- 27,285,000 €
- 4.7% yield
Unique Opportunity!
Seafront plot for sale in Varadero, Puerto Santiago. This 3,000 m² plot enjoys a privileged location, surrounded by well-known residential complexes. It borders two streets and a pedestrian promenade along the coast, with the sea right in front, guaranteeing excellent accessibility, spectacular views, and access to a charming pebble beach just below. With consolidated urban land and tertiary use (convertible to residential or tourist), it allows building up to 3,000 m² over two floors. Ideal for a shopping center, villas, or apartments. The maximum allowed height is 7.10 meters distributed over two floors. Ideal for a shopping and lifestyle destination with additional rooftop and basement levels Ground Floor: 10 units of 150 m² each, featuring 150 m² terraces with ocean views. Premium dining, retail, and lifestyle concepts. First Floor: 750 m² for a premium fitness franchise and 750 m² for a premium nightlife and entertainment franchise. Rooftop: An infinity pool overlooking the Atlantic Ocean, operated by a concept similar to Nikki Beach. *Sky Pool & Beach Club Atlantic Lifestyle* featuring premium food & beverage offerings, exclusive events, and a 360° lifestyle experience. Projected Net Annual Yield: 16.5% Total Investment: € 10,900,000 Projected Net Annual Income: € 1,794,000 Recapitalization Potential: Above 70%. The plot has all necessary services: water, electricity, sewage, street lighting, and sidewalks, facilitating any type of project. Located within an urban nucleus, it offers direct access via an urban road and sits in a quiet and exclusive area. An excellent investment opportunity in one of the best residential zones. In addition, the owner offers the possibility of participating in the project with a 50% share, defining its purpose together. Don't hesitate to contact us. A truly unique location! Asten Realty Reference: 9618.If this property wasn’t for you, take a look at other investment land for sale in Puerto de Santiago.
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