Prestigious Townhouses in Los Cristianos 1365

  • €5,300,000
Los Cristianos, Arona, Santa Cruz de Tenerife, Canary Islands, 38650, Spain
  • House's for sale in Tenerife, Investment and Development project in Tenerife
  • Property type
  • 6000
  • Lot
For Sale

Prestigious Townhouses in Los Cristianos 1365

Los Cristianos, Arona, Santa Cruz de Tenerife, Canary Islands, 38650, Spain
  • €5,300,000

Overview

Property ID: HZ1365
  • House's for sale in Tenerife, Investment and Development project in Tenerife
  • Property type
  • 6000
  • Lot

Description

🏘️ Presenting a unique commercial property in the prestigious neighborhood of Los Cristianos🌴. This project comprises 19 luxury townhouses currently under construction on a land plot spanning 6000 sq. m. The price is €5.3 million 💶. The license preparation will take 3-6 months. There are already 6 signed contracts📝 expressing the intention to purchase townhouses, along with 4 potential clients. The project is expected to be completed by December 2024. 💰Impressive financial figures include the land value with the project estimated at €5.3 million, the building at €4 million, and projected sales of €13.4 million. 📈Pre-tax profit amounts to €4.1 million. 🔥This investment offers a lucrative opportunity with an expected annual return of approximately 25%. 👉Architectural, legal, and engineering aspects of the project have already been approved. 📲Contact us today to discuss all the details and initiate the acquisition process.

Details

Property ID
HZ1365
Land Area
6000

Address

  • City Los Cristianos
  • 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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