€ 2,000,000
Building Plot for sale in La Granadella - Costa Nova, Javea / Xàbia, Alicante
Description
Strategic investment opportunity in Costa Blanca North
We offer a building plot with already granted license for 9 new holiday homes to be built, combined with 3 existing, fully furnished holiday homes with private pool.
This means that an investor has 12 independent holiday homes in one transaction, including additional land and storage space.
Summary of the offer
What's included:
1 Building plot with permit for 9 holiday homes
Same type as already on sale
All apartments with private pool
Immediately realisable project
2 3 existing holiday homes (ready to move in)
Fully furnished
Private pool
Immediately exploitable
3 Extra included
Storage space across the street
Unbuildable piece of forest land
Total concept after realisation
A total of 12 holiday homes:
8 holiday villas
3 bedrooms
2 bathrooms
Private pool
4 holiday bungalows
2 bedrooms
2 bathrooms
Private pool
(Includes 2 existing 3-bedroom villas and 1 existing bungalow)
Financial overview
Asking price total project: € 2,000,000
Including:
3 existing homes with a combined sales value of
€ 469,000 x 3 = € 1,407,000
Building plot for 9 new homes
Storage space
Extra forest land
Effectively, the building land for 9 licensed homes costs less than € 600,000
All free of VAT and transfer tax.
Why this might interest investors
Direct income from existing homes
Permit already arranged no development risk in terms of planning
Economies of scale in construction (identical homes)
Full holiday concept with private pools
Possibility of:
Resale per unit
Operation as a resort
Timeshare structure
Long term rental
The project may even be slightly lucrative on paper, but more importantly:
It offers speed and efficiency compared to searching for land yourself, applying for permits and building up existing exploitation.
Features
- Building Plot
- Energy Efficiency Rating: In Progress