Undeveloped Land for sale in Adeje, Tenerife

Project of 17 luxury villas in Adeje Golf

Project of 17 luxury villas in Adeje Golf is an investment project of construction and sale of 17 luxury villas of 300 square meters each, on plots of about 500 square meters in Adeje Golf.

The project will require the purchase of a plot of land for 9.000.000 euros plus 7% IGIC tax and a license for the project for 450.000 euros plus 7% IGIC tax. Then it will be necessary to invest in the construction of villas worth 7.500.000 euros plus 7% IGIC tax.

After the completion of each villa will be sold at a price of approximately 30.000.000 euros. Thus, the project will make a profit of approximately 15,000,000 euros, which corresponds to an ROI of 200%.