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- LoopNet Team
Galapagar, Madrid 28260
Land For Sale
·
0.44 AC
INVESTMENT HIGHLIGHTS
- Large plot ideal for residential development in height
- Great buildability
- In the heart of the town
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.44 AC |
| Property Subtype | Residential | Year Built | 1960 - 1969 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.44 AC |
| Year Built | 1960 - 1969 |
DESCRIPTION
Large plot located in the district of Los Almendros very close to the Galapagar town hall. This plot consists of several united estates totaling approximately 1,700 m2, currently with buildings that will be demolished for subsequent residential development in height. According to a topographic measurement carried out by a technician, the plot has an area of approximately 1,797.16 m2. The applicable regulations are in accordance with the Subsidiary Regulations of the Municipality, old town regulations, use MC3, subtype X, with a number of floors: basement + 3 floors + undercover. The calculation of buildability according to regulations is as follows: - Buildability m2 = Area of the plot x maximum occupancy x heights. Then we obtain the following result: 1,797.16 m2 x 0.60 x 3 = 3,234.88 m2 above ground. The basement floor does not compute buildability. The undercover floor, even if it is not computable, while it is linked to the lower floor, could have an additional use of approximately 30% of the surface of the lower floor, about 300 m2, depending on the inclination of the roof.
