New buildAvailable
Prime Development Plot for 6 Apartments – Only 200m from the Beach
Costa Blanca South
The plan
**Urban building plot on the beautiful beach of Guardamar. The plot allows for a three-storey development with potential for six apartments, making it an excellent residential development opportunity just steps from the beach.**
Full breakdown
- Purchase price
- €210,000≈ £181,000
- IVA + AJD
- €23,940≈ £21,000
- Notario, registro, gestoría, other
- €7,250≈ £6,238
- Refurb incl. contingency
- €0
- Build cost incl. architect, licence and project
- €712,800≈ £613,000
- Total invested
- €953,990≈ £821,000
- Value after
- €1,530,000≈ £1,316,000
- Term rent (9 months)
- €40,500≈ £35,000
- Running costs per year
- −€2,525≈ −£2,173
- Net rent per year (term only)
- €37,975≈ £33,000
- Summer lets (12 weeks at 75% occupancy, after 25% costs)
- €315,900≈ £272,000
- Gross yield
- 4.2%
- Net rental yieldAfter running costs, before tax
- 4%
- With summer letsPotential, not guaranteed
- 37.1%
- Sale price minus selling costs
- €1,453,500≈ £1,251,000
- Profit if sold
- €499,510≈ £430,000
- Return on a sale
- 52.4%
Figures are estimates based on current quotes and agent valuations. Tax depends on how you buy; your adviser confirms it. £ figures are approximate. €1 = £0.86, updated daily.
Interested in this one?
Send a message and we'll go through the numbers, the structure and the timeline together.