Undeveloped Land for sale in Ador, Valencia

An excellent urban plot of 1,078 m² is offered for sale in the Montecorona urbanization, Ador, for only €77,000. The plot is completely urban and has all the urbanization works completed: sewerage, sidewalks, streetlights, access roads, and services. This allows for immediate construction to begin, without additional urbanization costs.

The land can be divided into two plots and two single-family houses of 135 m² each can be built, as the regulations require a minimum of 530 m² per plot. There is also the possibility of building a single house of up to 270 m² on the entire surface. One part of the land has very little slope, which reduces foundation and site preparation costs.

The location is very convenient, close to the entrance of the urbanization, the restaurant, and green areas. Villalonga, with a Mercadona and all necessary services, is just a few minutes away, and the plot is only 10 minutes from Gandia and the beaches. Additionally, it enjoys sea views, a highly sought-after asset in the area.

Construction costs for two houses

For two houses of 135 m² each, assuming an average cost of €1,300/m², each house would have an approximate cost of €175,000–€185,000, including construction, medium-quality finishes, and complete work.

The total cost for building both houses would be approximately €350,000–€370,000, in addition to the purchase of the plot (€77,000). The total investment would range from €427,000 to €447,000.

Profitability building two houses priced at €250,000 each

If both houses are sold for €250,000 each, the total sales value would be €500,000 for both units.

With an investment of €427,000–€447,000, the estimated profit would range from:
+€53,000 to +€73,000, not including marketing expenses or taxes, but with a clear and realistic profitability within the current Montecorona market.

Option: building a single house priced at €500,000

If the entire plot is used for a single house of 270 m², the construction cost would be approximately €310,000–€350,000, depending on the chosen quality. Including the plot price, the total investment would range from €387,000 to €427,000.

A house of this size and with sea views can easily reach a value of €500,000 in Montecorona. With that valuation, the profitability would be very attractive, with an estimated profit between +€73,000 and +€113,000.