This Property to the Sale on a hillside is located in the popular village of Canyamel.
There is currently a construction freeze in Canyamel. This happens again and again in Mallorca when the regulations require that extensions, expansions, renewals or initial installations of sewer systems have to be carried out, the water supply is currently insufficient for further population growth or roads and access routes have to be renewed.
For this reason, the property currently serves as a Object of speculation for investorswho want to wait for new legislation but would like to invest their money now in a property that will ideally increase in value later.
The features of this property
This plot is ideal for neighbors who are adjacent to the property and have already built a property. With another plot, they have the opportunity to have any non-legal extensions legalized, to be able to extend their own property within the permitted development limits - or simply to secure a large garden area so that no new building can be constructed next to them in the future.
Other information about the property
We do not currently have any information on the current property tax. Should the development of the property be permitted again, the registered value of the property will certainly increase.
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Errors and omissions excepted. mallorcabsolut.com assumes no liability for the information provided here.
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