Single Eco Villa South West Mallorca

The opportunity has arisen to acquire a plot of land in a RU-N1 zoned area of Calvia. The zoning allows for property development and a project to a detached villa is currently being explored. The villa will occupy a plot of just over 900m2, with a four-bedroom home of approximately 270m2 with terraces, gardens, parking and a pool. The orientation and location of the plot, sitting just below the brow of a small hill, affords views over open countryside, the surrounding hills and the village itself. The access road to the plot is wide enough to accommodate the additional traffic and allow direct access to the parking and garage from the road.

The Situation: The plot is situated in a very desirable village located in the South West of Mallorca, a few kilometres west of the regional County Town of Calvia. The village has retained much of the traditional Spanish, or Mallorcan character of an inland village, despite a massive influx of foreign nationals over the past 20 years. Although the village retains this character it has a varied population, from English, German, Spanish and newly arrived northern Europeans, all living happily alongside the Spanish and Mallorcan residents.

The location, at the centre of the South West, 5 km’s from the sea and beaches at Paguera, 10 minutes drive to Puerto Portals and Puerto Andratx and set in a lush valley of almond terraces with the foothills of the Tramuntana mountain range, makes it an ideal village for those living and working, or holidaying in the South West looking for a touch of ‘authentic’ Mallorca. The village has good facilities, a bank, chemist, local shops and 2 restaurants. The local school is highly rated and a major attraction for many families looking to move to the area. There is an active social calendar with regular fiestas, parties and other gatherings in which residents of all nationalities are involved.

The Market: Prices have seen a rapid increase over the past 2 years, by as much as 50% in some cases. A typical attached family home is now in excess of 650.000€. The village has a selection of housing from stone terraced two story houses, to detached modern homes on plots of 800m2 plus. There are also a number of ‘finca’ properties - stone farmhouses with outbuildings and land, often with orchards and almond terraces, located on the edges of the village and further into the country. The highest priced property is on the outskirts of the village, in the same valley as the single plot and is an old senorial manor house with 2,500,000 m2 of land on the market for 10m€. There is a shortage of well – priced, well - built family property in country villages in SW Mallorca and we believe that our product is aimed directly at where that demand is generated – young families and older, semi-retired people looking for a part time home.

General to project: The architectural style of the villa will follow that of the majority of properties in the village, stone faced with tiled roofs. The build will be sympathetic and the finished project will enhance, rather than impose upon the character of the surrounds. The target buyers are English families looking for a foothold in the village and older couples seeking an island base in a traditional setting. Current demand from both of these groups is high. The property will be built to a high quality and issued with the Spanish equivalent of the NHBC. Internal fittings and finishes will also be high quality with the purchaser allowed to select finishes and fittings from a specified list. All internal fixtures and fitting including bathrooms will be included and selected by the clients, excluding kitchens, which the purchasers will have to pay for separately to their own specifications.

This project has been fully subscribed, however, should you wish to receive a copy of any current Investment Memorandum (IM), please contact us, register your interest and we will be pleased to send you further information.

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