Development Land For Sale Lanzarote, with Planning Permission for
22 Villa's & 40 Duplexes
BUILDING LAND FOR SALE IN LANZAROTE, CANARY ISLANDS, SPAIN
Land Location - Tinajo, North West Lanzarote, near golf course with some sea
views.
Development Type - Residential project with (optional) associated small retail/commercial
development
Total Land Area - 12,000m² (about 3 acres)
Planning - Permission granted on 8,000m² of the land for 22 x 300m² plots to build chalet style villas of
180m² (60% plot
size) and 1,400m²for 40 x 90m² Duplexes (100% plot size). An alternative plan
cuts Duplexes to 35 x 90m² in order to release 450m² of land for
retail/commercial development.
Estimated Land Built-Out Value: Over €13m euros, broken down as follows:
- VILLA's: Current ave values for this type of villa in
Lanzarote are circa €310,000 per villa, x 22 =
€6,820,000
- DUPLEXES: Current ave values for duplexes in Lanzarote
are circa €185,000 x 40 = €7,400,000EUR
PRICE: Land & Project are for sale at circa €4.5 million Euros
Contact us now for full details
PHONE: UK: 0800 953 0041. International: 44 800 0041
Or Email: info@landforsalespain.co.uk
Quote Ref IA 002125
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Tinajo - Lanzarote
Freephone 0800 953 0041 - Ref # IA002125 
Cost €4,500,000