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708446 | Top Invest Malaga 114 License for Apart-hotel use

Top Invest Malaga 114 License for Apart-hotel use
Type: buy
Price€6.500.000,00
Seller
Quantity: 1
Availability: yes
Location: Malaga, Spain

Top Invest Malaga 114 License for Apart-hotel use 114 apartments and parking, 1 km from beach -Sea views, They have already built, and completed 35%  4,2  mill  invested,  + cost of land Estimated costs to completed project 8 mill we sell for only 6.5M on the Costa Del Sol in Spain.

Resort  under construction see  photos attached location and views

License for Apart-hotel use 114 apartments and parking,

There are  14,000 m total built included basement with parking spaces

Location east of Málaga, just 30 km from airport

1 km from beach -Sea views

I have attached the views from the resort and a floorplan of  floor type 114 apartments

works started on 2008, but stop due to crisis

the license is still active as owners kepts renovating the process

Works can be completed  in a 6 months period

There are  130  parking units on basement

Actual license use for aparthotel.

Land use : retail – aparthotel

They construction of a new  building  turn key would be  900€ per square meter, total cost 12,6 mill €

They have already built, and completed 35%  4,2  mill  invested,  + cost of land

Estimated costs to completed project 8 mill.

Sales price of land and  35% of works  6 mill + estimation completion works  8 mill€ Total 14, mill

Total surface 14,000 meters ,  final  project costs included land   1000 eruos per square meter

NDA and proof of funds requested for further information, project and copy of licenses


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