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s'illot, balearic islands, 07687, spain

$580,000.00 Icon
1,250 Sq M
  • Any

Fantastic Investment on this Land Located 500 Meters from the Beach Between S'ìllot and Cala Morlanda.

Reference: 221-PRY-fb168556

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PROPERTY DESCRIPTION

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Fantastic investment opportunity in this urban and divisible plot of 1,250 square meters, located just 500 meters from the beach, on the outskirts between S'ìllot and Cala Morlanda, part of the municipality of Manacor. This large urban lot offers various possibilities for constructing condominiums or villas. Currently, it is permissible to build up to three stories under the existing regulations. The property is rectangular in shape, situated on two corners, flat, and offers unobstructed views, with neighboring buildings limited to one story.
There are plans to modify the regulations with additional restrictions, but it would still be possible to build a ground floor and two additional floors, totaling 2,250 square meters plus 250 square meters on the ground floor exclusively for parking. The occupancy rate is 60%, increasing to 80% for parking facilities. The property includes an existing project. Do not hesitate to contact us if you wish to invest in an urban project close to the coast and in a tranquil area, perfect for year-round living or as a second home for your holiday months

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PROPERTY DETAILS

  • Property type Any
  • Property Size 1,250 Sq M
  • Cooling Yes
  • Heating Yes
  • Air Conditioning Yes

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