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Calle Ronda de la Ermita, 16 0.26 Acres of Residential Land Offered at $408,335 in Pozuelo del Rey, Madrid 28813



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INVESTMENT HIGHLIGHTS
- Ideal for real estate developer.
- Very central location.
EXECUTIVE SUMMARY
Urban plot for sale with a surface area of 1,070 m² located in the center of Pozuelo del Rey, just 50 meters from the town square.
The plot has frontage on two streets, with the possibility of adding a third street frontage by purchasing an adjacent 180 m² plot.
The development potential for the plot is as follows:
- Maximum buildable area: 1,070 m² x 1.1 m²/m², resulting in a total of 1,177 m².
- Number of residential units: Not specified in the regulations, but based on an average of 80 m² per unit, approximately 13–15 units could be developed, along with the same number of parking spaces.
- Maximum occupancy: 60%.
The plot has frontage on two streets, with the possibility of adding a third street frontage by purchasing an adjacent 180 m² plot.
The development potential for the plot is as follows:
- Maximum buildable area: 1,070 m² x 1.1 m²/m², resulting in a total of 1,177 m².
- Number of residential units: Not specified in the regulations, but based on an average of 80 m² per unit, approximately 13–15 units could be developed, along with the same number of parking spaces.
- Maximum occupancy: 60%.
PROPERTY FACTS
| Price | $408,335 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.26 AC |
| Property Type | Land |
| Price | $408,335 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.26 AC |
1 LOT AVAILABLE
Lot
| Price | $408,335 | Lot Size | 0.26 AC |
| Price Per AC | $1,544,417.39 |
| Price | $408,335 |
| Price Per AC | $1,544,417.39 |
| Lot Size | 0.26 AC |
Plot with a surface area of 1,070 m² located in the center of Pozuelo del Rey, just 50 meters from the town square. It features frontage on two streets and the potential for frontage on three streets (by purchasing an adjacent plot of 180 m²).
DESCRIPTION
Urban plot with a surface area of 1,070 m² located in the center of Pozuelo del Rey. It is just 50 meters from the town square. It features frontage on two streets, with the potential for frontage on three streets (by purchasing an adjacent 180 m² plot).
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Calle Ronda de la Ermita, 16
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