Excellent 5-bedroom house for sale in Santa Eulalia, Ibiza
Important features of this house / villa
- Terrace
- Swimming Pool
- Garden
- Parking
- Storage room
- Heating
- Fireplace
- Exterior
- Equipped Kitchen
- Chill out area
- Floor plan 310m²
Everything you need to know about this house / villa for sale
This lovely house is a light-flooded property that offers a great layout with many possibilities for renovation.
The ground floor is divided into a spacious living area consisting of two comfortable and bright living rooms, a kitchen with a utility room and 2 bedrooms with a shared bathroom.
The main bedroom with an en-suite bathroom and private terrace is located on the upper floor, next to a cosy living room with a fireplace and 2 further bedrooms with a shared bathroom and a balcony.
The large garden is a perfect place to enjoy relaxing moments with family and friends with terraces, a swimming-pool area and chill-out spaces.
This property presents an exceptional investment opportunity with various development prospects that cater to diverse investor preferences and financial goals:
1. Guest House Development as an Annex
Investors have the option to construct a guest house attached to the main property, with a restriction of 1,500 cubic meters for both structures. This approach offers a streamlined process, cost-effectiveness, and efficient time management, providing additional accommodations while ensuring compliance with building regulations.
2. Independent Registered Guest House
Alternatively, investors can choose to develop a guest house as a separate registered property by allocating a distinct entity for it. Adhering to specific parameters and regulations, such as obtaining required permits and approvals, allows investors to establish a unique property with legal autonomy. This strategy may enhance market value and rental income potential, with specifications including a maximum volume of 1,500 cubic meters, a buildable area of 500 m2, an average height of 3 meters, and up to two storeyswith a regulated height of 7 meters.
3. Segregation for Multiple Independent Houses
Investors can explore segregating the property to build up to six autonomous houses, each with its registry unit. Detailed assessments and compliance with legal requirements, such as law 12/2017, are crucial to determine building possibilities and regulatory guidelines. This approach offers flexibility and the potential for diversified revenue streams, addressing various housing demands and preferences.
4. Horizontal Division with Special Modality
Leveraging the property’s E-U2 classification, investors can pursue horizontal division without segregation, enabling the development of all six houses seamlessly. This strategy streamlines the development process significantly, optimizing the property’s full potential for a comprehensive housing project.
Santa Eulalia town centre and the beautiful sandy beach are a few minutes away.
Please contact us for further details and to arrange a viewing,
![House / Villa for sale](https://images.lucasfox.com/property/4x3_1600w/FA082C3652.jpg)
Distribution of this house / villa
Ground floor
- 2 bedrooms with a shared bathroom
- Kitchen and dining area
- 2 living rooms
- Porched terrace/access to garden
- Utility room and storage
First floor
- 1 main bedroom en suite with private terraces
- 2 bedrooms with bathroom and terrace to share
- Living room/office with terrace
Exterior
- Swimming pool
- Porched terraces
- Patio
- Garage
- Courtyard / Fruit orchard
Santa Eulalia, Ibiza: Location and surroundings of this property
Located in Santa Eulalia, near the sports complex (tennis, football, padel...), a short distance from the town centre and its large sand beach.
A 20-minute drive to Ibiza Town and 25 to the Airport.
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