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Property Details:

Property ID: 26799686

Price: £7,558,650

Property Location: Spain, Valencian Community, Castellon, Alcala de Xivert

Investment Type: Property Investment

Type of Property:

  • Whole Development
  • Whole Development

A unique opportunity to acquire a modern turn-key development of 214 apartments, duplexes and villas, being sold as one commercial lot.

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Spanish Golf Resort

Description

A unique opportunity to acquire a modern turn-key development of 214 apartments,duplexes and villas, being sold as one commercial lot. The break up value is appraised at €25million but the complex could lend itself to a sports and leisure led serviced apartment operation, as the site offers existing tennis courts and swimming pools, with further sports and leisure amenity at the adjacent Golf Resort.

The development is located next to the award winning Bernhard Langer - designed Panoramica Golf Resort, located just inland from the beautiful Costa Azahar between Barcelona and Valencia.

We are looking for a property fund with a medium term unit-sales exit strategy, or a serviced apartment/leisure sector investment group to acquire and operate.

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