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Photo of the Foreclosure property in Vinaros

Spain Costa Azahar Golf Course Development (MD10688771) - Property in Spain -

*** Spain Real Estate, Comunidad Valenciana Real Estate, Vinaros Real Estate: Foreclosures

This development of 214 properties is located on a well-regarded golf course it was constructed in 2008 and is just a 15-minute drive from the sea. - The resort was closed 18 months ago as the developer has been going through the bankruptcy process and now is in the hands of the administrators. - As all the properties have separate deeds, the development could be broken up and sold as individual units giving a projected return of between €25 & €30 million. - The sale of half the asset could return all the initial outlay, the asset is a great investment from day 1. - There are 174 large apa...
*** Price: 10,500,000 EUR (~ $ 12,191,582 USD)




More Regional Real Estate Listings from Spain: Andalucia, Aragon, Asturias, Canarias, Cantabria, Castilla y Leon, Castilla-La Mancha, Cataluna, Comunidad Valenciana, Extremadura, Galicia, Islas Baleares, La Rioja, Madrid, Murcia, Navarra, Pais Vasco



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