Spanish Investment Land For Sale With Good Development
76,000mē (18.5 Acres) of land for sale. Andalucia,
Land View 1: The large white house in the centre with
spectacular scenery in the background, is close by the proposed golf club
Land View 2: View across the
land which extends beyond the near ridge line.
Land View 3: View down into the valley,
the ridge from the previous image is on the right.
Land View 4: The views
from the property are magnificent. Enjoy the scenery as you dine in one of the first class restaurants on site.
LandInSpain - Spanish investment land for sale in Spain.
Andalucia land development and land purchase opportunities.
Investment land In Spain:
INTRODUCTION - The land is situated in the south east region of Andalucia
where both the local
and regional government are fully committed to promoting increased employment and sustainable economic growth in designated areas of the
province. To this end they are encouraging development of undeveloped
Regardo land (wet land), to attract investment from
the private sector.
In support of their land development plans, the Andalusia government has received,
EEC Objective 2 grant status. As a result, massive EU investment has funded the ongoing
development of a coastal and inland motorways and ancillary interlinking secondary
road networks, as well as new damns and improvements to the water
and electricity distribution infrastructure. These programmes
are now in their final stages of completion, ensuring good roads and sufficient
power and water is available to support the anticipated new private sector
property investment and development
LAND LOCATION - The property is situated close to Albox, about 30 miles
inland from the coast in south east Andalusia. Not
far from the newly upgraded A-334 main highway. The land is about 10-12 minutes from
Albox, 15 minutes from
Arboleas and about 45 minutes from the Mediterranean at Purto
Del Rey. Aguilas is 40 miles. Murcia (the closest Airport) is 77 miles, other
airports are at Almeria, 80 miles, Granada, 127 miles, Alicante, 123 miles, all airports
are, or soon will be, accessible via the new motorway network.
GENERAL INFORMATION: This is one of the last remaining parts of southern Spain where property prices are considered good
value and the crime rate is so low as to be almost nonexistent. This has
precipitated a general upsurge in new build residential properties throughout the entire area, between the A-92N and the E15 motorway network.
Most of these new builds are targeted at northern European buyers.
Although largely rural, this is a quite densely populated area with hundreds of small
and large villages, plus neighbouring villages and towns located in the nearby
hills. The population comprises both Spanish and a rapidly growing
comunity of north European expatriates, in particular, the Albox area has a large British population
which is growing steadily. In addition, the new motorway and newly upgraded
local roads have made this area easily accessible
to large numbers of residents from much further afield, such as the areas around
Huercal Overa, Pulpi, Aquilas, and the rapidly growing Lorca area.
Even with the lack of hotels, an influx of tourists in summer increases the population
by at least 25% and by about 15% in winter. This is because a large number of residents,
both Spanish and expats, operate their own investment properties for letting, and/or have friends and family visiting for
the summer and winter holidays. In spite of this not inconsiderable influx, when
it comes to leisure and retail facilities, the area is still largely
underdeveloped with very little in the way of leisure development or golf, no
major shopping centres and few hotels or restaurants.
Virtually all local retail is aimed at Spanish people and a development with the right mix of retail and leisure will
not only attract local expat's and Spanish, but also attract people from much
farther afield. We believe that with the right development plan, Golf immediately springs to
mind (additional land can be found for a course if required), and good marketing, this site would attract customers as far afield as Almeria, Granada and Murcia as well as from the more local conurbations of Albox and the Amanzora valley, Velez Rubio, Baza and Lorca, plus of course people from the coast as this will be less than an hour away from places like Mojacar and
Demographics from the town hall can be made available to interested parties.
ACCESS - Access to the land is currently by an unpaved road which is scheduled to be upgraded to
tarmac by the local council in the very near future.
SERVICES - The land has its own independent water supply, estimated cost of electricity connection
to the property is about 30,000 euros.
LAND DESIGNATION - The land is currently undergoing re-designation as Regado or Wet land. This designation
is the key to unlocking the development potential of the land, as (under
Spannish planning law) it will result in the land becoming eligible for development.
PLANNING HISTORY - The land owners have had detailed plans drawn up to build a
golf/commercial/residential complex with mixed residential, retail shops, hotel, car park,
Golf, swimming pools, play area, gymnasium, bars and restaurants, etc.
They have consulted extensively with the local Mayor and council who have
seen the plans and are enthusiastic over the proposed development, but no
application has been submitted for formal approval.
PLANNING PROSPECTS - The transition from Secano Land to Regado
Land makes this an ideal time to work up development proposals for the
land with the Mayor, Andalucia Junta (Chief Planners) and local government officials.
A copy of the original architect plans for the site can be provided and
preliminary meetings, with the Junta, local authority and the Mayor, can be arranged at short
notice to discuss their
attitudes to development on the land.
Before entering into discussions/negotiations with planners etc, we strongly recommend
interested parties consider representation by a local company, familiar with the area, and having the right contacts within the
Andalucia Junta (planners) and the local council. We would be happy to recommend suitable
companies if requested.
CONCLUSION - There has been a very positive response, from both
the local population and council officials, for a development of the type
suggested for the land. Both the Mayor and council are highly likely to look
favourably at, and provide support for, imaginative and genuine development proposals.
With permission in place for development the estimated land value is circa 6 million Euro.
ASKING PRICE: The Freehold is For Immediate Sale at just 700,000 Euro.
Alternatively, an "Option to Purchase" agreement on the land may be available to the right candidate.
Terms are 10%
of current purchase price and a negotiable percentage of the end value of the
property with planning permission in place.
hold additional information on the land regarding infrastructure
and practicalities, interested parties should contact us at your earliest quoting
PHONE: UK: 0800 953 0041. From Outside The UK: 44 800 0041
Or Email: firstname.lastname@example.org
Quote Ref IA 001690