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Canary Islands, Gran Canaria, Agüimes, Spain

£417,150
€500,000
Canarias Paradise, Arguineguin
PROPERTY TYPE

Land

SIZE

8,611 sq ft

800 sq m

Key features

  • Surface 800m2

Description

Ref. 01_00689
Canarias Paradise Real Estate presents an attractive investment opportunity in Cruce de Arinaga, Agüimes, Gran Canaria.

Four adjoining urban building plots are available for individual or combined purchase, offering interesting opportunities for developers, builders and property investors.

RESIDENTIAL DEVELOPMENT POTENTIAL – 24 APARTMENTS ACCORDING TO VALUATION

A property valuation carried out in 2023 considers the most likely development scenario to be one residential building per plot, with two apartments per floor and six apartments per building.

The study therefore estimates a potential total of 24 apartments across the four plots, together with basement parking facilities.

This is a technical estimate, not an approved construction project. Development possibilities must be verified under current planning regulations.

PRICES AND PURCHASE OPTIONS

• Three individual plots: €132,000 each.
• Corner plot: €150,000.
• All four plots together: €500,000.

SAVE €46,000 WHEN BUYING ALL FOUR PLOTS!

The total individual selling price is €546,000. Purchasing the complete site for €500,000 represents significant savings.

PLOT SIZES AND BUILDING CONDITIONS

According to the 2023 valuation, the plots measure 192 m2, 200 m2, 200 m2 and 192 m2, giving a combined area of 784 m2 (approximately 800 m2).

The study is based on M3 zoning regulations, with a maximum building height of three storeys, and considers basement parking.

The estimated 24 apartments remain subject to updated technical and planning verification and the corresponding municipal approvals.

STRATEGIC LOCATION

Cruce de Arinaga offers supermarkets, schools, shops, pharmacies and essential services.

Convenient access to the GC-1 motorway provides excellent connections to Gran Canaria Airport, Las Palmas and the south of the island.

AN ATTRACTIVE INVESTMENT OPPORTUNITY

Whether you are looking for an individual building plot from €132,000 or a larger site for residential development, these plots offer flexibility and investment potential.

Contact Canarias Paradise Real Estate for further information, available documentation or to arrange a viewing.

CANARIAS PARADISE REAL ESTATE
Your next project starts here.

LEGAL NOTICE: This advertisement is for information purposes only and is not contractually binding. Areas, prices, ownership, characteristics and planning conditions require verification. The potential for 24 apartments is based on a 2023 valuation and does not constitute an approved project or guaranteed building entitlement. Current zoning, permitted uses and development possibilities must be confirmed by the relevant authorities. Building illustrations are conceptual only. Errors, omissions and changes may occur. Taxes and purchase expenses are excluded unless otherwise stated.

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Canary Islands, Gran Canaria, Agüimes, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Gran Canaria(International)
    4.2 miles
  • Tenerife(International)
    69.9 miles

Advice on buying Spanish property

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

About Canarias Paradise, Arguineguin

A trusted name in Canary Islands real estate. We guide you through buying, selling and renting your property with seriousness, discretion and the assurance of an expert local team. Years of serious, personal work have made us a point of reference in the south of Gran Canaria. Buying, selling or renting with us means doing so with the peace of mind of a local team that knows its ground. We provide every service of a modern estate agency, whether buying, selling or renting, so you can leave the worries behind and enjoy expert guidance. In tune with the times, Canarias Paradise is a different kind of estate agency, with a complete range of services across the Canary Islands. As a local company, we know our territory and find the best solution for every client.

A professional, approachable team, combined with the latest technology, ensures precise, responsible and transparent advice, backed by the experience and qualifications of our agents, who always act in the client's interest.

Local company, experts in the Canary Islands

Precise, responsible and transparent advice

Utmost security and confidentiality in every transaction

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Canarias Paradise, Arguineguin (reference 30001969-14453) 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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