Discover an exceptional investment opportunity with this strategically located urban commercial plot in Las Chismosas, Orihuela Costa. Situated within a well-established residential area boasting a high density of permanent and international residents, this location is perfectly suited for thriving commercial ventures.
The plot spans 1,206.96 sqm, offering a generous buildable area of up to 587 sqm. The meticulously planned project includes the development of three distinct commercial units, with the option of incorporating a basement level. These units are versatile and ideal for various tertiary uses, such as:
- Offices
- Educational academies
- Restaurants
- Other commercial activities compatible with tertiary zoning.
A comprehensive feasibility study, encompassing preliminary design, technical layout studies, and 3D visualization, is already available, streamlining the initial stages of development. The estimated total investment for this project is €1,090,000, covering the plot acquisition (€250,000), construction costs, technical project, and necessary licenses.
This investment promises significant financial returns:
- Projected rental income: €6,800 per month (or €81,600 annually)
- Estimated gross annual yield: 7.49%
- Anticipated payback period: 13 to 14 years
Its prime position, close to major access routes and essential services, ensures the attraction of stable operators and fosters medium-to-long-term lease agreements. This reduces volatility and enhances the asset's overall stability and potential for capital appreciation. This is an ideal proposition for investors seeking well-dimensioned commercial assets, superior returns, recurring income, and robust asset consolidation on the Costa Blanca. We are ready to provide full assistance throughout the entire development process.
The plot is offered at €250,000. Please note that taxes and purchase costs are not included, and agency fees for the buyer are incorporated into the asking price.
