Investment opportunity in Muro

Address Townhouse with pool - To develop

Area Muro

Rooms 2-3 bedrooms and 2 bathrooms Size 120 m² + 86 m² patio
Price 160.000 Eur
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Investment opportunity in Muro

A chance to develop your own townhouse with a pool in the village of Muro close to some of Mallorca's most popular beaches.

The vision for this project is to bring a traditional village house back to the village home it once was with the modern update it deserves. 

The outside area will accommodate a swimming pool, a large patio with trees and inviting seating areas.

Inside on the ground floor, where the social areas are located, you will find an open layout with large sliding glass doors letting in lots of light and making it possible for an easy inside-outside living. Upstairs you will find three bedrooms and two bathrooms.

This project plans for a complete refurbishment of the existing main house on a plot of 154 sqm and to turn it into a beautiful home with a constructed area of approximately 120 sqm over two floors and a patio of about 86 sqm including a swimmingpool.

There are two options for this development project.

1. Buy it as is, the plot with existing buildings and the basic project with its license. Asking price: 160.000 Eur

2. Buy it as a completely finished house ready to move into. Level of finishes to be agreed with the builder. Asking price: 530.000 Eur  

 

According to the present legislation for 2020 and 2021 and with a full project from an architect in hand you can start the construction without the need to wait for approval from the Town-hall which saves the usual one year waiting time.

A second property across the street is for sale separately for an additional 43.000 euro which could be turned into a garage with a small guest room on-top.

The village of Muro is only a ten minute drive from one of the best beaches on Mallorca, Playas de Muro. With its white sandy beaches laying in the middle of the Alcudia Bay this area attracts people from all over the island. Muro has a rural charm and paired with its proximity to the sea makes for an interesting investment with lots of potential.

Facts

  • Status For sale
  • Price 160.000 Eur
  • Monthly cost
  • City Palma
  • Area Muro
  • Address Townhouse with pool - To develop
  • Rooms 2-3 bedrooms and 2 bathrooms
  • Size 120 m² + 86 m² patio
  • Reference FFP060

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