We have a superb opportunity in Puerto Andratx. I am afraid I can’t show photos or details publicly on the website. Suffice to say it is genuinely an incredible reduction and I doubt it will be on the market for long. So this is one for an astute and quick investor to snap up without delay.
In outline, we are looking at a new-build sea view villa that needs the final touches completing. It has 4 beds and 4 baths, and is in a good position in what is one of the prime locations in Mallorca.
The property is obtainable for around Euro 1m and will cost somewhere in the region of Euro 100,000 to 150,000 to complete. The project could be completed in around 3 months and the property could then be sold for around Euro 1.5 to 1.6 million in the current market. The buyer could of course rent the property out and wait for the economic recovery in which case this property is likely to be realistically valued around the Euro 2 million mark.
As I say, I cannot show photos on the web but please email me if you are interested and would like further information.
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