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NEW DEVELOPMENTS IN FRIGILIANA FOR SALE

New Developments, Frigiliana | MNNRP1617




  • Bedrooms:
  • Price: €850,000
  • Reference: MNNRP1617
  • Tel: Nerja Realty +34 952 522 180

Description

THE MOLINETA BUILDING PROJECT
This is new unique development opportunity and one of the first on offer since the property crash of 2006/7
Recently there has been clear evidence that the market in this area of Spain (Nerja and the surrounding area) is recovering with sales and prices increasing.
Demand is most buoyant for good quality, property and there has been a significant increase in high value Scandinavian clients, who demand and expect a high quality product.

Demand seems to be for contemporary design and first class fittings in kitchens and bathrooms and high energy efficiency standards, such as solar panels.
La Molineta will meet these demands and is being promoted in the right location at the right time making it a sound investment opportunity.

The land designated for this project is situated just off the road between Nerja and Frigiliana at the edge of Frigiallana Village.
This is a prime location with easy access to all amenities including public transport.
The ever popular seaside town of Nerja is only 5 minutes away by car.

All houses will benefit from spectacular views over the valley down to Nerja and the Mediterranean sea.
The orientation is south and will benefit from all day sunshine in a location voted as having the best climate in Europe

The project is to be built on urban land, and definite approval, for three blocks of houses (a total of sixteen houses) and a total amount of built area of one thousand seven hundred and forty six point fifty-two square meters (1746.52m²), was given by the Town Council of Frigiliana on July 26, 2010.
The sale price of the land with the basic project and the definite permission is EIGHT HUNDRED AND FIFTY THOUSAND EUROS (€ 850,000)
The return per square meter of construction with the direct purchase price of the land would be € 486.68 / m².
There is a variety of house sizes both 2 and 3 bedrooms all with terraces some with gardens - something to suit most requirements both structurally and financially.
The urbanization will have a communal swimming pool gardens and fountains and is envisaged to be a gated community offering a high level of security to residents.
The site and project are ready to go and work can commence immediately.
In summary, this is an excellent and unique investment opportunity which will allow investors to take advantage of currently reduced construction and land costs at a time and in a location where prices of houses are on the increase.

Features

  • Type: New Developments
  • Bedrooms:
  • Bathrooms:
  • Pool: No
  • Parking: --
  • Reference: MNNRP1617

Price

  • €850000

Full Details

Click here to see the full property listing and contact details on the agent's website.

Nerja Realty WebsiteNerja Realty
Calle Diputacion 21, Izq.,
Nerja 29780, Málaga
Tel: +34 952 522 180

More Information

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Posted in Frigiliana, Property, Sale, on Thursday 17th of March 2016. Cached: 17/03/16 : 17:15:58
Please Note: All details are provided in good faith but without prejudice and should be verified independently. The details do not form part of any contractual offer.
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Nerja Realty WebsiteNerja Realty
Calle Diputacion 21, Izq.,
Nerja 29780, Málaga
Tel: +34 952 522 180
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