Urban Plot. Finestrat Balcony

Urban plot of 6,590 m2 in Balcón de Finestrat

To build 12 townhouses and 6 villas with a pool

Views of the mountain and Golf Course

URBAN PLOTS FINESTRAT

PLOT AIS-14

3,170.00 m2 Land

2,092.36 m2 Occupancy

760.80 m2 Construction: 6 Dwellings with 127 m2 of construction plus basement (not counted).

Construction Cost: 760.80 m2 x 1,800 €/m2 = 1,369,440.00 €

6 Basements of 100 m2 x 500.00 € = 300,000.00 €

Total Construction Cost: 1,669,440.00 €

Sales: 6 Dwellings x 650,000.00 € = 3,900,000.00 € with a 100 m2 basement.

Agencies Commission 7% = -273,000.00 €

Sales Subtotal: 3,627,000.00 €

To deduct Construction Cost: -1,669,440.00 €

Final Sales Result: 1,957,560.00 €

PLOT FL-03

3,420.00 m2 Land

2,589.71 m2 Occupancy

1,026.00 m2 Construction: 10 Dwellings with 103 m2 of construction plus basement (not counted)

Construction Cost: 1,026.00 m2 x 1,800 €/m2 = 1,846,800.00 €

10 Basements of 70 m2 x 500 € = 350,000.00 €

Total Construction Cost: 2,196,800.00 €

Sales: 10 Dwellings x 550,000.00 € = 5,500,000.00 € with a 70 m2 basement.

Agencies Commission 7% = -385,000.00 €

Sales Subtotal: 5,115,000.00 €

To deduct Construction Cost: -2,196,800.00 €

Final Sales Result: 2,918,200.00 €

CONSTRUCTION RESULT: 4,875,760.00 €

REMAINING LAND PURCHASE COST: 1,400,000.00 €

FINAL CONSTRUCTION PROFIT: 3,475,760.00 €

The two plots are located on the front line of the Puig Campana golf course, just 200 meters from the plots is the public preschool and primary school CEIP Balcón de Finestrat.

New Secondary Education institute about 800 meters from the plot. Projected preschool and primary school just a few meters from the plots.

Alicante International Airport is 40 minutes away.