Serviced site for sale - Puerto Rico

Price: 1.680.000 euro

This property is the only property in Puerto Rico where it is allowed to construct anything, and it's also situated on one of the best places in Puerto Rico as well.

The license is for 2350m2 land, which there is allowed to construct what ever you want, as long it's not for tourism. (Like a hotel)

The license already consists of one plan for 10 luxury apartments, (in five blocks of two and two apartments and a garage.) This Plan for the 10 apartments has cost 100.000 euros.

Furthermore, the Municipal de Mogan will give 500-1000m2 land next by for use as a green area, if that's wanted.

The apartments are 5 x 400m2 and 5 x 90m2

3 bedrooms, kitchen, (the buyers have some flexibility to decide the interior)

There are possibilities also for having an elevator.

It will cost approximately 100.000 euros for picking out the mountain.

Estimated cost for each apartment block, (including the land), is maximum 1 million euros.

(This cost includes the best material, marble, and so on.)

Estimated value for each apartment is:

1,5 million for the 400m2 ones

350.000 for the 90m2 ones

Allowed construction period:

18 month maximum

The period for activating the license will take approximately 15 days.

The price for the land/license, and plans for 10 luxury apartments is:

1,68 millions euros.

Download construction plan

Download construction plan

Contact us:
sale@grancanari.co.uk - ref: 031S