Surface: m2
Number of bedrooms:
Number of bathrooms: 0
Plot:
for sale
Land area:
m2
Property area:
m2
Rooms:
carpeting
doorbell
double stairs
balcony
furnishings
open kitchen
separate kitchen
access to water
pool
None
Grill
garage
Indoor parking
outdoor parking
access to the road
satellite TV
access to electricity
Internet access
telephone line
air conditioning
number of levels
The property boasts a large seafront and moving inland, it also has road access. It is an ideal investment opportunity for a tourist development (Beach Hotel or Hotel Apartments)
Size: 85,100sq.m
Planning Zone: T2α - 45% for hotel development
Zoning T2a (Tourist Zone) with direct access to a road.
Option 1 - Hotel Development
Maximum allowable Density 45% x 120% = 54%
Maximum allowable Coverage 20%
No. of floors 3 — maximum height of building 13,10 m
Option 2 — "Tourist Village" Development
Maximum allowable Density 40% x 120% 48%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m
Option 3 - Residential Development Maximum allowable Density 20%
Maximum allowable Coverage 20%
No. of floors 2 — maximum height of building 8,30 m
The Hotel or Tourist Village Development (options 1 & 2 above) are considered the most desirable and cost effective because of the additional 20% density concession that has recently been announced by the government.
From the above it can be ascertained that there is potential for building a 4 or 5 star Hotel on site with over 700 rooms and all amenities.
There is also potential for building a Tourist Village on site with over 550 units and all amenities.
Plot: 85100 sqm
Zone
Easy access to main roads
Sea view
Sea front
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