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Calle Cánovas del Castillo, 4 36 Unit Apartment Building $1,147,804 ($31,883/Unit) Algeciras, Cádiz 11201
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Investment Highlights
- Project for 20 housing units and 56 parking spaces.
- Construction is 85% complete, pending final touches, finishes, and adaptation to current regulations.
Executive Summary
Ref.: SE98W007V-181067
Building for sale with ongoing residential project
Plot of 1,639 m² with an original project that included 36 residential units, 129 parking spaces, and 4 commercial premises. Currently, the marketing focuses on 20 residential units and 56 parking spaces, with construction 85% completed, pending final touches, finishes, and compliance with current regulations.
This is a multi-family block with several above-ground floors and basements designated for parking, built with a high-quality structure that is fully recoverable. The development, initiated in 2008, is registered under the name Residencial Cuesta Real.
This is a unique investment opportunity for a large-scale residential project in one of the most dynamic cities in the province of Cádiz. Its excellent location in a well-established area ensures high housing demand, offering the possibility to adapt the final product to current market needs, whether for families, residential rentals, or mixed-use investment with commercial premises.
Building for sale with ongoing residential project
Plot of 1,639 m² with an original project that included 36 residential units, 129 parking spaces, and 4 commercial premises. Currently, the marketing focuses on 20 residential units and 56 parking spaces, with construction 85% completed, pending final touches, finishes, and compliance with current regulations.
This is a multi-family block with several above-ground floors and basements designated for parking, built with a high-quality structure that is fully recoverable. The development, initiated in 2008, is registered under the name Residencial Cuesta Real.
This is a unique investment opportunity for a large-scale residential project in one of the most dynamic cities in the province of Cádiz. Its excellent location in a well-established area ensures high housing demand, offering the possibility to adapt the final product to current market needs, whether for families, residential rentals, or mixed-use investment with commercial premises.
Property Facts
| Price | $1,147,804 | Apartment Style | Low-Rise |
| Price Per Unit | $31,883 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| No. Units | 36 | Building Size | 51,721 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Parking Ratio | 3.58/1,000 SF |
| Price | $1,147,804 |
| Price Per Unit | $31,883 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 51,721 SF |
| No. Stories | 3 |
| Parking Ratio | 3.58/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 36 | - | 731 |
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Calle Cánovas del Castillo, 4
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