I am pleased to present you an excellent investment opportunity: a property located in the municipality of Planes, Alicante.

The property, known as Masía de Savall, has an area of 378,678 m2, with a farmhouse inside. Strategically located 50 minutes from Alicante and 1 hour from Valencia by car, with easy access to the highway, its location is highly valued.

About 15 years ago, an Integrated Action Plan (PAI) was proposed that included approximately 150-190 plots, with around 40,509 m2 available for construction. Although the project was not materialized due to the economic crisis, it has favorable urban planning reports and is included in the draft of the new General Urban Planning Plan (PGOU) of Planes as reclassifiable developable land.

Despite its current classification as non-developable land, municipal regulations allow the construction of one house per plot of 10,000 m2, with a maximum buildability of 5%. The property can also be used for recreational and hunting purposes.

The appraisal estimates a value of over €1.200.000€ but the agreed sale price is €389.000€ (approximately €1/m2), excluding possible management fees.

The main cadastral plot is 03106A00900005 but it also includes the following:
03106A00900001
03106A00900004
03016A00100018
03016A00100012