Property experts project an Annual rate of return of :
20.00%
the return on your investment in one year:
€861,910
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on "Canada del Gran Capitan"
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TYPE OF LAND: Urban land.
LOCATION: Villanueva del Rio Segura-Murcia-Spain.
Next to Archena roman Spa, and 15 minutes away from Mula and Fortuna Spas.
• 70 kilometers away from Alicante Airport.
•40 kilometers away from Murcia Airport.
Development plan area: 59,034.95 sq.m.
Public services area: 2,951.74sq.m. (5%).
Public green zones: 2,951.54 sq.m. (5%).
Private unbuilt area: 5,903.49 sq.m.
Residential floor space: 14,758.73 sq.m.
The project consists of 22 three-floor blocks, 6 flats per floor: 4 two-bedroom flats ( built-up area: 78.76 sq.m. / unit) and 1 three-bedroom flat (built-up area 91.42 sq.m.) and 1 one-bedroom flat (built-up area 63.56 sq.m.) plus 7 four floor blocks, 8 flats per floor: 6 two-bedroom flats (built-up area 78.76 sq.m./ unit, 1 three-bedroom flat (built-up area 91.42 sq.m.) and 1 one-bed-room flat (built-up area 63.56 sq.m.).
Summary:
• 130 two-bedroom units (built-up area 78,76 sq.m. + 33,43 sq.m. terrace/unit)
• 29 one-bedroom units (built-up area 63,56 sq.m. + 57,86 sq.m. terrace/unit)
• 29 three-bedroom units (built-up area 91,42 sq.m. + 36,45 sq.m. terrace/unit)
PRICE PER SQUARE METER: 73€/sq.m.
TOTAL PRICE OF THE LAND: 4,309,551.35 €.
This second phase, La Cañada del Gran Capitán II, should be paid at the time the Project get the urbanitation license.