Los Llanos De Aridane Land for Development Real Estate & Property Listings, Free Los Llanos De Aridane Land for Development Website, Los Llanos De Aridane, Canarias, Spain Land for Development

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New Development Land For Sale By Owner in Biosphere Reserve with Granted License to Build a Hotel or Aparthotel. (MD1374553) - Property in Los Llanos De Aridane - *** Spain Real Estate, Canarias Real Estate, Los Llanos De Aridane Real Estate: Land for Development Owner sells new plot of land of 49,700 sqm, (12,08 acres), with new license and planning permission to build a Aparthotel of 500 beds. The plot is located in La Palma Island, (a Biosphere Reserve), Canary Islands, Spain, with wonderful panoramic views over the ocean and is free of any charges, debt, mortgage or taxes. - The owner will consider entering in a joint venture with investor to develop this new plot of land. The expected return on investment and projected profit, ROI, is over €13.3 million in less than 3 years before taxes, as the business analysis indicates. The approval, permits a... *** Price: 6,863,800 EUR (~ $ 7,791,803 USD)