€ 850,000
Villa for sale in Almuñécar, Granada
- 300 m2
- 2670 m2
Description
Investment with outstanding value creation potential on the Costa Tropical
A unique investment opportunity on the Costa Tropical. Four fully constructed and completed semi-detached houses are offered for sale as a single package in the exclusive area of Curumbico (Almuñécar) for €850,000.
This opportunity is aimed at investors and developers seeking an asset with exceptional capital appreciation potential. Based on current market values for comparable properties once fully regularised and ready for sale, the combined development could achieve a market value in excess of €2,200,000, representing a potential appreciation of more than 150% before considering the costs associated with completing the project.
The four properties are structurally complete and fully finished from a construction perspective. Therefore, the investment does not involve developing a project from scratch, but rather completing an advanced legal and administrative regularisation process already underway.
Judicial proceedings to recover possession of the properties are currently in progress. At the same time, Almuñécar Town Council is promoting the execution project for the improvement of the access roads and the connection to the public sewer network, which is currently awaiting approval. Once these works have been completed, the first occupancy licence may be obtained.
Furthermore, drinking water and electricity supply networks are already available at the entrance to the plot, facilitating future connections.
Located in one of the fastest-growing areas of the Costa Tropical, offering magnificent sea views and an increasingly limited supply of comparable properties, these homes represent an exceptional opportunity for repositioning, individual resale or long-term investment.
An asset combining a prime location, significant appreciation potential and a clearly defined roadmap for value creation, making it particularly attractive for investors seeking to acquire value before the market fully recognises it.
Features
- Villa
- Build Size: 300 m2
- Plot: 2670 m2
- Year Built: 2009
- Energy Efficiency Rating: In Progress