Arona, Canary Islands 38640

Urban residential plot of 2.319 square metres, an excellent option for the development of 6 detached villas in one of the most exclusive areas of Tenerife South. Technical details of the plot: Buildability: 0.7 m/m. Maximum occupancy: 25% of the plot Number of independent plots into which the plot could be divided: 6 Approximate area per plot: 386, 5 m. Buildable area for each plot: 135 m2 Total buildable area: 810 m2 Approximate construction price: 1.620.000. Approximate selling price of the villas: 4.860.000. Estimated profit: 1.455.000. This plot offers ample space to create projects such as luxury detached villas, maximising its strategic location. Palm-Mar stands out for its quiet and residential atmosphere, as well as having all services nearby and easy access to the main roads of the island. Its proximity to beaches and natural surroundings make it a highly sought after location for both residents and investors. With great potential for major developments, this land is ideal for investors, construction companies or developers looking for a modern and profitable project in an area in constant growth. The high demand for housing and services in Palm-Mar guarantees an excellent opportunity for high profitability in a strategic location. for more information or any queries - we are here to guide you through the whole process!