Investment land for sale La Lluca next to Javea golf club

Ref. X50
150.000€
Negotiable
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Type:
Plot
Town:
Jávea
Area:
the Lluca
Views:
Open
Plot size:
4.010 m²
Terrain type:
Flat

Great investment opportunity, for sale: 4.010 m² of land which is situated next to the exclusive urbanisation of LA LLUCA by Javea Golf Club.

The plot is included  an area which has been ear-marked for future development by Javea town hall.  The entire area to be developed will eventually consist of approximately 11.317m² which will be divided into 6 building plots, each  with 1.500m² approximately.  The owner of the 4.010m² will have to pay their share towards the new urbanisation infrastructure costs, and these have been estimated in the region of 103.000 euros.  This ·"project" is still in the early stages of obtaining approval from Javea town hall, it was presented to the town hall in 2914 and it may take another 2 years before the paperwork is in place, enabling the urbanisation infrastructure building work to commence.  This is a long term investment, which will result in 2 plots, each of 1503m².  These resulting plots will have a minimum re-sale value in the region of 165.000 euros each plot which is calculated on 110 euros / m².  This is a conservative estimation of the resulting plots values based on market prices in 2016.  

Reserved
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