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Novelda Apartment Building $1,601,127 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-use development, with clear conditions regarding occupancy, buildability, and height limits.
Land characteristics and urban planning regulations:
- Maximum plot occupancy: 60% (approx. 2,000 m² usable)
- Maximum buildability: 0.7 m²t/m²s (approx. 2,400 m² of floor area)
- Maximum height: 3 floors, including the ground floor, with a maximum of 12 m
- Permitted underground levels: 1
- Mandatory setbacks: 5 m from roads, 3 m from property 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 connections to the municipality's main access roads.
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-use development, with clear conditions regarding occupancy, buildability, and height limits.
Land characteristics and urban planning regulations:
- Maximum plot occupancy: 60% (approx. 2,000 m² usable)
- Maximum buildability: 0.7 m²t/m²s (approx. 2,400 m² of floor area)
- Maximum height: 3 floors, including the ground floor, with a maximum of 12 m
- Permitted underground levels: 1
- Mandatory setbacks: 5 m from roads, 3 m from property 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 connections to the municipality's main access roads.
PROPERTY FACTS
| Price | $1,601,127 | 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 | $1,601,127 |
| 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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