Spanish Residential Development Land For Sale with Planning Permission, Valencia, Spain.

Summary:- Two Parcels of land are for sale here. 

Parcel 1, Spanish Development land: Consisting of approx 480,000m (119 acres) of prime building land with planning permission for 3 to 400 housing units This is an excellent investment prospect, even at very conservative prices the built out sales should gross an absolute minimum of 40 million euros. i,e: a minimum 300 units on good sized plots @ ave 140k per unit = 42 million. Add some apartments, plus leisure (Golf maybe) and the value of commercial retail facilities into the mix and things really start to look exiting.

Parcel 2, Rustic Land: This is an adjoining parcel of rustic land of similar size to the development land, available by separate negotiation. Please not that urban development is not allowable on this land. However it's use for a Golf course or other open area leisure activity ancillary to Parcel 1 is permissible.

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Freephone 0800 953 0041 - Ref IA002077
Price: 3,240,000



Location: Aroya Valley - Valencia

Total development land area: Approx 480,000 m (48hc - 119 acres) 

Total Rustic land area: About same area as above Development land. 

Description and Location: The land is set in the beautiful valley of Ayora in the province of Valencia, this picturesque area is surrounded by mountains, just 10 miles from the Tooth Of Cortes National Park. Although rural, the Ayora valley has excellent communications with easy access to the motorway system, Valencia and Alicante airports are about 75 minutes by car and the coast about 1.5 hours away. There is increasingly strong demand for property in this area from an ever growing influx of British and North European buyers and a chronic shortage of suitable properties for sale to meet this demand. We are of the opinion that the scenery would make an ideal backdrop to a Golf related development.

Planning - History: 

  • Development Land: In 2006 the local town council included this site as 'potential urban development land' in their Town Development Plan and submitted it to the regional government in Valencia for approval. The plan was approved and the land has now been re-zoned as urban development land with planning permission for a total of 50,441m of built area (the total permitted ground floor area for all buildings on the land), this equates to between 300 and 400 Villas, depending on size and mix (more if apartments are maximised), plus commercial floor space.
  • Rustic Land: The adjoining Rustic land (Parcel 2) has no planning permission so cannot be developed, however use of this land as a Golf course (or other leisure activity) is permissible.

Planning - Current Situation: Both local and regional government officials are very keen to see this land developed as soon as possible. The current outline plans propose developing an urbanisation of approx. 300/400 housing units with associated commercial development, shops, restaurants etc. Detailed final plans to develop the land have been held back, so whoever buys the land is free to revise the existing plans or develop and submit their own plans if they wish.

Other Development Possibilities: 

  • Golf/Tourism: The land is ideal to develop as a Golf complex with plenty of land available for one or even two 18 hole golf courses, as well as the residential units & associated retail and leisure facilities and/or possibly one or more hotels.

Land Ownership: 

  • Development land: ownership of the land is invested in a company formed solely to purchase and develop the land. This company is the sole owner of the above described land and is offered for sale unencumbered and free of debt or liability. Purchase options are set out below.
  • Rustic land: The Rustic land is in separate ownership and any sale must be negotiated separately, all reasonable offers will be considered.

Purchase Options (for development site only):

  • Option 1 - Price: 6.5 million Euros (about 4.5m) This option offers staged payments with an initial payment of 1.9 million and the balance paid by quarterly payments over a maximum 2 years. We are willing to negotiate an extended payment period, subject to agreeing a satisfactory financial settlement.
  • Option 2 - Price: 3.25 million Euros (about 2.25m): In consideration of a very quick cash sale, the owners are offering a massive 50% discount, bringing the price down to just  3.25 million Euros (2.25m),  representing a huge bargain and a massive increased profit potential for a cash buyer.

All reasonable offers or proposals will be considered for either parcel of land, contact us now for full details quoting ref: IA001919

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

Or Email: info@landforsalespain.co.uk

Please Quote Ref: IA001919

 

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