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Calle de la Peña de la Atalaya 0.04 Acres of Residential Land Offered at $235,513 in Puente de Vallecas, Madrid 28053


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Investment Highlights
- Lot for multifamily development.
- All services in the area.
- In the heart of the municipality.
- Great potential.
Executive Summary
The plot allows for the development of a new construction project in accordance with the parameters established by the General Urban Development Plan (PGOUM), under Zonal Regulation 4 in a closed block configuration.
The permitted buildable area is 280 m² above ground and 48 m² below ground. Based on these urban planning parameters, a development could be proposed consisting, for example, of four residential units of approximately 70 m² each, as well as parking spaces and storage rooms on the underground level, always in compliance with technical requirements and applicable municipal regulations.
The final feasibility of the project must be verified through the corresponding urban planning study and the acquisition of the required permits.
Property Facts
| Price | $235,513 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.04 AC |
| Price | $235,513 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.04 AC |
1 Lot Available
Lot
| Price | $235,513 | Lot Size | 0.04 AC |
| Price Per AC | $6,228,854.79 |
| Price | $235,513 |
| Price Per AC | $6,228,854.79 |
| Lot Size | 0.04 AC |
Plot with a total area of 153 m² for residential development.
Description
Plot with a total area of 153 m2 for housing development. On the plot, it is possible to develop a new construction project in accordance with the parameters established by the General Urban Planning Plan (PGOUM), according to Zonal Norm 4 in a closed block. The permitted buildable area is 280 m2 above ground and 48 m2 below ground. Based on these urban planning parameters, a development could be proposed, for example, consisting of four apartments of approximately 70 m2 each, as well as parking spaces and storage rooms on the underground level, always in accordance with the technical determinations and applicable municipal regulations. The definitive feasibility of the project must be verified through the corresponding urban study and obtaining the necessary licenses.
Presented by
Calle de la Peña de la Atalaya
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