Exclusive offer in Benidorm: Land for development for 3.5 million euros.
We bring to your attention an exceptional investment asset – a land plot ready for construction in the prestigious zone of Cala de Finestrat (Benidorm).
Why it's profitable:
• New-build shortage: The supply in Benidorm is historically limited, which guarantees a rapid increase in the value of the finished property.
• Record prices: the average price in new buildings reaches 3,930 € / m2, and in the premium towers of Poniente Beach reaches 8 000 - 9 000 € / m2.
• Impressive potential: a plot of 5,613 m2 allows you to build up to 5,734 m2 of living space (Baja + 8 floors), which at the current price tag of land (610 € / m2) creates a powerful margin when selling finished apartments.
Key parameters:
• Cost: €3,500,000 plus a 5% commission from a real estate agency.
• Area: 5,613 m2
• Development potential: up to 5,734 m2
• Floor: up to 9 floors (base + 8)
Type: Urban land (Residencial/Turístico), ready for design.
Why Benidorm:
The real estate market here shows strong growth (+4.6% over the past year) and high liquidity. This is an ideal entry point for projects with projected returns of 6–8% per annum.