Formentera House

In the town of San Ferrán, this interesting property is presented on an urban plot of approximately 900 m2, an increasingly scarce asset on the island with enormous development potential. Currently, the estate has a building of around 240 m2 constructed (about 225 m2 usable), divided into three independent residential units, allowing immediate profitable use. Additionally, it includes two private garages and a small additional annex, adding functionality and versatility to the whole. The existing homes offer various usage possibilities: from a family residence with independent spaces for guests to rental exploitation thanks to its configuration. However, the true unique value of this property lies in its classification as urban land, opening the door to new developments, expansions, or even a complete project reconfiguration, adapting to the investor’s or developer’s needs. In a limited market like Formentera, having an urban plot with these characteristics represents a strategic opportunity difficult to replicate. A property with a dual focus: immediate profitability and high potential for future appreciation, ideal for those seeking to invest with vision in one of the most exclusive destinations in the Mediterranean. The owner has granted exclusive rights for marketing, ensuring complete, truthful information, quality service, easy communication, and a process free from third-party interference. Please do not disturb the owner, occupants, neighbors, or caretakers. Real estate agencies may contact for collaboration, and buyers can delegate the search to Keller Williams CPI Gestión, which, with over 25 years in the real estate market, holds professional liability insurance and bonding. Registered as Real Estate Agency 1,153 in the C. V. Registry, Licensed Real Estate Agent 1,501, and Collaborating Real Estate Agency of the Generalitat Valenciana HDAIC_8_2022_V. Trust only qualified, registered professionals with guarantees and a public office to exercise your rights. The offer is subject to price changes or market withdrawal. Unless expressly stated otherwise in the announcement, the price does not include: agency fees, taxes, notary, management, and registration costs. The seller has the right to choose the notary. This announcement is not binding and may contain errors. It is shown for informational purposes only, not contractual. To verify details such as measurements, physical or legal circumstances, or any other information required by state and regional regulations, please contact the advertising real estate agent.