THIS IS AN EXCELLENT END PLOT FOR CONSTRUCTION OF UP TO 8 APARTMENTS IN SANTA MARIA TOWN OR FOR JUST HOLDING FOR INVESTMENT. PLOT 360 is 16,00 x 16,00m = 256,00 sq.m. 80,000 EURO.
You can build 12 x11 m. That means about 500 sq.m. of construction on 4 floors and 8 apartments , one and two bedrooms .
Construction cost: 500x500E/sq.m = 250 .000 E
Land 80.000 E
Total cost 330.000 E
Sales 450x1.100E/sq.m (minimum) = 550.000 E
Estimated profit 220,000 euros at todays prices.