Description
K&N Elite is offering for sale this unique plot in Ibiza, located in the well-known area of San Antonio, featuring a project for a 4-star boutique hotel and a commercial area with 8 units. The land enjoys a prime location, right on one of the main avenues and just steps from the beach.
The cadastral surface is 3,049 sqm, classified as urban land, which makes it eligible for immediate development. The buildability allows for up to five floors.
The hotel project includes 50 tourist places, distributed across 22 double rooms and 4 suites, with an estimated occupancy of 2 and 3 people respectively. According to 2023 data, nightly rates range from €150 to €500 depending on the season. Based on average pricing and occupancy, the annual return is estimated at around €1,200,000.
San Antonio is one of the fastest-growing tourist areas in the Mediterranean, attracting a young and international crowd from April through October. Its famous sunsets, beach clubs, and vibrant nightlife ensure a steady flow of visitors ready to spend.
Having a project already approved is a major advantage you save months or even years on paperwork, permits, and design. Hotel occupancy rates in Ibiza are consistently high during the season. A well-designed boutique or sustainable concept hotel can achieve a rapid return on investment.
Each year it becomes harder to build on the island. Owning a developable plot now gives you a significant edge over future investors.
Don't miss this opportunity!
