Sotogrande is a spectacular place in Andalusia. Unique in its type, it is located in San Roque and it is divided into the upper area and the Marina area.
Because of its proximity to Gibraltar, the most of the investments and the growth of it over time has been foreign, they come mainly from England. The upper area is subdivided in Sotogrande Alto and La Reserva. In which different golf courses of international renown emphasize which makes increase the value of the zone.
There are several factors to make a good analysis of the market such as the number of visitors and residents, the distance between the main services, thinking in the mountain area that are a short way to the commercial zone and also the weather is an important factor. Sotogrande has the benefits of a Mediterranean climate and the coast of Cadiz.
One of the areas to feature and where the price per square meter is higher is the one surrounding the golf club Valderrama, at the north of the avenue Los Cortijos, where prices per square meter can reach up to the 4600 euros. This is because it is one of the most exclusive residential developments in Europe.
On the opposite of Valderrama, we can find beautiful views of the coast and the prices per square meter are maintained at an average of € 3,600 with plots averaging 3 thousand square meters.
The area of La Reserva is under construction, it has average prices between €3,800 and €4,000 per square meter and is under development, with several plots and villas for sale. There is also the international school and there are being build several paddle and tennis courts for visitors and residents.
In general we find flats in the area of marina and the port of Sotogrande with prices between €250,000 to penthouses of €1,800,000 and we find villas throughout Sotogrande ranging from €1 million to 7 and 8million depending on the size and the plots.
With this information we can roughly conclude that the average price of second-hand homes for sale is €2,400. (Considering the average price of the resale properties in the current market).
And that according to the division of Sotogrande in its two main areas: Sotogrande Alto - La Reserva and Sotogrande Marina. Especially the area next to the golf club Valderrama, prices per square meter can reach up to €4,600. While in the southern area, average prices per square meter are around €3,450.
In general in Sotogrande, San Roque; the average of the total area oscillates with prices between €3,800 and €4,600 per square meter. And the average prices of the property vary between 1 and 2 million euros.