Algeciras, Cádiz 11207 0.14 Acres of Commercial Land Offered at $107,271

Ikesa Real Estate is marketing a residential urban plot in Algeciras with excellent real estate development potential. The plot spans 566 m² with a total buildable area above ground of 1,101 m², making it ideal for constructing a multifamily building intended for sale or rental exploitation. This asset offers the opportunity to develop a residential project in a consolidated urban area with real housing demand, making it an especially attractive option for local developers, property investors, or those interested in generating rental income. **Key Urban Features:** - **Plot Area:** 566 m² - **Classification:** Urban Land - **Primary Use:** Residential - **Type:** Multifamily - **Maximum Buildable Area:** 1,101 m² There is potential for developing housing units along with garages and storage rooms (subject to technical project approval). **Investor Focus:** This asset is particularly appealing for: - Developers seeking medium-sized projects (approximately 10-18 units, depending on typology). - Property investors (build-to-rent model). - REITs (Real Estate Investment Trusts) or cooperatives. - Local builders. Algeciras currently faces a shortage of new-build housing, strong rental demand, and sustained growth tied to the Port of Algeciras Bay, one of the largest logistics hubs in southern Europe. These factors favor both off-plan sales and rental exploitation. **Asset Advantages:** - Consolidated urban location. - High residential demand. - Strong commercial absorption of new housing. - Suitable for primary residences. - Potential profitability for developers. - Ideal for immediate development. **0% Commission for the Buyer:** Ikesa does not charge fees to the buyer for this type of asset. This property comes from a professionalized investment portfolio, allowing the investor to acquire it without intermediary costs. **Information and Visits:** For urban planning studies, documentation, or feasibility analysis: - **Phone/WhatsApp:** - **Email:** **Additional Information:** The published price does not include expenses legally borne by the buyer, such as VAT/ITP, notary fees, registration costs, or other expenses related to the transfer. Ikesa Real Estate is an accredited agency for various financial entities and manages investment assets, land, and new-build projects nationwide. **More opportunities at:**