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Sierra Cabrera: Property for sale in Cabrera

Description

Up market development in Sierra Cabrera, one of the most beautiful areas of southeastern Spain with its emblematic Moorish style properties, abundant fauna, and flora and within a short drive to the coast. The area has been divided in 19 separate areas and has several golf courses within a ½ an hour driving range. Almería international airport is less than an hour drive and other international airports such as Corvera, Alicante, Granada and Málaga are all within a range of between 2 and 3 hours’ drive.

The part of the development not yet completed has an astonishing area 409,404 mts2 and a handsome building allowance of 59.395 mts2 – this is truly unique for an area of outstanding beauty and this close to the sea. The plots are already earmarked and all the agreements regarding the building allowance, infra-structure, etc. have been formally agreed and signed off by the Government Department responsible for planning, including the possibility to swap building ratio between areas of the development. The development has already had 60% of its infrastructure completed by the current developers. It is in fact thriving with occupants of permanent, semi-permanent and holiday homes of the Moorish Villas, Townhouses and Apartments already built in the area. The area boasts 3 restaurants serving the community and its many visitors. It has mains electricity, telecommunications, water, sewerage including 2 sewerage plants, asphalted roads, and street lighting. The investment needed to add the remaining of the infrastructure agreed with the authorities is estimated to cost an extra €4,900.000. The area of roads not yet open is approximately 42.400 mts2.

This is a great opportunity for a developer with a long-term view and the cash flow to embark in such an interesting project.

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Standard forms of payment

  • Reservation deposit

    €3,000

  • Remainder of deposit to 10%

    €697,000

  • Final Payment on completion

    €6,300,000

Please note that with the market liberalization the costs for utilities such as water, electricity, telephone, broadband, etc. will vary from supplier and these are normally based on usage. With regards to building and contents insurance, the cost of the policy will depend on several factors including the amount of cover needed. For those using the property as a second home or investment there is also an annual tax payable to the Spanish tax authorities and which is based on the fiscal value of the property.

For more information about the property including all the legal documentation as set out in the regional decree 218/05 of 11th October please visit our office or contact us by phone or e-mail. Property viewings are strictly by prior appointment only.

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Sierra Cabrera — VHLA 2517

Land for sale in Cabrera, Almeria

€7,000,000 ~ £5,936,000 *

  • Land area 40.9404 hectares
  • Water Mains
  • Electricity Mains
  • Telephone Possible
  • Internet Possible

Special Features

  • Idylic area near the coast
  • Tryving Moorish style community
  • Almost 60.000 mts2 of building allowance
  • Building ratios can be trasnferred from one plot to another
  • 60% of infrastructure already in place and paid for
  • The area is divided in 19 zones
  • Remainder of the infrastructure projected to cost around €4.9 million

Location: by clicking to enlarge the map shown below you will be able to see the exact location of the property, have a look at the street and aerial views, zoom it in and out, etc.

Golf Courses: Marina de la Torre in Mojacar, Valle del Este in Vera and Desert Springs in Cuevas del Almanzora are the nearest golf courses to Mojacar, Vera Playa y Huerta Nueva.

Property for sale in Mojacar, Almeria has grown in popularity over the years with the weather in this vibrant corner of Andalucía offering over 320 days sunshine a year, services such as bars and restaurants being opened all year round, excellent infrastructure, etc. makes Mojacar and its surrounding areas such as Turre, Los Gallardos, Huerta Nueva, Garrucha, Vera Playa, Bedar, etc. an ideal location for finding your dream holiday home in sunny Mojacar or close by.

Airports: the 5 nearest airports to Mojacar are: Almeria 45 minutes, Murcia 1 hour and 15 minutes, Alicante 2 hours, Granada 2 hours and 20 minutes and Malaga 2 hours and 45 minutes.

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