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Ref: PLOT 201, CVP SAL 012

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PLOT 201, 160M/SQ, SANTA MARIA , SAL. EXCELLENT INVESTMENT.
  • Location:
  • Sal, Cape Verde
  • Price:
  •  € 80,000  
  • Property Type:
  • Land
  • Listing Type:
  • For Sale
  • No. of beds:
  • Land:
  • 160


    Plot 201 is a 160m/sq plot priced at 80,000 in Santa Maria town, suitable for the construction of 8 apartments. 


    Example of build costs, selling at 1100 m/sq. (Properties in Santa Maria sell from 1000 to 3000 euros a square meter and this is rising).


    PLOT 201 is 16,00x10,00m  = 160,00 sq.m.


    You can build on 10m x11m of the land which allows approximately  450 sq.m. of construction on 4 floors totalling 8 one bedroom apartments.

      

    Construction cost:   450m x500E/sq.m build costs      225.000 E

    Land cost                                                                80.000 E

                                                                                  __________

    Total cost                                                                305,000 E

    Sales  450x 1100E/sq.m sales price (min)               = 495,000 E

    Estimated profit                                                   = 190,000 E