San Gual, MallorcaA fantastic opportunity to buy a plot of land in Mallorca and build your own spacious, bespoke, architect-designed villa. From here you can enjoy a wonderful lifestyle in the exclusive area of Son Gual, just a 15 minute drive into the hills above the Bay of Palma – with excellent panoramic views.
An investment of approx. €235.000 will enable you to secure a plot of land in the region of 2,000 sq.m and, subject to status, build your own luxury, architect designed bespoke villa. These villas are expected to value up at €2,000,000 or more. So far only 5 villas have been built on the development and re-sale prices vary from €2.5m to €6.0m! For comparison purposes, the land and building of a 380sq.m villa on a similar plot is expected to cost in the region of €1.05 million with, subject to status and bank agreement, approx. 20% being invested by the purchaser. A bank has already been lined up to arrange the three stage build funding. Current valuations obtained from a reputable estate agent already indicate that a similar finished 380sq. m villa would be worth in the region of €1.75m at today’s prices. The villas also lend themselves beautifully to the concept of “Fractional Ownership”, something which has been applied very successfully in the U.S.A. and, over recent years, in countries such as Portugal and mainland Spain For more information about San Gual, Mallorca >> |