Espera, Cádiz 11648 2.6 Acres of Commercial Land for Lease

Investment opportunity in urban development in the municipality of Espera, located within a consolidated planning area with approved detailed zoning. This involves a set of plots integrated into an Execution Unit with development already initiated, aimed at residential use with potential for both single-family and townhouse products. Urban planning and zoning status: - Regulation: Municipal Subsidiary Rules from 2002, adapted in 2010. - Approved instruments: Partial Plan (PP SUS 1.1), approved urbanization and re-parceling project. - Current classification: Non-Consolidated Urban Land. - Action: Urban Transformation Action (ATU). - The development was initially planned under a single ownership model, without a Compensation Board, although ownership is now fragmented. Key urban planning parameters: - Primary use: Residential (detached and new growth). - Compatible uses: Commercial, facilities, and secondary use. - Buildability: - Detached: 0.70 m2t/m2s (max. 400 m2c). - Estimated buildability: - Detached: 600 m2c. - Townhouses: 9,630.56 m2c. - Height: Ground floor + 1 (7 meters). - New growth: Flexible alignments. - Occupation: Up to 100% on small plots; adjusted based on surface area for larger plots. Ownership structure: - Seller: 48.42%. - Espera City Council: 21.48%. - 14 minority owners: 30.09%. Current status and conditions: - Urbanization works were completed (Certificate of Final Completion in 2008), but have not been officially received due to the lack of guarantees for electrical supply, which is tied to external infrastructure that has not been executed. - There is no record of an Urban Management Agreement between the City Council and the previous sole owner, nor information on possible contracts or agreements between minority owners and the previous sole owner regarding parcel transfers or conditions established in the deed of compliance with the resolutory condition. - Final reception of the urbanization is contingent upon the completion of electrical infrastructure, repair of damages, and compliance with current regulations. Urban charges and estimated costs: - Initial estimated charge for the area: €603,183.31. - Participation of the analyzed asset: 48.421%. - Corresponding estimated charge: ~€495,922. Investment opportunity and conclusion: This asset has high potential for value appreciation. Value generation depends on proper urban management, regularization of infrastructure, and the ability to structure ownership. It is an opportunity targeted at investors interested in value-add operations in non-consolidated urban land in the province of Cádiz. The information provided is for informational purposes regarding the asset and its administrative and technical situation.