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Ref: PLOT 360, SANTA MARIA

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LAND PLOT 360 , SANTA MARIA FOR 80,000 EUROS
  • Location:
  • Sal, Cape Verde
  • Price:
  •  € 80,000  
  • Property Type:
  • Land
  • Listing Type:
  • For Sale
  • No. of beds:
  • Land:
  • 256
  • Distance from the Sea:
  • Walking
  • Distance from the Airport:
  • 15 mins


    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.