Land for sale in Lanzarote, Spain with planning permission for housing. Ideal land investment opportunity.
 


Development Land For Sale Lanzarote, with Planning Permission for 22 Villa's & 40 Duplexes

Lanzarote investment land.
Tinajo - Lanzarote
Freephone 0800 953 0041 - Ref # IA002125
Cost 4,500,000

Summary:- NEW LISTING - Call for details



BUILDING LAND FOR SALE IN LANZAROTE, CANARY ISLANDS, SPAIN

Land Location - Tinajo, North West Lanzarote, near golf course with some sea views.

Development Type - Residential project with (optional) associated small retail/commercial development

Total Land Area - 12,000m (about 3 acres)

Planning - Permission granted on 8,000m of the land for 22 x 300m plots to build chalet style villas of 180m (60% plot size) and 1,400mfor 40 x 90m Duplexes (100% plot size). An alternative plan cuts Duplexes to 35 x 90m in order to release 450m of land for retail/commercial development.

Estimated Land Built-Out Value: Over 13m euros, broken down as follows:

  • VILLA's: Current ave values for this type of villa in Lanzarote are circa 310,000 per villa, x 22 = 6,820,000
  • DUPLEXES: Current ave values for duplexes in Lanzarote are circa 185,000 x 40 = 7,400,000EUR

 

PRICE: Land & Project are for sale at circa 4.5 million Euros

Contact us now for full details

PHONE: UK: 0800 953 0041. International: 44 800 0041

Or Email: info@landforsalespain.co.uk

Quote Ref IA 002125

 

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