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Zona Aravaca Apartment Building $2,884,771 Madrid, Madrid 28023
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Investment Highlights
- Great buildability.
- Good road access.
Executive Summary
Impressive final plot with residential use and an area of approximately 2,700 m2.
This space offers the possibility of being divided into two parcels of at least 1,000 m2 each.
It is an ideal option for those looking to build two new homes or renovate the existing house.
The high buildability of 50% allows for the development of up to 1,350 m2.
Located in one of the best areas of Aravaca, Madrid, it is subject to Ordinance 8.2. c, which permits tertiary uses such as lodging and tourist apartments, adding additional appeal for investors. Additionally, it has excellent connections from the M-40 and A-6 highways, perfect for both single-family homes and commercial projects.
This space offers the possibility of being divided into two parcels of at least 1,000 m2 each.
It is an ideal option for those looking to build two new homes or renovate the existing house.
The high buildability of 50% allows for the development of up to 1,350 m2.
Located in one of the best areas of Aravaca, Madrid, it is subject to Ordinance 8.2. c, which permits tertiary uses such as lodging and tourist apartments, adding additional appeal for investors. Additionally, it has excellent connections from the M-40 and A-6 highways, perfect for both single-family homes and commercial projects.
Property Facts
| Price | $2,884,771 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Price | $2,884,771 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 1960 - 1969 |
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