Following Plan Parcial approval the next stage is usually for the land to be Urbanised. This involves further investment in constructing the infrastructure (roads and water, drainage, electricity connections) prior to the building of houses, commercial property and amenities.  Occasionally land with Plan Parcial approval, but not yet Urbanised comes to market. For the purchase price, plus the urbanisation cost ranging from 20 – 80 euro per sqm investors can achieve returns of between 50 and 200 per cent. See Appendix 1 – Stage 2. Part of the investment can be funded from cash flow and spread over a period of several years.

It is usual for the investor gaining Plan Parcial approval to increase their return by funding the Urbanisation of the land. Once urbanised, parcels of land are sold on to developers for the construction of houses, commercial property and amenities. At this point investors realise their returns which can start as early as year 3. Developments and the opening of amenities can increase the value of unsold land by making the area more attractive. Such is the demand on the Costa Blanca that all urbanised land has a ready market and is usually sold very quickly. As such, buying urbanised land can make a solid investment for the investor who is looking for steady, long term growth.

Examples currently available include: 

Ref 32908: Villamartin – 25,000 sqm  -  Price: 20,000,000 euro

25,000 sqm (approx. 6 acres) of land with building permission in the highly popular Villamartin golf area. Authorisation granted for four storey constructions, 1st, 2nd and penthouse floors for accommodation, ground floor to consist of commercial units which can provide on-going returns. Price: 800€ per sqm.

Other Selected Opportunities