Residential Project on the Spanish Mainland

A scenic valley, spanning 117 hectares nestled between two picturesque peaks with views of the town of Jumilla’s ancient castle, is being offered for sale with an approved project for residential development to include 300 single-family residences on plots of between 2,000 and 3,000 sq. meters, several 2-level townhouse dwellings, a golf course, a commercial center and various other community services and amenities. The rich agricultural land currently has 7,000 almond trees, a large vineyard and 3,000 olive trees.The project will encompass 220,100m2 for residential development, and an additional 11,600 m2 for commercial development. Wells provide sufficient water for the development. Jumilla (pop 70,000) is within 5 km from the property, while Alicante is 90 km and Valencia is 160 km. away. With mild year-round climate, the Mediterranean sea at an hour’s drive, this beautiful countryside offers interesting possibilities for development.