Land – Rustic

 Return on investment is achieved by gaining authorisation to build on the land (Plan Parcial). Profit of 50 per cent per annum over a two year period can be expected. In exceptional circumstances this can rise to 200 per cent per annum with careful selection of the land and reacting quickly to special opportunities when they arise. See Appendix 1 – Stages 1 and 2 for more detail about the costs and returns available from the example below.

Ref 29903: Jumilla – 600 Ha  - Price: 10,500,000 euro (inc. Plan Parcial Application) 

600 Ha’s of land, split into 300 Ha’s of fertile rustic land and 300 Ha’s of Mountain ridge (shown in the background of the first picture). The rustic land is virtually level and the gradient of the slopes on the ridge appears gentle.
Located 12 kms east of Jumilla this land is in the valley surrounded by the Sierras del Buey, Serral and del Carche with peaks rising from 826 m to 1372 m above sea level.
A few buildings in need of renovation are on the site.
The new motorway Madrid/Albacete – Sax/Alicante is planned to pass within 3 kms of the land.
Jumilla has recently become an attractive area for developers. A sympathetic Town Council and the Mucia Regional Government are encouraging the economic development of the area. A number of housing schemes and golf course developments have recently been approved and work should start in the near future.
Initial indications are that approval could eventually be gained for a Golf Course, 1800 luxury villas, a commercial centre, sports centre and hotel. The lower slopes of the ridge could ultimately be developed to provide stunning views across the valley.
Alternatively the ground appears very fertile with healthy crops of wheat and vines. This could be continued and EU conservation grants gained for the preservation of the mountain ridges.
Alicante is approx. 1 hour. 

Selected Rustic Land Opportunities