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Hidden Listing

Completed villa project and development plots

Andalusia, Spain

59%

€20.000.000

Residential investment

Value-Add

2 Nov 2022

#14929

Property Details

200

888 €/m²

0

Freehold

For sale

Authorized representative

X

Fees

0.00 %

2.00 %

1.60 %

0.40 %

Investment Overview

An off-market opportunity exists to acquire 208 units within a villa project and 45 (subrogated from 34) licensed villa development plots located within the Costa Esuri masterplan, close to the Portuguese border. The assets are currently held by SAREB and subject to the banks liquidation proceedings. Existing roads and general infrastructure that has been already made. The proposed acquisition units consist of Townhouses (various types), semi-detached villas and detached villas.