SAE REAL ESTATE



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For Sale

Available

Guide Price: 2,800,000

For Sale in Arenal (S')


An attractive investment and development opportunity in one of the most dynamic areas surrounding Playa de Palma.

The property consists of a package of eight already subdivided urban plots with a combined land area of approximately 3,325 m². Seven of the plots are designated for the construction of individual detached houses, each with a planned built area of approximately 150 m².

Each residential plot offers approximately 400 to 450 m² of land, providing sufficient space for attractive private outdoor areas and contemporary residential concepts.

The corresponding building project has already been approved and is currently being processed by the competent municipality for the issuance of the building licence required to commence construction.

This makes the project particularly interesting for investors and developers looking for an advanced development opportunity close to the coast.

PROJECT & PLOTS
Total plot area: approx. 3,325 m²
Package of 8 already subdivided urban plots
7 plots planned for detached houses
Planned house size: approx. 150 m² each
Plot size per house: approx. 400–450 m²
Building project already approved
Building licence currently being processed
Further project documentation available upon request
URBAN INFRASTRUCTURE

The plots benefit from established urban infrastructure including:

Street lighting
Pavements
Municipal electricity supply
Municipal water supply
Sewage system
LOCATION

The project is located in the Playa de Palma area, a coastal location currently undergoing continued qualitative development.

Within walking distance are two 5-star hotels, green areas, restaurants, supermarkets and a wide range of everyday amenities.

The seafront promenade and beach can be reached in less than five minutes, making the location particularly attractive for the development of high-quality residential properties close to the sea.

Ongoing public investment and development initiatives in the wider Playa de Palma area further support the long-term potential of this location.

Further information and complete project documentation available upon request.

GOIBE468739/2024

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Contact Agent




Contact SAE REAL ESTATE on +34 971 418 972