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Investment Highlights

  • Possibility of 4 housing units.
  • In a well-established residential area.
  • Good public transportation access.
  • All services at hand.

Executive Summary

Residential lot in Balaguer (province of Lleida), designated for multifamily use, located in a consolidated urban area. The site has a plot area of 124 m² and an estimated buildable area of 564 m², allowing for the development of a residential project with up to 4 housing units, in accordance with the indicative urban planning parameters.
The existing building currently consists of a ground-floor commercial space, one residence distributed across the first and second floors, and two residences located on the third and fourth floors.
The building's condition is poor, requiring complete demolition to undertake the development of a new real estate project that optimizes the use of the lot in compliance with current regulations. This situation provides the opportunity to propose a new construction project tailored to current residential market demands, with greater construction efficiency and improved living standards.
This is an attractive opportunity for developers and investors, as it is a fully owned asset located on a central street with significant building potential, ideal for the promotion of newly constructed multifamily housing.

Property Facts

Price $76,286
Price Per Unit $12,714
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class F
Building Size < 15,000 SF
Year Built 1900 - 1909

Amenities

Unit Amenities

  • High Speed Internet Access
  • Wi-Fi
  • Instant Hot Water
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Wi-Fi
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - 753
  • Listing ID: 39047825

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: Balaguer, Lérida 25600

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