€ 62,000
Building Plot for sale in Piles, Valencia
- 198 m2
- 198 m2
Description
Urban land in Piles with great buildability and very attractive price
Urban land of 198 sqm for sale located in the new area of Piles, an area in full expansion and very comfortable for everyday life. The plot allows building up to 312 sqm, perfect for building a spacious two-story chalet or a modern single-family home. It is close to schools, with easy parking in the area and just 1.5 km from both Oliva and the beach, an ideal location for those looking for tranquility and services at the same time.
The area has all the supplies and is urbanistically consolidated, which allows starting the project without delays. It is a very interesting option both for building your own home and for medium-term investment given the growing demand in the area.
Approximate construction and profitability calculation.
With an estimated construction cost of 750 €/sqm, building the permitted 312 sqm would cost around 234,000 €. Adding technical fees and licenses, which usually represent approximately 15%, the total cost would be around 269,000 €. If the final house is sold for 300,000 €, the approximate gross profitability would be around 31,000 €, equivalent to about 11.5% on the total investment, which could be even higher if you choose to build an optimized house with a smaller surface area while maintaining an attractive and functional design.
A perfect opportunity for those looking for value, location, and growth potential in one of the most sought-after areas on the coast.
Features
- Building Plot
- Build Size: 198 m2
- Plot: 198 m2
- Energy Efficiency Rating: In Progress