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Perfect for Renovation, Priced at Land Value: This Property is Situated on the Outskirts of Sotogrande's Well-Known 'Kings and Queens' AreaThis property, with 3 bedrooms in the main house and a separate guest apartment overlooking the swimming pool, presents an excellent opportunity for renovation
Sotogrande, Cadiz, Spain
REF: 817977
€1,600,000
Description
Perfect for Renovation, Priced at Land Value: This Property is Situated on the Outskirts of Sotogrande's Well-Known 'Kings and Queens' Area
This property, with 3 bedrooms in the main house and a separate guest apartment overlooking the swimming pool, presents an excellent opportunity for renovation and is attractively priced at land value. It is conveniently located near the Santa Maria polo fields and accessed via a private internal driveway leading to this charming villa.
Nestled within a mature garden, the main house features a spacious living room with garden views. There is also a glass-enclosed dining room that overlooks the swimming pool, creating the perfect space for entertaining. The property boasts a fully equipped kitchen. The accommodation comprises 3 bedrooms, with two of them benefiting from air conditioning. The master bedroom is en-suite, while the other two bedrooms share a family bathroom en-suite.
Adjacent to the swimming pool is the guest cottage, which is entirely self-contained and includes a living room, kitchen area, and a bedroom with an en-suite bathroom.
The property is set on a flat 2,400m2 garden with a generously sized salt-water swimming pool, making it an ideal canvas for a renovation project.
Perfect for Renovation, Priced at Land Value: This Property is Situated on the Outskirts of Sotogrande's Well-Known 'Kings and Queens' Area
This property, with 3 bedrooms in the main house and a separate guest apartment overlooking the swimming pool, presents an excellent opportunity for renovation and is attractively priced at land value. It is conveniently located near the Santa Maria polo fields and accessed via a private internal driveway leading to this charming villa.
Nestled within a mature garden, the main house features a spacious living room with garden views. There is also a glass-enclosed dining room that overlooks the swimming pool, creating the perfect space for entertaining. The property boasts a fully equipped kitchen. The accommodation comprises 3 bedrooms, with two of them benefiting from air conditioning. The master bedroom is en-suite, while the other two bedrooms share a family bathroom en-suite.
Adjacent to the swimming pool is the guest cottage, which is entirely self-contained and includes a living room, kitchen area, and a bedroom with an en-suite bathroom.
The property is set on a flat 2,400m2 garden with a generously sized salt-water swimming pool, making it an ideal canvas for a renovation project.
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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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,361,104 | £1,393,344 | £32,240 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,361,104 |
| Maximum cost in the last six months | £1,393,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,240 |
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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,361,104 | £1,393,344 | £32,240 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,361,104 |
| Maximum cost in the last six months | £1,393,344 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,240 |
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 £32,240 more.
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