Bollullos de la Mitación, Sevilla 41110 SF of Commercial Land Offered at $69,148

Investment opportunity aimed at investors, asset management companies, and developers with a medium-term horizon. The offer involves the transfer of a registered property and adjudication rights within the new industrial and logistics expansion sector of Bollullos de la Mitación (Seville), adjacent to the established PIBO Industrial and Services Park. This is not the sale of ready-to-use land but rather the acquisition of urban development rights and future utilization units in one of the most promising business areas of Aljarafe, allowing for the securing of industrial land at a cost per square meter lower than that of already urbanized plots. The operation has received final approval for the urban planning innovation, as published in BOJA No. 130 on July 10, 2023. The property is currently in the urban management phase and is awaiting the execution of the re-parceling and urbanization project. The estimated timeline for the delivery of finalized industrial land is set for 2029. The definitive allocation of net utilization and the adjudicated plot will be determined in the municipal re-parceling project and may differ from the gross registered area. The offered price does not include expenses related to the purchase, which by law are the responsibility of the buyer.