Investment project - Villa in Moraira, Alicante, Spain
Property Villa Price of lot 550.000 € Location Moraira, Alicante, Spain Area 290 m2 Plot 690 m2 Additional investment cost 263.000 € Espected market price 1.212.000 € Profit estimated 741.500 € Expected margin 90%
The villa is located in the luxury residential area of Moraira, Costa Blanca (Spain) just 5 min walking distance to the romantic city center, the port and restaurants.
The house is 290 m2, the plot is 690m2. There is a swimming pool.
The villa needs complete renovation as for now there are only the construction walls. It can be created, for example, 5 bedrooms, 4 bathrooms, parking, and a barbecue area.
This project is interesting as for direct resale as well as for rental business, because the villa is situated in the luxury area with high demand on renting.
The estimated repair time is 3-4 months, repair costs are 150-200.000€.
Average current price of the such villa in good conditions in this zone is 950.000€.
In case of renting business estimated rental income of at least 70.000€/year.
Expected market price after 5 years of renting is 1.212.000 €
Contact us to discuss this investment project and to get more detailed calculation!
Цена | 650 000 € |
Местоположение | Испания, Морайра |
Площадь | 290 м² |
Спальни | 5 |
Комнаты | 6 |
Ванные | 4 |
Тип недвижимости | Виллы и дома |