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24

Development Land in Almuñécar, Spain

€ 4,345,000
220 m² 1 3

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Description

Real Estate Investment in Almuñécar, Granada~Complete and monetize an exclusive project on the Costa Tropical!~~A development in Almuñécar, Granada, is offered for €4,345,000. This project, located in one of the most sought-after areas of the Costa Tropical, has the potential to offer a return on investment (ROI) of over 20%. A unique opportunity for investors and developers looking to capitalize on the booming real estate market.~~Project Features:~- 38 homes with modern designs, spectacular sea and mountain views.~- Total area of the property: 5,957 m².~- Current status: Work in progress, with much of the urbanization already completed.~- Privileged location: Just a few minutes from the beach, in an exceptional natural setting, ideal for attracting both national and international buyers.~~Simulated Financial Details:~- Average sales price per home: €250,000~- Estimated total income: €9,500,000~- Estimated completion costs: €3,000,000~- Additional costs: €475,000 (marketing, sales and taxes)~- Estimated net profit: €1,680,000~- Return on investment (ROI): 21.49%~Competitive Advantages:~- High residential demand: Almuñécar is a highly valued destination for its climate, its natural surroundings and its cultural offer, which guarantees an active market for the sale of homes.~- Flexibility of customization: Possibility of offering personalized finishes to satisfy the preferences of buyers.~- Project in an advanced stage: Minimizes risks and accelerates the time to market.~This is your chance to complete a project on the Costa Tropical that promises a high return on investment. Don't miss this unique business opportunity!~~For more information and visits:~~ David Antequera / 6 4 5 6 8 2 9 9 9 / davidantequera@ikesa.es ~~Invest in the future of Almuñécar and ensure a substantial profit!~~0% commission to buyers for this asset. Ikesa informs that it does not charge any commission for properties from Financial Institutions and Investment Funds, as well as New Construction products. ~The price does not include those expenses that by Law may correspond to the acquiring party such as VAT / ITP, Notary, Registry. ~Ikesa is an approved agency of different Financial Institutions, we have the largest offer in the province, visit our website: ikesainmobiliaria.es~

500

Details

Rooms
3
Bedrooms
3
Bathrooms
1
Size
220 m²
Energy Rating
G
Exterior Amenities
Pool
Gas emission Class
G
Reference
SBRE-0021611
View
Sea

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