SOLD!
Villa Sotogrande Alto near Valderrama
3 bed 3 bath villa in E zone near Valgrande and Valderrama. This property is for sale at a great price of only 490,000 €, well below the market price. Built on a double plot in a quiet area where you truly can get away from it all. The plot itself measures 2705 m2 and the property 202 m2. The back garden area is fenced off from the front garden and as such ideal for dog owners. The property consists of 2 floors. The hall way leads to the kitchen on the right and second right is a cloak room for guests. Straight ahead there is a hallway leading left to two of the three bedrooms and straight ahead into the brightly lit sitting room, complete with fireplace and to the right are French Windows leading to the garden. The dining room is is on a split level, up a couple of steps and divided from the sitting room by banisters. This room also has views out over the mature gardens and again, French Windows installed. The bedrooms on this floor share a bathroom. Upstairs is the main bedroom, with its own terrace and en suite bathroom.
Light Reforms Required
The property is well built and in a good state of repair but needs updating with a few minor reforms, including, perhaps, the addition of a swimming pool. The urbanisation of Sotogrande permits around a third of a plot of land to be built on in this zone. In this particular instance that would potentially allow another entire villa. Yet another advantage of this villa is that the property taxes on resale properties over 400,000 € are 10%. If you bought a plot of land by itself you would have to pay 21% tax and then begin building works.
Location Sotogrande Alto
Sotogrande is an up market urbanisation surrounded by golf courses and home to Polo. The demographics are medium to upper income bracket with many second homes. There is also a large expat community of people who live here part of the year for tax reasons or retire here. Sotogrande International School is 1 km from this property and is a successful independent school with excellent exam results for its pupils. Gibraltar is 20 minutes by car.
This is a real investment opportunity and not to be missed.
