Dream Development Opportunity in Costa Adeje

  • €4,800,000
Costa Adeje, Miraverde, Adeje, Santa Cruz de Tenerife, Canarias, 38660, España
  • Investment and Development project in Tenerife, Land for sale in Tenerife
  • Property type
  • 4700
For Sale

Dream Development Opportunity in Costa Adeje

Costa Adeje, Miraverde, Adeje, Santa Cruz de Tenerife, Canarias, 38660, España
  • €4,800,000

Overview

Property ID: HZ240417hz139
  • Investment and Development project in Tenerife, Land for sale in Tenerife
  • Property type
  • 4700

Description

Here’s your chance to turn this fantastic plot of land in Costa Adeje into something truly special. It’s a great size at 4,700 square meters, and it’s super close to the beach – just 250 meters away!

You can build a building that’s three stories tall, plus one more on the ground floor, giving you a whopping 9,400 square meters of space to play with. The land is already set up for building, so you can get started on your dream project right away.

Picture this: 70 amazing apartments, each with plenty of room – 100 square meters of luxury living space. They’ll be stunning inside and have amazing views outside, offering the ultimate coastal lifestyle.

And here’s the exciting part: You could sell each apartment for at least $950,000, with penthouses going for $1.2 million each. That’s a pretty sweet return on your investment!

You can get everything sorted and have your building license in just six months, so you’ll be on your way to making your vision a reality in no time.

The land itself costs $4.8 million, and construction will set you back $13 million, plus there’s a $500,000 fee for the building permit. So, altogether, you’re looking at an investment of $18.3 million. But with projected sales reaching $70 million, it’s a smart move financially.

Don’t miss out on this amazing opportunity to create something incredible in one of the best spots around. Get in touch today and let’s make your luxury real estate dreams come true in Costa Adeje!

Details

Property ID
HZ240417hz139
Property Size
4700

Address

  • City Costa Adeje
  • State/county Tenerife
  • Country Spain

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Contact Information

Mr. Maxim Kulikov
  • Mr. Maxim Kulikov
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Mr. Maxim Kulikov
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