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Investment Highlights

  • Plot with residential project and/or student residence
  • Ideal for investors, developers or builders
  • Located in the heart of the historic center of Toledo

Executive Summary

Residential and tertiary (such as hotel) plot perfectly located in the old town of Toledo. The plot covers approximately 1,800 m², as it is the combination of three plots with protection level E. It has a nearly rectangular distribution with 3,813.16 m² of buildable area.
PERI (Special Interior Reform Plan) approval granted in the city council plenary session.
- Strategic location: Possibility to expand the area by incorporating the adjacent building to the east, with access to Calle Real.
- Permitted uses: Residential and hotel.
- Archaeology: Archaeological surveys conducted, with negative results regarding findings.
The plot is located in the western area of the historic center of the city, near the Ministry of Finance and the regional parliament. There are several projects proposed for building a student residence as well as residential housing. It is ideal for investors, developers, or builders.

Property Facts

Price $2,284,469
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.44 AC
Year Built 1880

1 Lot Available

Lot

Price $2,284,469
Price Per AC $5,136,073.72
Lot Size 0.44 AC

Residential and tertiary plot (such as hotel use) perfectly located in the old town area of Toledo.

Description

Residential and tertiary plot (as a hotel) perfectly located in the area of the old town of Toledo. The plot has approximately 1,800 m2, since it is the union of three plots of protection level E. It has a practically rectangular distribution of 3,813.16 m2 of building space. PERI (Special Plan for Interior Reform) acceptance in the plenary session of the city council. For the construction of 31 residential homes and 31 garages. For tertiary use and housing for residential use 32, with 31 garages, also the possibility of a hotel and 58 apartments and 31 garages, presenting the corresponding special plan. - Strategic location: Possibility to extend meters with the adjoining building to the east, with access to Calle Real. - Permitted uses: Residential and hotel. - Archaeology: Archaeological tastings carried out, with negative results in terms of findings. The plot is located in the western part of the historic center of the city, close to the Ministry of Finance and the Courts. There are several projects to build a student residence, as well as a residential one. It is ideal for investors, developers or builders.

  • Listing ID: 30874626

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: Cuesta Santa Leocadia, 22, Toledo, Toledo 45002

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