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Description: Excellent
investment potential, 300 M2 built on 2,534 M2 plot within walking
distance of Moraira centre and the beach. The property borders onto
the new 5-star Moradix Hotel and Aparthotel, which is due for completion in
2010 and will comprise 56 suites, 50 double rooms, bar, restaurant,
swimming pool and other facilities.
Apart from the new hotel, the property is surrounded by quality
villas with private pools. The whole area is currently having its
infrastructure updated and will become one of the most sort-after
areas in Moraira due to the new hotel, which is already being dubbed
the "Moraira Hilton".
The building originally comprised 2 x 2-bedroom and 2 x 3-bedroom
apartments and is currently in use as 2 apartments and 2 offices.
The building is south-facing and in excellent
structural condition but needs completely refurbishing as 4
apartments/offices or a luxury villa on a large plot.
The plot has a gentle slope towards the road and
could be segregated as two building plots. After provision for an
access road these would be -
1,000 M2 and 1,200 M2 (with the original renovated
building) or two plots of 1,100 M2.
The property could also be renovated or redeveloped
for a large variety of usage: holiday or long-term apartments,
school, health/fitness centre, shops & offices, restaurant etc.
3 units are currently let on short leases and
producing income. Vacant possession could be guaranteed or the
leases continued for any fixed term.
The property represents a unique investment
opportunity as there simply is not another parcel of land of this
size in the area.
Viewing by appointment only. Please contact Hamiltons
Moraira Office +34 966 491 883 or use the enquiry form below.
Enquire about this Property |
