Castile-Leon, Avila, El Arenal, Spain
- PROPERTY TYPE
Land
- SIZE
30,139 sq ft
2,800 sq m
Description
This plot of land is a unique opportunity to acquire an area in Mallorca with enormous investment potential and the opportunity and plans to reform the existing building back into a hotel as it was originally built, or demolished and excavated to build a new block of apartments with penthouses.
It is possible to construct 4 levels (700m2 each level) plus a basement for underground parking at another 1400m2 with up to 30 apartments including the penthouses on the 4th floor.
The plot is half surrounded by green zones, providing natural views for each apartment whilst the 3rd and 4th floors also offer sea views over Palma.
Recent development and investment of the roads have been made and amenities in the immediate area by the council have now connected the plot to easier access to the motorway (5 minutes) and the airport is just 9km away.
With sun all day and just 400m to the amazing beach of El Arenal, plus all the shops, restaurants and cafes this project will work for either option of a hotel reform or new build apartment block.
Castile-Leon, Avila, El Arenal, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Palma de Mallorca(International)3.7 miles
- Menorca(International)81.9 miles
- Ibiza/San José(International)86.3 miles
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About the agent
Sandberg Estates, Portals Nous
Carrer Garcilaso de la Vega, 1, Local 5, 07181 Portals Nous, Illes Balears Illes Baleares 07181
Welcome to Sandberg Estates Mallorca, a thriving Real Estate company on the island of Mallorca with over 20 years of experience. A small family run company who strives to provide a personalised and professional experience to all our clients.
We work with a personal touch to assure both buyers and sellers our boutique service. Our goal being to build a relationship with you, allowing us to understand exactly what you are looking for whilst finding you the property you've been dreaming ab
Notes
This is a property advertisement provided and maintained by Sandberg Estates, Portals Nous (reference 30438) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.