Investment Opportunity: Property for Complete Renovation / New Construction Project

Investment Opportunity: Property for Complete Renovation / New Construction Project

Executive Summary:

This property offers exceptional potential for appreciation. Currently in a state of disrepair requiring complete renovation or demolition, this plot provides a solid foundation for developing a custom residence in a well-established location. Its true value lies in its buildable area and the versatility of its future design.

- Technical and Urban Planning Specifications

• Current State:
  Property for complete renovation/reconstruction.

• Plot Area: 534 m²

• Buildability: 30% of the total plot area, allowing for a construction of up to 450 m².

• Permitted Configuration:
  Possibility of developing a two-story house (Ground Floor + 1) plus the option of adding a basement/semi-basement to maximize usable space.

• Suggested Layout: Ideal for a 3 or 4 bedroom project with open-plan social areas and a private garden.

- Project Strengths

• Total Customization: Requiring a complete renovation, the buyer can design every corner according to their needs and modern standards.

• Space Optimization: Regulations allow for a significant expansion of the current volume through the addition of a second floor and basement.

• Profitability: An excellent opportunity for investors (Flip House) or families seeking a custom-built home below the market price of new construction.

- Property Details and License

• Legal Status: Documentation ready for obtaining a building permit, URBAN PLANNING REPORT.

• Land Use: Consolidated urban land zoned for single-family residential use.

• Utilities: Water and electricity connections are active/available (saving on connection costs).

• Approximate Location: Located in a quiet area of ​​Playa del Sol, Villacana.

With excellent access to main roads and local services.