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Carrer d'Ignasi Iglésias 0.06 Acres of Residential Land Offered at $1,051,140 in El Prat de Llobregat, Barcelona 08820
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Investment Highlights
- Residential development with 5 houses.
- 79.95% participation in the horizontal division.
- Surface area of 444.48 m2.
- Estimated construction progress of 30%.
Executive Summary
The development comprises a total of 5 residential units, 5 storage rooms, and 9 parking spaces. Currently, ownership includes the five residential units and five of the existing parking spaces. The above-ground constructed area amounts to approximately 444.48 m², while the below-ground area covers 104 m².
The property has a registered Horizontal Division, and the construction progress is estimated at approximately 30%, with completion still pending. Additionally, the ownership share in the horizontal division quotas is approximately 79.95%.
Given its characteristics and stage of development, the asset represents a residential project under construction with potential for completion and subsequent operation once the necessary works and procedures are finalized.
Property Facts
| Price | $1,051,140 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Price | $1,051,140 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
1 Lot Available
Lot
| Price | $1,051,140 | Lot Size | 0.06 AC |
| Price Per AC | $18,337,146.09 |
| Price | $1,051,140 |
| Price Per AC | $18,337,146.09 |
| Lot Size | 0.06 AC |
Multi-family residential plot located in El Prat de Llobregat, province of Barcelona, developed on a 232 m2 plot according to the cadastre.
Description
Multi-family residential located in El Prat de Llobregat, province of Barcelona, developed on a 232 m2 plot according to the cadastre. The project envisages a building between party walls consisting of a ground floor, two floors, a ground floor and a basement, intended for residential use. The development consists of a total of 5 houses, 5 storage rooms and 9 parking spaces. Currently, ownership is available for the five houses and five of the existing parking spaces. The built surface above ground amounts to approximately 444.48 m2, while the surface below ground reaches 104 m2. The property has a registered Horizontal Division and a degree of execution of work is estimated at approximately 30%, pending completion. In addition, the share of the shares of the horizontal division is around 79.95%. Due to its characteristics and state of development, the asset represents a residential development under construction with the potential to be completed and put into operation once the necessary works and procedures have been completed.
Presented by
Carrer d'Ignasi Iglésias
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