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Calle de Palermo, 14 0.21 Acres of Residential Land Offered at $2,280,260 in Hortaleza, Madrid 28043



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INVESTMENT HIGHLIGHTS
- Good location.
- Opportunity for both developers and investors or self-promotion.
EXECUTIVE SUMMARY
Two adjacent plots are available for sale with a total area of 835 m2 (415 m2 and 420 m2), located on Palermo Street in Canillas (Madrid).
The land is governed by zoning regulation 8, Grade 4, with a buildability of 1 m2/m2, allowing for residential construction of up to three floors plus a basement. This offers an excellent opportunity for developers, investors, or self-promotion of multi-family housing.
There are currently some buildings that need to be demolished.
The land is governed by zoning regulation 8, Grade 4, with a buildability of 1 m2/m2, allowing for residential construction of up to three floors plus a basement. This offers an excellent opportunity for developers, investors, or self-promotion of multi-family housing.
There are currently some buildings that need to be demolished.
PROPERTY FACTS
| Price | $2,280,260 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land |
| Price | $2,280,260 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.21 AC |
1 LOT AVAILABLE
Lot
| Price | $2,280,260 | Lot Size | 0.21 AC |
| Price Per AC | $11,051,200.18 |
| Price | $2,280,260 |
| Price Per AC | $11,051,200.18 |
| Lot Size | 0.21 AC |
Two adjacent plots with a total area of 835 m2 (415 m2 and 420 m2), located on Palermo Street, in Canillas (Madrid).
DESCRIPTION
Two contiguous plots with a total area of 835 m2 (415 m2 and 420 m2), located on Palermo Street, in Canillas (Madrid). The land is governed by zoning regulation 8, Grade 4, with a buildability of 1 m2/m2, which allows for residential construction of up to three floors plus a basement.
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Calle de Palermo, 14
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