Luxury Villas Investment Project in Caldera del Rey 1372

  • €4,800,000
Caldera del Mojón del Rey, Chayofa, Los Cristianos, Arona, Santa Cruz de Tenerife, Canary Islands, 38652, Spain
  • Land for sale in Spain
  • Property Type
  • 450
For Sale

Luxury Villas Investment Project in Caldera del Rey 1372

Caldera del Mojón del Rey, Chayofa, Los Cristianos, Arona, Santa Cruz de Tenerife, Canary Islands, 38652, Spain
  • €4,800,000

Overview

Property ID: 1372
  • Land for sale in Spain
  • Property Type
  • 450

Description

💥The “Luxury Villas in Caldera del Rey” investment project is a promising and profitable venture aimed at constructing two luxurious villas🏠 in a popular area in the south of Tenerife. Statistics about Tenerife indicate a high influx of tourists, attractive property value growth rates, and the presence of key markets such as the United Kingdom, Germany, Spain, France, and Scandinavian countries.⭐

The project site is located near popular island attractions, such as Siam Park and Siam Mall🌴. It is situated on a hill, offering magnificent panoramic views. The total area of the plot is 1526.0 square meters, with a maximum buildable area of 671.79 square meters and an elevation of 165 meters above sea level.🌊

👉The proposed architectural project includes the construction of two villas, each with a floor area of approximately 450 square meters, spanning two levels/floors. The design of the project is done in a modern minimalist style, accentuating the status of future owners.✨

The project requires specific expenses. The cost of the plot amounts to 4.9 million euros💶, and the construction costs are estimated at 2.9 million euros, resulting in a total investment of 2 million euros. The expected revenue from sales amounts to 9 million euros☝️. The selling price of the first villa is 4.2 million euros, and the second villa is priced at 4.8 million euros. After deducting all expenses, the pre-tax profit is estimated at 4.1 million euros, which represents 83% of the total revenue.👍

The project implementation timeline includes a deal and registration phase, which can take up to 2 weeks. ⌚The construction time is estimated at 8-12 months, and pre-sales can begin concurrently with the construction process.🧱 The overall duration of the process is approximately 6 months.

The “Luxury Villas in Caldera del Rey” project🏠 presents an attractive opportunity for investors, considering Tenerife’s appealing tourism indicators🌴, high demand for real estate in the Costa Adeje area, and the potential to generate significant profits from the sale of luxury villas.💫

Details

Property ID
1372
Property Size
450

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Address

  • City Caldera Del Rey
  • State/county Tenerife
  • Country Spain

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Maxim Kulikov
  • Maxim Kulikov