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Calle Alameda, 5 0.53 Acres of Residential Land Offered at $991,311 in Torrejón de Velasco, Madrid 28990



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Investment Highlights
- Ideal for real estate developer.
- High buildability.
Executive Summary
The construction typology consists of a ground floor, first floor, and an attic space attached to the main floor. Garages can be built in the basement and on the surface.
The land does not require any land cession as it is classified as consolidated urban land. It includes an urban area under planning, which is currently under review for modification in the Community of Madrid. The remaining area has a 60% occupancy rate.
Located in one of the best areas of the town, between the church, the health center, and the municipal swimming pool, with all services within reach and easy access.
Property Facts
| Price | $991,311 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.53 AC |
| Property Type | Land |
| Price | $991,311 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.53 AC |
1 Lot Available
Lot
| Price | $991,311 | Lot Size | 0.53 AC |
| Price Per AC | $1,876,396.33 |
| Price | $991,311 |
| Price Per AC | $1,876,396.33 |
| Lot Size | 0.53 AC |
Two adjoining plots with a combined area of over 2,100 m². The site does not require land transfer as it is consolidated urban land.
Description
Two plots for sale together. They cover more than 2,100 square meters and currently include various structures such as a house, a storage building, two small warehouses, and a well. The construction typology consists of a ground floor, first floor, and an attic annexed to the main floor. Garages can be built both underground and at surface level. The land does not require soil cession as it is classified as consolidated urban land. It includes an urban area under planning, which is currently under review in the Community of Madrid. The remaining area has a 60% occupancy rate. Located in one of the best areas of the town, between the church, the health center, and the municipal swimming pool, with all services within reach and easy access.
Presented by
Calle Alameda, 5
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