Building plot in Adeje (centre) ID 1293

In the municipal center of Adehe, in the south of the island, a plot for building a residential building is offered for sale. There is an approved project and estimate.
The project involves the construction of 6 apartment buildings (50m2 each), with 2 commercial premises (30m2 each) on the ground floor and a garage for 6 parking spaces. The cost of a plot with a project, a building license and technical support will be 380,000 euros. The turnkey construction costs will amount to 450,000 euros. Total € 830,000. Income from the sale is assumed to be approximately 45-50% of the invested amounts. More details on request.