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Sils, Spain
REF: 959288
€550,000
Description
Urban and Planning Data Land classification: developable Applicable urban planning regulations: POUM Maximum land occupation: 90% Permitted Uses: Residential, Commercial Physical Characteristics of the Plot Total surface area (m ). 4385 Shape and dimensions (width/depth). To be divided into 8 plots of 400m2. Topography: flat Ground condition: clean Accesses and adjoining streets: road access and all asphalted Infrastructure and Services Availability of urban services: water, electricity, sewage, gas, fibre optics. Connections to be installed. Location and Surroundings Exact address: Calle Josep Carreras Surroundings and neighbourhood: residential, close to historic centre Proximity to services: schools, public transport, hospitals, commerce, airports Demand for the area (potential for sale or subsequent rental): high demand for the purchase of primary residences Legal and Administrative Aspects Registry and cadastral status: free of encumbrances Commercial Information Sale price: 550,000 Estimated profitability for developers: PROFITABILITY 300m2 built - 330.000 x 8 = 2.640.000 1813 /m2 x 300m2 = 543.900 x 8 = 4.351.200 100m2 remaining of each plot can be built swimming pool and leave rest area, calculate about 20,000 more per plot. 4,351,200 sale - 2,640,000 construction cost - 550,000 plot value = 1,161,200 profit (not counting swimming pools) The cost of the necessary licenses will have to be subtracted from this. Preliminary studies or preliminary projects available. Swap or collaboration options: existing. In compliance with Law 3/2017 of February 13, 2018 of the CIVIL CODE OF CATALONIA, which approves the Consumer Information Regulation in the sale and lease of homes in CATALONIA, the client is informed that the notary and registry expenses and taxes that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. #ref:PA_439
Urban and Planning Data Land classification: developable Applicable urban planning regulations: POUM Maximum land occupation: 90% Permitted Uses: Residential, Commercial Physical Characteristics of the Plot Total surface area (m ). 4385 Shape and dimensions (width/depth). To be divided into 8 plots of 400m2. Topography: flat Ground condition: clean Accesses and adjoining streets: road access and all asphalted Infrastructure and Services Availability of urban services: water, electricity, sewage, gas, fibre optics. Connections to be installed. Location and Surroundings Exact address: Calle Josep Carreras Surroundings and neighbourhood: residential, close to historic centre Proximity to services: schools, public transport, hospitals, commerce, airports Demand for the area (potential for sale or subsequent rental): high demand for the purchase of primary residences Legal and Administrative Aspects Registry and cadastral status: free of encumbrances Commercial Information Sale price: 550,000 Estimated profitability for developers: PROFITABILITY 300m2 built - 330.000 x 8 = 2.640.000 1813 /m2 x 300m2 = 543.900 x 8 = 4.351.200 100m2 remaining of each plot can be built swimming pool and leave rest area, calculate about 20,000 more per plot. 4,351,200 sale - 2,640,000 construction cost - 550,000 plot value = 1,161,200 profit (not counting swimming pools) The cost of the necessary licenses will have to be subtracted from this. Preliminary studies or preliminary projects available. Swap or collaboration options: existing. In compliance with Law 3/2017 of February 13, 2018 of the CIVIL CODE OF CATALONIA, which approves the Consumer Information Regulation in the sale and lease of homes in CATALONIA, the client is informed that the notary and registry expenses and taxes that are applicable (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. #ref:PA_439
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Property on Map
Currency Exchange
Sils, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
Sils, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £477,450 | £24,305 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,305 |
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 £24,305 more.
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