Undeveloped Land for sale in Villaricos, Cuevas del Almanzora, Almería

A rare and unique opportunity to purchase an urban plot with permits. An amazing investment opportunity in Villaricos:

Site reference: Avenida Las Palmeras.
This superbly positioned, consolidated and licensed urban plot is located within 150m of the beach within the vibrant and traditional fishing village of Villaricos.

Priced at just 725.000 Euros, providing the rare option of its own project comprising a unique development of nineteen (19) apartments over three floors with a roof top swimming pool and solarium. The ground floor offering commercial space and underground parking.

Specification
• Plot : 849,74m2
• Building size : 2.991,57m2
• Permits to build: nineteen (19) apartments on a three-floor development.
• Ground floor commercial : 534m2
• Underground parking for nineteen (19) cars : 606m2
• Roof top swimming pool and solarium

When you consider that for a nice 92m2 residential apartment, median price is at least 1,793.48 Euros per m² / 166.62 Euros per ft².
Commercial: Median Price 879.22 Euros per m² / 81.68 Euros per ft²
Parking: Median price 450 Euros per m² / 40 Euros per ft²

Considering the lack of supply in Villaricos for quality residential to the standard of Harbour Lights for example, this is a sound investment for any small developer.

The price does not include the V.A.T (21%) on the urban parcel value.

This plot may be developed to your own specification and requirements as and when you want or held as medium or long term investment.

Villaricos is a small, unspoiled fishing village, both charming and tranquil, which maintains a typical Spanish feel. Villaricos has two harbours that sit at each end of the village linked by a broad promenade with numerous places to sit and contemplate.

Villaricos benefits from a plentiful supply of quality restaurants, cafes and bars, from modern to traditional.

Villaricos is known for its crystal clear warm waters and its fabulous diving and for those with their water wings there is a local diving school. Just beyond Villaricos is a rugged undeveloped coastline where you can relax in peace and solitude among the rock pools and natural sand beaches.