Zona centro 0.06 Acres of Residential Land Offered at $233,334 in El Vellón, Madrid 28722

Ref: 2378
Urban plot of 253 m² located in a well-established urban expansion area, offering great potential for residential development. According to applicable urban planning regulations, the primary use assigned to the plot is residential, including multifamily, two-family, and single-family housing options, allowing for a wide variety of housing projects. Additionally, compatible uses include industrial and tertiary activities that are neither disruptive nor incompatible with residential use.
Industrial or commercial activities that generate disturbances or conflict with the residential nature of the area are not permitted. The zone features a continuous closed block urban typology, characterized by multifamily buildings with commercial spaces on the ground floor, reinforcing the mixed residential-commercial character of the neighborhood.
Regarding building conditions, the maximum height for the ground floor is 3.20 meters. Since the plot is located within a Protected Urban Space, the height of the new building must align with the nearest protected structure, allowing for a variation of up to ±0.50 meters.