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Avenida de los Canteros 0.11 Acres of Residential Land Offered at $365,501 in El Boalo, Madrid 28412



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Investment Highlights
- Plot of 429 m² with a usable area of 492 m².
- Current building to be demolished and fenced plot.
- Forecast of 7 homes with garage.
- Central location in the residential area of Cerceda.
Executive Summary
The property includes an urban planning report, indicating an approximate building potential of 492 m², suitable for the construction of an estimated total of 7 housing units, including the corresponding parking spaces. The zoning allows for development across two floors plus an attic, enabling a small-scale residential project.
Currently, the plot contains a structure designated as a residence, which is in a state requiring demolition. The plot is fully fenced, facilitating the clear delimitation of the area for development.
The location is integrated into the urban core, in a quiet area close to the town center, accessible within a few minutes on foot, with available services and residential activity nearby.
Due to its characteristics, condition, and level of urban planning definition, this property is well-suited for developers interested in small-scale collective housing projects, optimizing execution times thanks to the pre-existing utilization study.
Property Facts
| Price | $365,501 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Price | $365,501 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.11 AC |
1 Lot Available
Lot
| Price | $365,501 | Lot Size | 0.11 AC |
| Price Per AC | $3,464,138.57 |
| Price | $365,501 |
| Price Per AC | $3,464,138.57 |
| Lot Size | 0.11 AC |
Residential plot located in the municipality of Cerceda, with an approximate area of 429 m2, suitable for the construction of an estimated set of 7 homes, including the corresponding parking spaces.
Description
Residential plot located in the municipality of Cerceda, with an approximate area of 429 m², intended for real estate development in accordance with applicable urban planning parameters. The property includes an urban planning report, indicating a potential building capacity of approximately 492 m², suitable for the construction of an estimated total of 7 housing units, including the corresponding parking spaces. The zoning allows for development across two floors plus an attic, enabling a small-scale residential project. Currently, the plot contains a building intended for residential use that is in a state of disrepair and slated for demolition. The plot is fully fenced, facilitating the clear delineation of the area for development. The location is integrated into the urban core, situated in a quiet area close to the town center, accessible within a few minutes on foot, and offering access to services and residential activity. Due to its characteristics, condition, and level of urban planning definition, the property is well-suited for developers interested in small-scale collective housing projects, optimizing execution times thanks to the pre-existing utilization study.
Presented by
Avenida de los Canteros
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