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31

Development Land in Puerto de Santiago, Canary Islands

€ 1,500,000
1,489 m²

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Description

Bahia Tenerife is pleased to present two fantastic project proposals on a plot of land that has 1,489 m², with consolidated urban classification, located in Varadero Playa la Arena, just 180 meters from the beach in the aforementioned area.

On this plot, there is already a house of 106 m² of useful construction, completely finished and ready for immediate use. This property can be replaced by 2 additional townhouses, to expand 1 of the project proposals of 5 duplex townhouses, into 7 duplex townhouses.

The first proposal of the real estate project consists of:

1) The construction of a 3-storey car park, with a capacity for approximately 100 cars, with an average of 35 cars per floor, according to the planning and the square meters granted with the percentage of construction, indicated in the urban report for this proposal .
2) The construction of 5 duplex townhouses, (or 7 duplex townhouses, depending on the conservation of the house already built.)
3) It could also be carried out, both projects (Parking and above it, the 5 or 7 duplex townhouses.)

Each Townhouse would be composed of 3 bedrooms and 2 bathrooms (1 en suite) all located on the upper floor, and 1 toilet located on the ground floor, with their respective kitchen, living room, dining room, each of them.
All the townhouses have a private pool, two large terraces on the upper floor (rear and front), a terrace on the ground floor with a garden, and a parking space, as well as a 57 m² solarium on the third floor.

Each townhouse has 3 floors, up to 7m high with a private solarium, and the plot has a buildability of 70% according to the urban planning report issued by the municipality of the area.

The table of total construction area for each townhouse would be 311 m² and the detail includes:
-Ground Floor (Living room, dining room, toilet) 57 m²
-Top floor (3 bedrooms, 2 bathrooms, 2 terraces) 58 m²
-Parking. 15 m²
-Swimming pool. 21 m².
-Terrace 40 m², / Garden 42 m² / Garden entrance 9 m²
-Solarium 57m².

We have an economic and feasibility plan, which details:
-Expenses of the plot.
-Estimation of construction costs.
-Estimation of technical expenses, licenses.
-Estimation of advertising and marketing expenses.
-Estimation of management and sales expenses.

The summary of the total investment with its respective benefit, all at your fingertips.

It will be a pleasure to help you throughout the purchase process, as well as in the creation of exclusive opportunities for real estate and financial development, execution of the work and promotion of the asset, with strategic associations of success and mutual growth, we work with Benoit Galand, architect with extensive experience in urban planning.

If you want more information about it, get in touch with our real estate expert.

His safety and satisfaction are our greatest guarantee.

Details

External size
1,489 m²
Reference
E00150

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