Zona Casco Histórico de Vallecas 0.06 Acres of Residential Land Offered at $971,162 in Villa de Vallecas, Madrid 28031

Unique investment opportunity in the historic district of Villa de Vallecas, Madrid: A 232 m² plot with an approved architectural project and basic license granted by the City Council, ready for immediate construction. The project envisions a modern, bright, and functional residential building that will feature 10 spacious apartments accompanied by 10 parking spaces. Designed to meet the current demand for urban housing, the approved plan projects approximately 1,200 m² of built space, with optimized layouts and generous terraces, including several large ones.
The development includes a variety of unit types, ranging from one-bedroom apartments to three-bedroom family homes, ensuring broad appeal among buyers and renters. The upper floors stand out with their solarium terraces offering open views, adding extra value and serving as a unique selling point. With electricity and water connections already secured and no need for additional investments, this property allows developers to start construction immediately and shorten commercialization timelines.
Located in a well-established urban area with excellent connections to Madrid's city center and access to all services, the asset offers stability and solid demand fundamentals. Villa de Vallecas continues to show residential growth trends that strengthen the long-term potential of this fully authorized project.