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Plot for sale

Balearic Islands, Menorca, Es Mercadal, Spain

£281,353
€325,000
John D Wood International, RoW
PROPERTY TYPE

Plot

SIZE

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Key features

  • Plot of 273 sqm

Description

In Es Mercadal, within a well-established residential area and well connected to the town centre and its surroundings, this asset offers significant development potential, just minutes from the finest beaches on the island's north coast.

A versatile product, suitable both as a main residence, a long-term investment or for temporary residential use, in a location that combines local life, services and close proximity to the coast.

The plot, with a surface area of just over 270 m², allows development over ground floor plus two upper floors and attic levels. Preliminary studies by M3 Arquitectura propose a multi-family building with more than 730 m² of total built area, comprising:

6 parking spaces

1 commercial unit

6 residential units, ranging between 65 and 109 m²

An especially attractive opportunity, suitable either for individual resale or for consolidation as a long-term investment, aimed at reinvestment within Menorca's highly sought-after residential rental market.

A full Business Plan is available upon formal request.

Energy Performance Certificates

EPC 1

Balearic Islands, Menorca, Es Mercadal, Spain

Open mapStreet View

NEAREST AIRPORTS

Distances are straight line measurements
  • Menorca(International)
    10.3 miles
  • Palma de Mallorca(International)
    79.8 miles

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About John D Wood International, RoW

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by John D Wood International, RoW (reference 21355103_15084418) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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