Project 17 Luxury Villas in Adeje Golf 1338

  • €9,000,000
  • Property type
  • Investment and Development
  • 500
  • Land Area
  • €9,000,000

Project 17 Luxury Villas in Adeje Golf 1338

Description

The project of 17 luxury villas in Adeje Golf☀ is an investment project to build and sell 17 luxury villas🏠 of 300 square meters each on plots of about 500 square meters in Adeje Golf🌴

👉The project will require the purchase of a plot of land worth 9,000,000 euros💶 plus 7% IGIC tax and a project license for 450,000 euros plus 7% IGIC tax. It will then be necessary to invest in the construction of🧱 villas at a cost of 7,500,000 euros plus 7% IGIC tax.

After completion, each 🏠villa will be sold for about 30,000,000 euros💶. Thus, the project will allow a profit📈 of about 15,000,000 euros, which corresponds to a return on investment of 200%⭐

Details

Property ID HZ1338
Land Area 500

Address

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

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