Land 10-60 Ares Sea View Near Bvlgari, Tourist Zone

Specification

Description

This land is intended for investors with development teams looking to build villas, hospitality projects, or wellness centers. The scale is suitable for planned development with mid- to high-end positioning. Property Overview A 60 are plot of land with Freehold status (SHM). Located in a relatively quiet residential area, not in the center of tourist crowds. Zoning: Tourism, so permitted uses include villa construction, hospitality projects, and wellness centers. The land contour is sloped. Ocean views can be obtained from the second to third floors, depending on the building design and elevation. A few minutes to cafés and restaurants, supporting the operational needs of guests or residents. Structural Strengths - 60 are area allows for multi-unit or controlled-scale project development. - Tourism zoning provides certainty for villa and hospitality functions. - Sloped contour can be utilized for multi-level design and private zone division. - Ocean views from upper levels support premium market positioning. - Freehold status provides full control over the asset long-term. Legal & Transaction Notes - Status: Freehold (SHM). - Zoning: Tourism. - Prospective buyers need to verify detailed RDTR and local regulations before applying for permits. - Government water supply is reported to have low pressure. An underground reservoir system and independent utility planning are recommended. - Structural technical studies are required due to the sloped land condition. Considerations - Construction costs may be higher due to sloped contour. - Ocean views are not available from ground level. - Water infrastructure requires additional systems for stable operations. - Not suitable for buyers without development experience or technical teams. - Not suitable for businesses that generate noise due to proximity to a resort. Buyer Fit - Investors with architect and contractor teams. - Developers of villas, boutique hospitality, or wellness retreats. - Buyers seeking a quiet area with access to lifestyle facilities. Next Step If this aligns with your development plans, the next step is to discuss project feasibility and schedule a site visit.