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LAND PLOT IN SAL, Santa Maria, Sal

60,000

Land For Sale

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

CAPE VERDE PROPERTY HAVE A SELECTION OF LAND PLOTS AVAILABLE.

No floorplans available for this property

No EPC available for this property

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Office Details

cape verde
Number 3, Residence Isla do Fogo Rua 1 De Junho
Santa Maria
Sal
00238 242 2041
sales@capeverdeproperty.co.uk

Make an Offer on this Property

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