- 359Property ID
Buying land in Tenerife for the construction of a villa in the vicinity of Puerto Colon (San Eugenio Alto district) is your prestige and future income from reselling or renting a house. Puerto Colon is a port of sports and pleasure boats, located in the central part of the resort of Playa de Las Americas. The main benefit of the district is that passenger ferries and cargo ships do not enter the water area of this small port at all. Every day, millions of tourists go from here to boat trips on boats, on yachts, catamarans. Puerto Colón is the most representative place in the south of Tenerife, where the influential people of the island often gather.
We present to your attention a plot of land for development with a total area of 1970 m2. In this area you can build 10 individual villas, each of 180 m2. The maximum height of construction is 2 floors. The construction project also presupposes the presence of a swimming pool and a garden. A special advantage of this territory is that it is only 2 minutes walk to the sea. From the windows and terraces of the villas will open wonderful panoramic views of the ocean and the marina Puerto Colon. The cost of the land is 1.450.000 euro. The documents for the land and the project are completely ready. It remains to get a license. We will provide for you a full service related to its receipt. It is worth noting that the construction of a new property is about 15-20% cheaper than buying a new one. The average cost of construction in Tenerife, including materials will cost 800-1000 euro per square meter and the time needed to implement the project (from obtaining a license and to putting the facility into operation) 1-1.5 years. Thus, you can calculate the approximate income when selling ready-made villas in the area.