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Carrer Major 0.03 Acres of Residential Land Offered at $75,459 in Balaguer, Lérida 25600


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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 indicative urban planning parameters.
The existing building currently consists of a ground-floor commercial space, a residence distributed across the first and second floors, and two additional 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, offering 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.
The existing building currently consists of a ground-floor commercial space, a residence distributed across the first and second floors, and two additional 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, offering 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 | $75,459 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.03 AC |
| Price | $75,459 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.03 AC |
1 Lot Available
Lot
| Price | $75,459 | Lot Size | 0.03 AC |
| Price Per AC | $2,462,184.07 |
| Price | $75,459 |
| Price Per AC | $2,462,184.07 |
| Lot Size | 0.03 AC |
The area has a plot size 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.
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Carrer Major
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