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Fuente Romero 8.22 Acres of Residential Land Offered at $592,768 in Hormigos, Toledo 45919
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Investment Highlights
- Sector 5 Developable Land.
- Prior administrative feasibility, facilitating adaptation to current regulations.
- Previously approved project with a buildable area of 19,000 m².
- Good connections via the CM-4005 road and proximity to the N-401.
Executive Summary
Buildable land located in the municipality of Hormigos, province of Toledo. The location is in the Fuente Romero area, with good connections via the CM-4005 road and proximity to the N-401, providing easy access to Toledo city and nearby towns.
The land has a certified surface area of 3.27 hectares (33,272 m²) and is classified as Buildable Land Sector 5. There is the possibility of incorporating adjacent plots through negotiation with their owners, which would allow the total buildable area to expand to 81,000 m².
The strategic value of the property lies in its prior administrative feasibility: at one point, a project was approved for the construction of a residential development with a buildable area of 19,000 m². The sector's classification and the existing technical and environmental documentation enable the new owner to focus efforts on adapting the planning to the current regulations of Castilla-La Mancha and developing an Urban Development Action Plan (PAU), maximizing buildability and project design.
Property Facts
| Price | $592,768 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 8.22 AC |
| Price | $592,768 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 8.22 AC |
1 Lot Available
Lot
| Price | $592,768 | Lot Size | 8.22 AC |
| Price Per AC | $72,098.06 |
| Price | $592,768 |
| Price Per AC | $72,098.06 |
| Lot Size | 8.22 AC |
The land has a certified area of 3.27 hectares (33,272 m2) and is classified as Urbanizable Land Sector 5.
Description
Developable land located in the municipality of Hormigos, in the province of Toledo. The site is situated in the Fuente Romero area, with good connections via the CM-4005 road and proximity to the N-401, providing easy access to Toledo city and nearby towns. The land has a certified surface area of 3.27 hectares (33,272 m²) and is classified as Developable Land, Sector 5. There is potential to incorporate adjacent plots through negotiation with their owners, which could expand the total developable area to 81,000 m². The strategic value of the property lies in its prior administrative feasibility: a project was previously approved for the construction of a residential development with a buildable area of 19,000 m². The sector's classification and the existing technical and environmental documentation allow the new owner to focus efforts on adapting the planning to the current regulations of Castilla-La Mancha and developing an Urban Action Plan (PAU), maximizing buildability and project design.
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RE/MAX Jumbo
Presented by
Fuente Romero
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