A south facing site, enjoying spectacular harbour and sea views, with a building licence to construct an exclusive property overlooking Port Andratx. This is an unique opportunity to buy one of the last plots on the Montport side of Puerto Andratx with a size of 1.430 m2 and the permission to build a villa of about 500 m2 total constructed area. Building costs in Mallorca reach from 2.000,- EUR per m2 up to 4.000,- EUR per m2. In this area you can built up to 33% of the plot size (according to building regulations in 2015).
Montport is currently being urbanised by Acciona Infrastructures. These infrastructure works form part of a larger project of the European Community and include new water connections, sewage connections, new streets, new sidewalks and street lights. After the building works have been finished we expect property prices in these areas to rise due to the perfect condition of the neighbourhoods. Property prices in this area of Montport range from 2 Mio € to 4 Mio € for old Villas. New Villas achieve prices of 4 Mio € up to 10 Mio €.
Please contact us if you have any questions regarding building costs on Mallorca or if you require more details information regarding this plot. For further information regarding the area of Puerto Andratx please contact us.
Alexander Schmitz is the Founder of Only Mallorca. He is actively managing the company and is responsible for developing corporate business- and marketing strategies. Alexander has been living in Puerto Andratx for 15 years and his personal experiences and market insights are a true asset to Only Mallorca.