Opportunity We present a final urban land in Polop de la Marina (Alicante), a consolidated residential area with high national and international demand due to its proximity to Benidorm and its excellent quality of life. The asset is ready for the immediate development of a multi-family residential project, without urban planning risk.
Technical Data of the Asset Plot size: 2.536 m². Estimated buildable area: 8.080 m² ceiling (3,186 m²t per m²). Permitted height: Ground floor + 2 + Attic (13 metres). Indicative volume: Capacity for 87 dwellings (including 14 duplexes) and 89 underground parking spaces.
Economic and Financial Data Selling price: 2.600.000 €. Incidence of land: ~322 €/m² ceiling, an entry price perfectly in line with the market. Competitive advantage: The sale price is below the official mortgage appraisal value (€2,660,394). This provides a margin of security in the acquisition and lays a solid foundation for obtaining bank financing for the land.
Why invest in this project? Fast licensing: As the land is developed and finalised, the time to start building is drastically reduced. Flexibility: There is openness to structure the operation through direct purchase or by studying collaboration formulas for development. Versatility: The project is perfectly defensible for both a traditional development and a cooperative format.
We have all the preliminary Due Diligence prepared: simple note, official mortgage appraisal, town planning file and plans.
Features
With building project
Energy efficiency
Pending
Consumption
Emissions
A
B
C
D
E
F
G
Energy consumption kW h/m² year
Emissions kg CO2/m² year
Property location
The information and data presented have been checked and are assumed to be correct, however, the company cannot be held responsible for their veracity, as the offer is subject to errors, price changes, omission and/or withdrawal from the market without prior notice. In accordance with Spanish regulations, agency fees are to be paid by the seller.
Organize a live video visit
DON'T MISS THE OPPORTUNITY TO FIND THE PROPERTY OF YOUR DREAMS
Subscribe and receive all the latest news and promotions from Berkshire Hathaway HomeServices costablanca
We use cookies to ensure you get the best experience on our websiteAccept cookiesMore Info
