Looking to invest in Ibiza? This land allows you to construct 1 or 2 villas (of max 432,9m2 each) and enjoy a good return on investment. The plot is located in a very residential zone in a private area. Once ready, the first floor will have beautiful sea views. Currently, there is an old structure on the plot which will need to be removed in order to split the land and construct 2 new villas. The Town Hall is very keen on having these old structures removed and, as the land is classified as Urban, a building license should be in place very soon.
Total Surface of the Plot: 2.886 M2
Divided into: 1.443 M2 each
Buildability: 0,30% of the surface of each plot after division
Maximum surface built for each plot: 432,9 m2
The plot has a very central location on the west side of the island. Beach Clubs like Sunset Ashram and Cala Bassa Beach Club are just a 10-minute drive away. Good restaurants like Can Berri Vell and POM Thai are just around the corner and the beach is just a 10-minute walk away.
We do have all of the paperwork on hand and with the help of our (technical) architect, we can assist with any questions you might have about this plot.
The commercial value is very good as one could construct a villa at €1.200.000 with a market value of €1.500.000 to €1.600.000. Please ask us for more detailed calculations supporting the numbers.