Plot in Fonduco, Mahon

2,600,000 €

  • Commercial property
  • 1,335 m²
    Plot 632 m²

In the area known as Fonduco, front line in Mahon harbour there is this exceptional plot available for development. The currently existing construction must be demolished and a housing and commerce promotion must be built in its place. The regulations in the area allow the construction of a block of apartments or a Hotel with a permitted building area of about 2,000m2. The permitted height is Garage/Storage + Basement + First floor + Second floor + Attic. Being a front-line plot in Mahon there is the legal possibility of developing a hotel. Great opportunity for investors. The price varies depending on whether the company acquires (€ 2,600,000) or the property (€ 2,300,000)

Sold with the C.E.E. (Energy Efficiency Certificate)

Reference: 999
  • Sea views

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