In the area of Pilar de la Mola, Formentera, this opportunity for both investment and holiday enjoyment is presented.
This is a single-storey detached house, consisting of 163 m² built on an urban plot of 777 m².
It comprises three spacious double bedrooms with fitted wardrobes, a fully equipped kitchen with new appliances, a living-dining room, and two full bathrooms, one of which is en suite. It also has three storage rooms, two garages, and ample parking space. Additionally, it boasts two separate water cisterns and a purifier.
According to the subsidiary regulations of Formentera, it is classified as Eu-EPL (detached single-family with isolated typology). With a buildability of 0.60 m²/m², this allows for the expansion of the property up to 465 m². From an upper floor, clear views would be available. All documentation is in order.
Services such as supermarket, bank, the famous hippy market of La Mola on Wednesdays, etc., are within walking distance.
An excellent business opportunity, ideal for investors. Being in an urban area, it allows for the expansion of the property or the construction of two additional houses in a single-family dwelling.
Were you looking for the possibility to spend summers on the wonderful island of Formentera while also having a profitable investment?
Contact us to schedule a visit through HORIZEN Properties.