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Ref: DOUBLE PLOT 182- 183 CVP SAL 022

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DOUBLE PLOT OF LAND IN SANTA MARIA - PLOTS 182 AND 183 SUITABLE FOR CONSTRUCTION OF 16 APARTMENTS
  • Location:
  • Sal, Cape Verde
  • Price:
  •  € 130,000  
  • Property Type:
  • Land
  • Listing Type:
  • For Sale
  • No. of beds:
  • Land:
  • 320
  • Distance from the Sea:
  • Walking


    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


    Property Types:


    Enlarge Image
    PLOT 360 REGISTRY DOC AND LOCATION
    PLOT 360 REGISTRY DOC AND LOCATION

    Enlarge Image
    SIMILAR SORT OF DEVELOPMENT WHICH CAN BE BUILT ON PLOT 360
    UP TO 8 APARTMENTS WITH 2 ON EACH FLOOR.
    Documents:

    PLOT MAP - PLOT MAP WHICH SHOWS THE LOCATION OF 182 AND 183