Building Plot for sale in Playa Flamenca, Orihuela, Alicante

Discover an exceptional investment opportunity with this strategically located urban commercial plot in Las Chismosas, Orihuela Costa. Situated within a well-established residential area boasting a high density of permanent and international residents, this location is perfectly suited for thriving commercial ventures. The plot spans 1,206.96 sqm, offering a generous buildable area of up to 587 sqm. The meticulously planned project includes the development of three distinct commercial units, with the option of incorporating a basement level. These units are versatile and ideal for various tertiary uses, such as:
Offices
Educational academies
Restaurants
Other commercial activities compatible with tertiary zoning.
A comprehensive feasibility study, encompassing preliminary design, technical layout studies, and 3D visualization, is already available, streamlining the initial stages of development. The estimated total investment for this project is €1,090,000, covering the plot acquisition (€250,000), construction costs, technical project, and necessary licenses. This investment promises significant financial returns: Projected rental income: €6,800 per month (or €81,600 annually) Estimated gross annual yield: 7.49% Anticipated payback period: 13 to 14 years
Its prime position, close to major access routes and essential services, ensures the attraction of stable operators and fosters medium-to-long-term lease agreements. This reduces volatility and enhances the asset's overall stability and potential for capital appreciation. This is an ideal proposition for investors seeking well-dimensioned commercial assets, superior returns, recurring income, and robust asset consolidation on the Costa Blanca.
The plot is offered at €250,000.