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- LoopNet Team
Madrid, Madrid 28051
Land For Sale
·
6.92 AC
INVESTMENT HIGHLIGHTS
- Reparcellation project
- Investment opportunity
- As part of the largest residential urban development operation in Spain
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 6.92 AC |
| Property Subtype | Agricultural |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 6.92 AC |
DESCRIPTION
Rustic land for sale in the “U.Z.P 3.01 Reparcellation Project for the Development of Eastern Valdecars” in Madrid, the plot has 28,000 m2 and is part of the largest residential urban development in Spain. Valdecars, one of the new neighborhoods in Madrid, in an agreement signed with the city council that allows the project to begin, the development plans to build 51,656 homes over two decades. Along with the houses, 462,000 m2 of tertiary space (offices, logistics, commercial...) will be built in Valdecars. “175,000 m2 of surface will be used for local commerce”. In addition, the area will have 687 hectares of new green areas.
