[R+4 Development] Beachfront Land + Income Property El Kantaoui Rare Developer Opportunity

DEVELOPER ALERT | R+4 CONSTRUCTION PLOT WITH IMMEDIATE INCOME STREAM

Prime beachfront location in El Kantaoui (Sousse, Tunisia): 1,000 sqm land allowing R+4 construction (4,000 sqm buildable) combined with an existing income-generating villa complex.

INVESTMENT STRATEGY:
• Immediate cashflow: 9 independent rental units (4 apartments + 4 ground-floor bungalows + renovated villa) generating revenue during permit application phase
• Development potential: R+4 zoning permits premium residential program or senior living facility
• Off-plan sales potential: High-demand beachfront location ensures strong pre-sales (VEFA)

TECHNICAL:
• Land: 1,000 sqm (R+4 = 4,000 sqm floor area potential)
• Existing: 1,700 sqm built (350 sqm master villa + 4 apts + 4 bungalows)
• Condition: Upper floor renovated to EU standards, ground floor requires refresh (demolition-ready)

Unique opportunity to secure cashflow-positive land banking while securing building permits. Feasibility study available for serious developers.