Playa Arena 4 Villas Project 1328

  • €1,400,000
  • €1,400,000

Playa Arena 4 Villas Project 1328

Description

Playa Arena 4 Villas Project 🏡 is an investment project to build four luxury villas overlooking the ocean🌊. Each villa has a plot size of 450 square meters and a living area of 200 square meters on two floors, as well as a private 🏊 pool.

🔸The project is located on a plot of land of 1,500 square meters, worth 1,400,000 euros plus 7% IGIC tax on the total value. 💰The cost of the project is 150.000 euros plus 7% IGIC tax on the total value and the cost of construction and permits required is 1.500.000 euros💶 plus 7% IGIC tax on the total value.

🌴The location of the project is ideal for beach holidays as it is a 7 minute walk from the ocean🌊. The expected cost of the project is 3,050,000 euros and the expected sales are 5,200,000 euros💶. Thus, the expected profit of the project is about 2.000.000 euros👍.

The project Playa Arena 4 Villas🏡 is a profitable investment in real estate in the Canary Islands🌴 which provides not only high returns, but also comfortable and luxurious oceanfront living🌊.

Details

Property ID HZ1328
Land Area 1500

Address

  • City: Playa la Arena
  • State/county: Tenerife
  • Country: Spain

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