€ 1,970,000
Villa for sale in Formentera municipality, Formentera
- 185 m2
- 4
- 4
- 21500 m2
Description
Country estate in Formentera, located just 800 meters from Migjorn Beach, in a quiet area very close to the renowned Migjorn Beach area.
The property consists of a rustic country house of approximately 124 m², along with two additional outbuildings of about 16 m² and 35 m², for a total floor area of around 185 m².
The main house features three double bedrooms, a living room, kitchen, and several auxiliary rooms. It also has two spacious terraces of approximately 30 m² each, allowing you to fully enjoy the natural surroundings and the home’s orientation.
The plot covers an area of approximately 21,600 m² and is entirely arable. It has its own well and water tank. The property features centuries-old trees such as olive, fig, and pomegranate trees, as well as cacti and other fruit-bearing species, creating a mature natural environment of great scenic value.
One of the main assets of this estate is its significant potential for urban expansion. The total buildable area can reach up to approximately 600 m², allowing for a substantial development of the property.
Specifically, there is the possibility of expanding the construction by an additional 363 m². The possibility of incorporating a basement is also being considered; in Formentera, this can be configured as a habitable floor with windows, exterior access, and functional use. The remaining buildable area can be allocated to complementary features such as a swimming pool, pergolas, outdoor areas, or recreational facilities like a tennis or paddle tennis court.
Overall, the property’s development potential allows for a large-scale project, significantly increasing its value and investment potential. The maximum permitted height for new construction is 7 meters, which further expands architectural options.
The property has been partially renovated, including upgrades to the electrical and plumbing systems, kitchen, flooring, and other features.
It is located in a tourist area of the island, which could allow for obtaining a tourist rental license in the future, subject to current regulations.
Additionally, it is situated a short distance from Sant Ferran de ses Roques and close to amenities such as a supermarket, combining privacy, nature, and good accessibility.
This is an excellent investment opportunity in Formentera, both for its location and its enormous potential for expansion and appreciation, ideal for those seeking a property with character, spaciousness, and proximity to the sea.
Features
- Villa
- Bedrooms: 4
- Bathrooms: 4
- Build Size: 185 m2
- Plot: 21500 m2
- Storeys: 1
- Energy Certificate (Consumption): E