748570
€294,000
Description
This fantastic plot of 1,519 SQM is located in the sought-after area of the B Zone in Sotogrande Costa. Close to all amenities and walking distance to the commercial area of Galerias Panigua with restaurants, shops, and a variety of businesses. A very short drive to the famous Sotogrande International School and La Reserva Golf Course and Beach/Country Club. Access to all services, water, electricity, telephone, and mains drainage directly to the boundary of the plot. Inclined plot providing views into the distance and even sea views from the top and a natural surrounding from the bottom. Topographic study and architecture design for a 450 m2 house, with three floors, four bedrooms, an indoor heated pool and a gym is included. Once the architect finalizes this; there will be a pre project or anteproyecto in Spanish and based on that a geotechnical study. All this will be used to apply for the building license. Once approved by the urban planning, the next stage is the project or basic project in Spanish. Once that is approved, the building license or permiso de obra in Spanish is granted and the architect goes on to produce the final document called a construction project or project of execution in Spanish and finally the construction begins with the dirección de work phase. These 5 stages are in process and as each stage is fulfilled, the price will reflect changes. There is also the option to buy turnkey. At this moment many customizations can still be implemented; you can still choose your own architect, or we can introduce or make some recommendations.
This fantastic plot of 1,519 SQM is located in the sought-after area of the B Zone in Sotogrande Costa. Close to all amenities and walking distance to the commercial area of Galerias Panigua with restaurants, shops, and a variety of businesses. A very short drive to the famous Sotogrande International School and La Reserva Golf Course and Beach/Country Club. Access to all services, water, electricity, telephone, and mains drainage directly to the boundary of the plot. Inclined plot providing views into the distance and even sea views from the top and a natural surrounding from the bottom. Topographic study and architecture design for a 450 m2 house, with three floors, four bedrooms, an indoor heated pool and a gym is included. Once the architect finalizes this; there will be a pre project or anteproyecto in Spanish and based on that a geotechnical study. All this will be used to apply for the building license. Once approved by the urban planning, the next stage is the project or basic project in Spanish. Once that is approved, the building license or permiso de obra in Spanish is granted and the architect goes on to produce the final document called a construction project or project of execution in Spanish and finally the construction begins with the dirección de work phase. These 5 stages are in process and as each stage is fulfilled, the price will reflect changes. There is also the option to buy turnkey. At this moment many customizations can still be implemented; you can still choose your own architect, or we can introduce or make some recommendations.
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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 €294,000 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 |
|---|---|---|---|
| €294,000 | £250,103 | £257,376 | £7,274 |
| Property Price € | €294,000 |
| Minimum cost in the last six months | £250,103 |
| Maximum cost in the last six months | £257,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,274 |
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 €294,000 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 |
|---|---|---|---|
| €294,000 | £250,103 | £257,376 | £7,274 |
| Property Price € | €294,000 |
| Minimum cost in the last six months | £250,103 |
| Maximum cost in the last six months | £257,376 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,274 |
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 £7,274 more.
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