Complex

Residential Development

 Prime Residential Conversion Opportunity

An exceptional investment opportunity to acquire a building with a total gross area of 400 sq.m., offering outstanding potential for conversion into a modern residential development.

The proposed layout allows for the creation of:

• 2 spacious maisonettes, approximately 79 & 75 sq.m. each
• 2 ground-floor apartments, approximately 119 & 126 sq.m. each

This configuration offers an excellent balance of premium family residences and highly desirable apartments, making the project ideal for both resale and long-term investment.

 Maisonettes (Approx. 119 & 126 sq.m. each)

Each maisonette is designed over two levels.

1^st Floor

• Spacious open-plan living room
• Dining area
• Modern kitchen
• Guest WC

2^nd Floor

• Three bedrooms
• One Master Bedroom with an en-suite bathroom
• Two additional bedrooms
• One shared family bathroom

The layout has been carefully designed to maximize comfort, functionality, and natural light, creating an ideal home for modern family living.

 Ground-Floor Apartments (Approx. 79 & 75 sq.m. each)

Two independent ground-floor apartments of approximately, offering flexible design options suitable for permanent residence, holiday homes, or rental investment. Each apartment includes 2 bedrooms, 1 bathroom, living room and kitchen.

 Additional Feature

A significant advantage of this development is the approved and licensed provision for the construction of a shared swimming pool, designed to serve all four residential units. This feature enhances the project's appeal, adding value for both homeowners and investors while creating an attractive residential environment with premium lifestyle amenities.

 Development Highlights

• Total building area: 400 sq.m.
• Potential to create 4 independent residential units
• Two elegant maisonettes and two ground-floor apartments
• Approved provision for a shared swimming pool
• Excellent space optimization and functional layouts

 Investment Potential

This property represents an outstanding opportunity to transform an existing building into a contemporary residential complex tailored to today's market demands. The proposed development is suitable for multiple investment strategies, including:

• Sale of individual units
• Long-term residential rentals
• Premium holiday rentals (subject to local regulations)
• Buy-to-let investment portfolio

 Pricing

The price of each apartment “as is”, i.e. having finished the concrete framework construction is €1,150/sq.m.

Ground Floor Apartment A : 79.38 sq.m. €91,287

Ground Floor Apartment B : 75.16 sq.m. €86,434

1^st & 2^nd Floor Maisonette A1 : 119.3 sq.m. €137,195

1^st & 2^nd Floor Maisonette B1 : 126.2 sq.m. €145,130

The prices of the “finished” apartments, is €3,000 / sq.m. for the ground floor apartments and €3.150 / sq.m. for the 1^st & 2^nd floor maisonettes.

 Ground Floor Apartment A : 79.38 sq.m. €238,140

Ground Floor Apartment B : 75.16 sq.m. €225,480

1^st & 2^nd Floor Maisonette A1 : 119.3 sq.m. €375,795

1^st & 2^nd Floor Maisonette B1 : 126.2 sq.m. €397,530

With high-quality finishes, and the addition of a licensed communal swimming pool, this project offers significant value creation and excellent return on investment.