POA
Building plot, 20500 m² Porto Venere, La Spezia (province)
Description
A Rare Investment: Seaside Living in Porto Venere
This is a rare and exceptional investment opportunity in Porto Venere, one of Liguria’s most prestigious coastal areas, just steps from the Cinque Terre. The 20,500 sqm plot offers direct beach access and panoramic sea views, making it the perfect location for a high-end development.
The project has already been approved, providing a net buildable area of 2,300 sqm (27 apartments of 85 sqm, with possible unit splits) ideal for residential or tourist accommodations to capitalize on the increasing demand for properties in this sought-after region. With approved plans in place, the groundwork has been laid for a fast-track development process, reducing time-to-market.
Key investment details include:
Purchase Price: €5,500,000
Gross Development Costs: €12,922,460
Gross Development Value: €26,472,080
Net Profit Potential: €8,049,620 (30% Net Profit)
This land development offers the opportunity to meet the rising demand for real estate in the region, driven by Porto Venere’s popularity among tourists. With its stunning sea views, direct beach access, and the increasing influx of visitors to the area, this development is poised for strong returns.
Whether you’re looking to invest in a high-demand region or seeking a profitable project in one of Italy’s most beautiful locations, this development opportunity in Porto Venere is an ideal choice.
This is a rare and exceptional investment opportunity in Porto Venere, one of Liguria’s most prestigious coastal areas, just steps from the Cinque Terre. The 20,500 sqm plot offers direct beach access and panoramic sea views, making it the perfect location for a high-end development.
The project has already been approved, providing a net buildable area of 2,300 sqm (27 apartments of 85 sqm, with possible unit splits) ideal for residential or tourist accommodations to capitalize on the increasing demand for properties in this sought-after region. With approved plans in place, the groundwork has been laid for a fast-track development process, reducing time-to-market.
Key investment details include:
Purchase Price: €5,500,000
Gross Development Costs: €12,922,460
Gross Development Value: €26,472,080
Net Profit Potential: €8,049,620 (30% Net Profit)
This land development offers the opportunity to meet the rising demand for real estate in the region, driven by Porto Venere’s popularity among tourists. With its stunning sea views, direct beach access, and the increasing influx of visitors to the area, this development is poised for strong returns.
Whether you’re looking to invest in a high-demand region or seeking a profitable project in one of Italy’s most beautiful locations, this development opportunity in Porto Venere is an ideal choice.
Details
- Property TypeBuilding plot
- ConditionNew
- Living area2300 m²
- Land2.1 ha
- Energy Efficiency Rating
- ReferenceSeaside Living in Porto Venere - A Rare Investment
Distance from:
Distances are calculated in a straight line
- Airports
- Public transport
- Highway exit5.1 km - Raccordo La Spezia - Lerici
- Hospital4.9 km
- Coast< 100 m
- Ski resort37.3 km
What’s around this property
- Shops
- Eating out
- Sports activities
- Schools
- Pharmacy650 m - Pharmacy
- Veterinary11.7 km - Veterinary - Ambulatorio Veterinario
Information about Porto Venere
- Elevation8 m a.s.l.
- Total area7.66 km²
- LandformCoastal hill
- Population3348
Map
The property is located on the marked street/road.
The advertiser did not provide the exact address of this property, but only the street/road.
Google Satellite View©Google Street View©
Contact Agent
ZopProperties LTD
1A Harcourt Street, London, London
zop.properties@gmail.com
What do you think of this advert’s quality?
Help us improve your Gate-away experience by giving a feedback about this advert.
Please, do not consider the property itself, but only the quality of how it is presented.