Investment Plot for Sale in Los Frutales

If you’re considering a new real estate venture, look no further than this investment plot of 900 m² located in the Los Frutales area of Torrevieja. This plot presents a unique opportunity due to its proximity to the sea; it’s just 500 meters away, making it an attractive option for potential buyers and renters alike.

Development Potential

This property is suitable for the construction of five bungalows or duplex homes. The design can include a communal swimming pool, enhancing the appeal to future residents. The layout allows for a variety of options, whether you’re aiming for a project focused on resale or a rental strategy to capitalize on the local market.

Location Benefits

Los Frutales is known for being a quiet and sought-after residential area. This location’s reputation can significantly contribute to your project’s success. It is surrounded by essential amenities and services, increasing its attractiveness to potential inhabitants.

Market Insights

The demand for residential properties in Torrevieja has been steadily rising, especially in areas close to the coast. With this plot’s strategic position, there is a high likelihood of competitive pricing in the housing market upon completion of the development. Investors should consider the long-term benefits of engaging in this project.

Additional Considerations

Before proceeding, it is advisable to conduct thorough market research. Evaluating local trends and assessing what similar developments have achieved can provide insights into pricing and construction timelines. Moreover, consulting with local real estate professionals may offer valuable perspectives on zoning regulations and potential hurdles in the development process.

Conclusion

In summary, this investment plot in Los Frutales offers a promising opportunity. With careful planning and execution, it could lead to a fruitful project in a desirable location close to the sea. Prospective investors should act promptly, as opportunities like this can be rare in sought-after areas.