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Plaza del Baile 0.06 Acres of Residential Land Offered at $706,539 in Fuencarral - El Pardo, Madrid 28034
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Investment Highlights
- Residential land with a buildable area of 500 m2.
- Possibility to build 2 floors plus the floor below deck and below ground.
Executive Summary
According to measurements, the land covers 228 m², with the possibility of constructing up to 337 m² of usable space under current regulations, which translates to approximately 500 m² of built area when considering that spaces such as garages, storage rooms, or attic areas are calculated at a lower proportion.
Construction is permitted for two floors plus an attic level, as well as excavation. The buildable depth from the street is 10 meters, leaving a patio or common area of approximately 60 m² where construction is not allowed, as indicated in the plans.
The plot has two access points: one from Plaza del Baile and another from Callejón de la Luz, although only the former allows vehicular access. Additionally, there is an existing well on the property that could be utilized in future construction projects.
Property Facts
| Price | $706,539 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.06 AC |
| Price | $706,539 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.06 AC |
1 Lot Available
Lot
| Price | $706,539 | Lot Size | 0.06 AC |
| Price Per AC | $11,961,451.19 |
| Price | $706,539 |
| Price Per AC | $11,961,451.19 |
| Lot Size | 0.06 AC |
Plot of 228 m2 in the old urban area of Fuencarral, with the possibility of building up to 337 m2 useful on two floors below roof. It has two entrances (one for vehicles) and a well built, close to the Madrid Nuevo Norte development.
Description
228 m2 plot in the old town of Fuencarral, now part of the Madrid City Council, located a short distance from the Madrid Nuevo Norte urban development. The land, measuring 228 m2, allows for the construction of up to 337 m2 of usable space according to regulations, equivalent to approximately 500 m2 built, considering that spaces like garages, storage rooms, or attic areas are calculated at a lower proportion. It is possible to build two floors plus an attic floor, as well as carry out excavations. The buildable depth from the street is 10 meters, leaving a patio or common area of about 60 m2 where construction is not allowed, according to the plan. The plot has two access points, from Plaza del Baile and Callejón de la Luz, with only the former being suitable for vehicles. Additionally, it has an existing well that could be utilized in future construction.
Presented by
Plaza del Baile
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