Nice building land in the center of Santa Eulalia for 63 apartments

Urban plot in the old town just 3 minutes to the beach from Santa Eulalia (license to be renewed).

Underground with 213 parking spaces.

1869 m2 flat and premises built on ground floor

1st Floor Built 1819 m2

2nd floor built up 1819 m2

3rd floor 3 bedroom penthouse utility 1613 m2
Penthouse Duplex Plus 821

Selling price:

213 Parking X       10.000 - 15.000 EU

63 apartments x  350.000,- Avg

8 local commercials  300.000,- each

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selling price

2.130.000,-         Parking
22.050.00,-         Apartment

2.400.000,-         local

Total 26.580.000, -

Purchase cost

Price : 7.000.000,- Euro asking price plus 10% purchase cost

Construction cost 6.000.000,- to 7.000.000,-

Total cost 13.000.000,-

Total VP : 26.580.000,- (in plan)

The bank is financing the construction!

No new development in Ibiza immediately sold under the project 30% first year, 2 º e year 40% built fleche sold remaining 30% with updated price true 2019.

Exact location of this plot!!

Calle de Sant Josep, 23

Please contact Christian Wolff for more details or viewings!!!!!