€ 890,000
Building Plot for sale in Centro, Santa Pola, Alicante
- 3 m2
Description
Strategic opportunity in Santa Pola: finalist land of 2,783 m2 of buildable area for a residential-dotational project
Premium location and legal certainty
We present an excellent investment opportunity in the Hacienda el Barrio sector (RP-2), one of the areas with the greatest potential and growth in Santa Pola. This is a grouping of two adjoining plots with a total area of 2,783 m2, consolidating a strategic block with direct frontage onto Calle Argel. The asset has a recent urban planning report that guarantees its status as finalist land, minimizing the risk of administrative management.
Urban potential and buildability
The plot has a net buildability of 1.00 m2/m2, allowing a total above-ground buildable area of 2,783 m2. The regulations allow an open-block typology with a maximum regulating height of 4 floors (11.90 m), ideal for projects aiming to optimize natural light, cross-ventilation, and the creation of high-quality shared spaces.
Use versatility: VPO factor
Originally classified as tertiary S.I.P.S. (Public and Social Interest Service), the asset offers higher profitability thanks to its compatibility with social residential uses. The planning framework allows a 15 percent density increase provided it is used for public-protection housing (VPO), making it an ideal product to meet the high demand for affordable housing or dotational accommodations in the area.
Profitability
With a competitive asking price and a residual analysis based on realistic construction costs, this asset is projected to deliver a net profit margin for the developer of between 17 and 18 percent. It is a balanced investment that combines the scarcity of land on the Alicante coast with a cost structure designed to help ensure the project’s financial success.
Key points:
- Land/buildable area: 2,783 m2.
- Height: 4 floors (basement/ground plus +3).
- Use: tertiary, dotational and protected residential (S.I.P.S.).
- Location: consolidated area with all services and excellent connectivity.
A smart investment in a market with limited supply.
Features
- Building Plot
- Plot: 3 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G