Regular readers will know I am not exactly a “bull” when it comes to the Mallorca property market, the problem of finding good value in a market where many asking prices defy logic, and where I think we will be going in the future. Despite my view that the light at the end of the tunnel is just a spek in the minds eye and never has the saying “buyer beware” been so apt, I do feel that it is possible to buy and even on occasions it could be a good time to buy!
In this regard a development plot situated in one of Mallorca’s best addresses, Soller, enjoying sea views and access to high class amenities, is certainly worth a look. When looking at the key chriteria for analysing any investment opportunity the results are encouraging – location; price (just reduced); planning permission in place reducing the lead in time (but chance to amend for those wishing to add their own “touch”); flexible options (opportunity to build a large detached villa or two semi detached houses); and good time to find competitive building quotes, I really like this one.
Details are as follows (taken from the web site)
“Wonderful opportunity to acquire a large development plot in the Port of Soller enjoying stunning sea and mountain views and offering the purchaser planning permission for a large detached villa or, for an investor, two semi detached houses.
Located in one of the best areas over looking the Port and Bay of Soller the plot is situated in a quiet residential area yet within a short distance of the sophisticated bars, restaurants and cafes of the Puerto Soller.
With planning permission granted, the long lead in time often needed for new build projects has been taken away, while for those wishing to adapt plans to their own style and requirements again the project is at a stage that this can easily be facilitated. Whether you are investor looking at the large villa option, or building the two smaller houses, or a private owner looking for a good value way to owning a luxury villa at a fraction of the cost of many finished properties on the market, this is a very interesting opportunity“.
If you would like us to help you find a site or property please contact . For Valuation,and investment and development appraisal advice see rs