Tias, Lanzarote - Building LandTias is a typical Lanzarote village just above the popular town of Puerto del Carmen. Very popular with both residents and holiday home buyers, Tias is just 3 minutes from the beaches and harbour of Puerto del Carmen and 10 minutes from the Airport.
Total land area - 9,535m2
Cede to Town Hall 10% - 954m2
Infrastructure 15% - 1430m2
Developable area - 7,151m2. Permitted development 50%
Proposed project - 34 houses of 100m2 each in pairs on plots of 200m2 approx.
Cost of land €1,220,000
Purchase cost €75,000
Architect fees €57,600
Licence €45,918
Geotechnic survey €8340
Quality control €10,880
10 yr insurance €20,518
Construction cost €2,414,000
Total cost = €3,852,256
Selling price 34 units at €162,300 = €5,518,200
Profit = €1,665,944
For more information email info@millarhomes.com
Nueva Horizonte, Fuerteventura - Building land
Designated residential zone with principal access roads already in.
19,000m2
50m from beach
5 mins from golf course
5 mins from shopping centre
Permitted density - minimum plot size 500m2
Build coefficient 25%
Price : €390,000
For more information email info@millarhomes.com