Luxury Home Project with Pool and Sea View

Bonaire, Alcudia, Mallorca, IslasBaleares

Luxury home project with pool and sea view. Investment Rationale

• Securing and maximizing (i) a defensive acquisition with undermarket value price creating immediate added value (ii) rental income in one of the most attractive markets in the world (iii) exit options: the time to monitor the best sales period with or without tool rental

Key factors for investing:

• Mallorca: A worldwide reputation and a unique geographical location (beautiful and old towns and port villages, sea, beaches, leisure, sporting and business events……)
• With or without Pandemic full access by boat or flight from all European countries
• Stable financial value without price fluctuation up or down compared to major cities Paris, London, Berlin….
• In recent years there has been an increase in demand and prices for properties on Mallorca. Whether it is a global financial crisis or simply an increased desire to live in a safe and beautiful European Island, demand now exceeds supply. Which makes the Balear islands one of the safest places to invest.

• Bonaire district, new Villa Project for sale composed of 609m² Plot for residential use ,Close to the sea (400m), Bus and shops.
• Sale price: €310 000
• Building Price 1700€/m² (for the 180 m² passive house project ~306 000€)
• Asset under SL investment vehicule which means low tax impact and market competitivity.
• Bonaire urbanization is one of the most family friendly place in the island.

Construction:

Estimated at 308,000€ for the fully constructed house, terrace and garden.

Exclusive Location

Bonaire is perhaps best described as quiet, peaceful and remote. There are a couple of restaurants within walking distance, nonetheless you’re not isolated to many interesting cities like Alcudia and Pollença, Here, you’ll be able to enjoy a number of water sports, first- rate shopping and many other cultural points of interest such as hiking circuit hermitage (…)

On the sea side the two main beaches in Bonaire, are popular for snorkelling and scuba diving. The sandy beaches are ideal for enjoying the dream climate. There are not many water sports here, making the waters calm and enjoyable for families with younger children, but a short drive into Alcudia and you can partake in anything from banana boat rides to waterskiing and kiteboarding. The quiet location of the parcel will provide you an amazing sea view and the calm you deserve beneath the pine trees.

Price Reference: Bonaire Alcudia

Price Reference Building Plot with project:

• Average Price per m²: 660€
• This opportunity: 492€/m²

Price Reference for House selling:

• Average price per m²: 6,200€/m²
• Potential operation(180m² House): 1,240,000 €
• Potential costs: ~700,000€

Price References for Airbnb renting:

• 320€/Night
• Occupation rate April to October 80%
• Minimal seasonal revenue: 53,760€