Building lot in Borbalan

Valle Gran Rey, Building plot for sale

1,281 m² Building plot in Valle Gran Rey for sale.

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Object data

  • Property ID
    L2603_La Palomera
  • Property Type
    Building plot, Plot
  • Address
    Calle Teguerguenche
    38870 Valle Gran Rey
    Canary Islands
  • Plot approx.
    1,281 m²
  • State
    Well-kept
  • Purchase Price
    825,000 EUR

Property description

Building plot in Borbalan-La Palomera, Valle Gran Rey. This is one of the few remaining undeveloped building plots in the lower part of Valle Gran Rey. It is centrally located in a prime spot, with the ocean just a few minutes’ walk away, and close to shops and other amenities. Currently, the plot is home to old mango trees. You could build a residential complex with several units, one or more single-family homes with garden areas, or a combination of a single-family home and a residential complex.
The plot is zoned for closed-style development, so you can build right up to the property lines. Of the 1,281 m², 1,107.43 m² can be built on, with a maximum of two storeys and an additional basement, cellar or garage.
The plot is divided into two building plots, measuring 882.96 m² and 224.47 m², separated by a strip of land measuring 173.45 m² earmarked for a future road. Far from being a drawback, this future road will provide independent side access to each plot, making it ideal for the construction of garages. Until then, this strip of land can be used as a garden or green space.

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