Ref: HS1209306

Land for sale in Sal, Barlavento (Northern Islands), Cape Verde

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EUR €130,000 (approx. GBP £108,969)

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Property Details

Property: Land (Resale)
Bedrooms: N/A
Bathrooms: N/A
Receptions: N/A

DOUBLE PLOT OF LAND IN SANTA MARIA

Features

JUST 130,000 EUROS FOR 2 SOUTH FACING PLOTS IN SANTA MARIA. Two excellent south facing end plots of land in Santa Maria , suitable for apartment construction. Ground floor + 3 floors allowed on double plots like these. This will create a south facing end plot, suitable for construction of 16 apartments. Detailed information Example of estimated build costs and possible profit.- PLOT 182 is 16,00x10,00m and PLOT 183 is 16,00x13,00m. You can build 20m x11m on the 2 plots, that means about 950 sq.m. of construction on 4 floors (also considering the floor area on projected cantilevers starting from the 1st floor). Construction cost: 950x500E/sq.m = 475.000 E Land 130.000 E __________ Total cost 605.000 E Sales 950m x1.100E/sq.m (minimum) = 1.045.000 E Profit 440.000 E

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