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Calle Jerónimo del Moral, 26 0.03 Acres of Residential Land Offered at $140,408 in Ciempozuelos, Madrid 28350

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INVESTMENT HIGHLIGHTS

  • Plot in the heart of the city
  • Excellent location with high strategic commercial value
  • 100% buildability

PROPERTY FACTS

Price $140,408
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.03 AC
Year Built/Renovated 1900/1960

1 LOT AVAILABLE

Lot

Price $140,408
Price Per AC $4,404,691.50
Lot Size 0.03 AC

DESCRIPTION

107 m2 urban plot of land located on Jerónimo del Moral Street, 26 in the Madrid municipality of Ciempozuelos. The plot has a total buildability of 100%, with a maximum of 3 floors, whose use is residential and commercial tertiary, so there is the possibility of building a double-storey commercial space, with an area of 100 m2 each. There is a preliminary project in which this possibility is contemplated, with the basement floor of the future premises with a skylight, and a first floor for offices, commercial spaces or apartments. The only mandatory requirement contemplated would be the underground floor, of about 80 m2, which would be intended for residential use. Its location is excellent as it is located on the most commercial and busiest street in the municipality, in the heart of the urban area of Ciempozuelos, and is ideal for any type of commercial activity or business. The price of the plot is not negotiable, since it is a value adjusted to the characteristics of the property. Ideal as an investment without much risk for a local developer.

  • Listing ID: 34191940

  • Date on Market: 8/8/2018

  • Last Updated:

  • Address: Calle Jerónimo del Moral, 26, Ciempozuelos, Madrid 28350

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