Description
A 50 hectares (500.000m²) development plot for sale, located upon the cliffs of Itapororoca in Trancoso and right in the middle of the Reserva Fasano development. This is one of last large development plots in Trancoso and at least 15 to 20 hectares may be used for development (the remainder is protected rainforest). The current owner has a ready project for the development and construction of 25 four-bedroom villas on plots of 5000-10.000 m² each and a retail value of USD 1 million+. As such, the targeted Total Sales Value would be around USD 25million. The seller is looking for either an all-out sale or for a developing partner.