Spanish Residential Development Land For Sale with Planning
Permission, Valencia, Spain.
Location: Aroya Valley - Valencia
Total development land area: Approx 480,000 m² (48hc - 119 acres)
Total Rustic land area: About same area as above Development land.
Description and Location: The land is set in the beautiful valley of Ayora in the province of Valencia,
this picturesque area is surrounded by mountains, just 10 miles from the Tooth Of
Cortes National Park. Although rural, the Ayora valley has excellent communications with easy access to the motorway system, Valencia and Alicante airports
are about 75 minutes by car and the coast about 1.5 hours away. There is
increasingly strong demand for property in this area from an ever growing influx of British and North European
buyers and a
chronic shortage of suitable properties for sale to meet this demand. We are of the opinion that the scenery would make an ideal backdrop to a Golf related
development.
Planning - History:
- Development Land: In 2006 the local town council included
this site as 'potential urban development land' in their
Town Development Plan and submitted it to the regional government in Valencia
for approval. The plan was approved and the land has
now been re-zoned as urban development land with
planning permission for a total of 50,441m² of
built area (the total permitted ground floor area
for all buildings on the land), this equates to
between 300 and 400 Villas, depending
on size and mix (more if apartments are maximised),
plus commercial floor space.
- Rustic Land: The adjoining
Rustic land (Parcel 2) has no planning permission so cannot be developed, however use of this land as a Golf
course (or other leisure activity) is permissible.
Planning - Current Situation: Both local and regional government
officials are very
keen to see this land developed as soon as possible. The current outline plans
propose developing an urbanisation of approx. 300/400 housing units with associated
commercial development, shops, restaurants etc.
Detailed final plans to develop the land have been held back, so whoever buys the land is free to
revise the existing plans or develop and submit their own plans if they wish.
Other Development Possibilities:
- Golf/Tourism: The land is ideal to develop as a Golf complex with plenty of land
available for one or even two 18 hole golf courses, as well as the
residential units & associated retail and leisure
facilities and/or possibly one or more hotels.
Land Ownership:
- Development land: ownership of the land is invested in a company formed solely
to purchase and develop the land. This company is the sole owner of the above described land
and is offered for sale unencumbered and free of
debt or liability. Purchase options are set out
below.
- Rustic land: The Rustic land is in separate ownership
and any sale must be negotiated separately, all
reasonable offers will be considered.
Purchase Options (for development site only):
- Option 1 - Price: €6.5 million Euros (about £4.5m):
This option offers staged payments with an initial payment of €1.9
million and the balance paid by quarterly payments over a
maximum 2 years. We are willing to negotiate an
extended payment period, subject to agreeing a satisfactory
financial settlement.
- Option 2 - Price: €3.25 million Euros (about £2.25m): In
consideration of a very quick cash sale, the owners are offering
a massive 50% discount, bringing the price down to
just €3.25 million Euros (£2.25m),
representing a huge bargain and a massive increased profit
potential for a cash buyer.
All reasonable offers or proposals will be considered for either parcel of
land, contact us now for
full details quoting ref: IA001919
PHONE: UK: 0800 953 0041. International: 44 800 0041
Or Email: info@landforsalespain.co.uk
Please Quote Ref: IA001919
|
Freephone 0800 953 0041 - Ref
IA002077
Price: € 3,240,000