Building plot, Costa Blanca, Spain

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Building plot, Costa Blanca, Spain

22,000,000 €
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  • Land area
    9,500 m²
  • Yield
Transaction costs
  • Broker: 5.0%

Plot on the first sea line.


The plot of 9,500 m² for residential complex construction.

Allowed construction footprint — 14,300 m².

Maximum construction height — 5 storeys (excluding underground development).

It's planned to build 180 luxury apartments with a total area of 10,400 m² (from 40 m² up to 100 m²).

The communal area of the complex of 4,000 m² will include a spa center, gyms, an indoor swimming pool, a medical center.

Underground parking for 200 cars and storerooms.

The start-up capital in the amount of 25,000,000 euro is necessary for project execution (plot, project, license and construction start).

Financial performance

The expected yield is 30%.

Transaction costs

Brokerage fee — 5%.

Location and nearby infrastructure

The property is located in a pedestrian zone in the most prestigious area of Costa Blanca.

The Costa Blanca is a region on the Mediterranean coast of Spain which includes the coastal villages of the province of Alicante in the autonomous community of Valencia. It's a seaside resort and tourism area.

The Costa Blanca is visited annually by about 6 million tourists, local hotels can accommodate more than 150 thousand people.

The resort capital is the city of Benidorm with the beaches of Playa de Levante and Playa de Poniente. In 2000, the Terra Mitika amusement park was opened. Over one million people visited it in one season.

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