Property Details
Complex: N/A
Area: Torviscas Alto
Price: 499,950€
Taxes and fees:
Bathrooms: 5
Interior m2: 350
Exterior m2: 1,100
Reference: PAU26
Additional Features:
Property Photos
SOLD!
Building project. Huge 6 bedroom Villa for sale. New listing for our clients wanting to build their own dream Villa here in Tenerife.
Well if this is for you than why not take a look at this project which is half-finished a very large plot of land of 1,400m2 in total living space of 350,m2 and outside space of 1,100m2.
This is one of the biggest plots in the area with one of the best positions in Roque Del Conde down in the south of the island in Costa Adeje.
We have managed to talk to the owners who have given this property to us to list at 499,950€ which works at around £399,950 which is a very good price for a villa of this size.
The owner has also had talks with construction companies on what sort of cost it would be to finish a project like this and quotes are from 300,000€ up to 350,000€ but this depends on the quality of materials and how much you would want to spend to get it to the standard you want.
A lot of money has already been spent on this project around 770,000€ in total that’s for the buying of the land,building work spent so far around 250,000€ and also 80,000€ on the licenses and all admin work and architects fees.
This whole project would save you 2 years of work from the moment they started up to now and this could all be finished and ready to move into in around 6/12 months.
We have looked at all the sums on this project and we think that someone wanting to take over this property would save themselves around 250,000€ a huge saving on such a great bargain.
Now we at Properties Are Us have all the information on this project and anyone wanting a mortgage or a look at the plans again we can go through this with you.
So why not drop us an email or give us a call or even pop into our office for a chat we look forward to hearing from you.
Mortgages options
Our mortgage pre-qualification service is free of charge. Contact us now to pre-qualify and we can tell you you how much you can borrow, the paperwork you need and what it will all cost.
Property Map
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