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Glorieta, 19 0.05 Acres of Commercial Land Offered at $943,334 in Alberic, Valencia 46260



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Property Facts
| Price | $943,334 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.05 AC |
| Price | $943,334 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.05 AC |
1 Lot Available
Lot
| Price | $943,334 | Lot Size | 0.05 AC |
| Price Per AC | $18,713,601.61 |
| Price | $943,334 |
| Price Per AC | $18,713,601.61 |
| Lot Size | 0.05 AC |
Description
We present this Exclusive Opportunity for Strategic Developers and Builders. This is not just a plot of land; it is an old mansion in the heart of Alberic that offers a range of possibilities for real estate development. This asset is the direct answer to the shortage of new construction in the municipality and the opportunity for a new development that will ensure a quality project with real demand and quick turnover. Alberic is neighboring larger towns like Alzira or Xàtiva, which act as employment hubs. Additionally, it has a Metro station connecting to Valencia city (approx. 1 hour). This connection, along with lower housing prices than in the metropolitan area, attracts buyers seeking more space in exchange for manageable commutes. This plot has high urban potential, suitable for a residential building of considerable volume in accordance with local regulations. Buildable Area Breakdown: High Sales Potential The total buildable area is 3,011 m2 above ground, distributed to maximize sellable area and optimize return on investment: Ground Floor (Commercial Use / Common Areas): 852 m2 (100% Occupancy). Offers space for strategic premises or community services. Standard Floors (1st to 4th): 2,808 m2 (Housing). The bulk of the residential development. Setback Penthouse: 351 m2 (Premium Housing). Ideal for creating high-value units. COMMERCIALIZABLE PRODUCT MODEL: RESIDENTIAL GLORIETA To optimize profitability and sales speed, we propose a project of 22 homes with a high quality-price ratio and the most demanded features by the local and regional market. This approach ensures a competitive and quickly absorbed product. In conclusion, Av. Glorieta 19 in Alberic is a hidden gem: with the right project, it can be transformed into a local residential benchmark, generating solid profits for the developer and providing the municipality with quality housing that meets current needs. SALE: Price €799,900. Expenses and taxes not included in the price. The purchase involves taxes and formalization expenses for the buyer. As a guideline, it is reported that in second transfers the ITP generally in Valencia is 10%, with other tax rates possibly existing depending on the buyer's personal circumstances or other legally provided circumstances. Taxable base of the tax is the highest value between the purchase price, the appraisal, or the cadastral reference value. As for notary and registration expenses, if applicable, they usually range approx; between 1.5% and 2.5% (variable fees according to price, number of copies, and complexity). The buyer chooses the notary. If the buyer requires a mortgage: appraisal, conditions, and bank costs will be according to the entity chosen by the buyer, as well as management expenses, and any other expenses inherent to the formalization of the purchase that legally correspond to the buying party, unless expressly agreed otherwise with the seller. Real estate mediation fees charged to the BUYER: (3% of the final sale price plus VAT (21%), unless otherwise agreed.); and SELLER (according to agreement with the same). The consumer is informed that the agency acts as a real estate intermediary in the operation, with any eventual sale and its conditions subject to the express acceptance of the owner-seller and the subsequent formalization of the corresponding contract.
Presented by
Glorieta, 19
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