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Novelda Apartment Building $1,595,979 Novelda, Alicante 03660

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Investment Highlights
- Urban land property located on the main avenue leading into Novelda.
- Maximum buildable area: 0.7 square meters of floor area per square meter of land.
Executive Summary
Ref.: MV204994
Urban land property located on the main entrance avenue to Novelda (Alicante).
This is a plot with defined urban planning regulations, suitable for residential or mixed development, with clear conditions regarding occupancy, buildability, and height.
Land characteristics and urban planning regulations:
Maximum plot occupancy: 60% (approx. 2,000 m2 occupiable)
Maximum buildability: 0.7 m2t/m2s (approx. 2,400 m2 of floor space)
Maximum height: 3 floors including ground floor, with a maximum of 12 m
Underground floors allowed: 1
Mandatory setback: 5 m from roads, 3 m from boundaries
Minimum distance between buildings within the plot: 3 m
Protruding elements over open spaces are allowed as long as they do not exceed the mandatory setback
The location on the main avenue ensures visibility and accessibility, with proximity to urban services, public transportation, and connection to main access roads to the municipality.
Urban land property located on the main entrance avenue to Novelda (Alicante).
This is a plot with defined urban planning regulations, suitable for residential or mixed development, with clear conditions regarding occupancy, buildability, and height.
Land characteristics and urban planning regulations:
Maximum plot occupancy: 60% (approx. 2,000 m2 occupiable)
Maximum buildability: 0.7 m2t/m2s (approx. 2,400 m2 of floor space)
Maximum height: 3 floors including ground floor, with a maximum of 12 m
Underground floors allowed: 1
Mandatory setback: 5 m from roads, 3 m from boundaries
Minimum distance between buildings within the plot: 3 m
Protruding elements over open spaces are allowed as long as they do not exceed the mandatory setback
The location on the main avenue ensures visibility and accessibility, with proximity to urban services, public transportation, and connection to main access roads to the municipality.
Property Facts
| Price | $1,595,979 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Price | $1,595,979 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 1960 - 1969 |
Amenities
Unit Amenities
- Instant Hot Water
Site Amenities
- Public Transportation
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Novelda
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