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Partida Peri I, 38A 0.53 Acres of Residential Land Offered at $1,659,350 in Mutxamel, Alicante 03110



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INVESTMENT HIGHLIGHTS
- Urban land with building project in Mutxamel, Alicante.
- Total buildable area: 8,966.31 sq. m.
- Project for 39 residential units, 39 storage rooms, and 42 parking spaces.
- Possibility of adding a second basement level for parking.
EXECUTIVE SUMMARY
**Ref.: MV200926**
Urban land with a building project located on Virgen del Pilar Street in the town of Mutxamel (Alicante).
The plot is classified as Urban Land – Expansion Area (key 2) according to the Subsidiary Planning Regulations of Mutxamel, allowing the construction of up to four above-ground floors. The urban planning status is regularized, with all conditions imposed by the City Council fulfilled: land ceded for a promenade and roadways, as well as the completion of urbanization projects for the public promenade and Virgen del Pilar Street, with works finalized in 2018.
The project, initially granted a license, includes the construction of a building comprising 39 residential units (with penthouses on the top floor), 39 storage rooms, 42 underground parking spaces, and commercial premises on the ground floor with a total area of 2,255 m². These commercial spaces can be divided into multiple units or converted into up to 10 additional residential units. The basement level allows for the construction of a second underground parking level if needed.
The plot has a total area of 2,139.37 m² and a projected total buildable area of 8,966.31 m², distributed as follows:
- Residential units: 4,395.18 m²
- Commercial premises: 2,255.06 m²
- Storage rooms: 313.95 m²
- Parking: 1,902.12 m²
The parcel is located behind the main avenue connecting San Juan de Alicante, facing a 20-meter-wide promenade and with frontage on an 11.75-meter-wide road. The immediate surroundings include schools, a health center, and shops, as well as the Valencia road, close to the neighboring town of San Juan, where large retail centers and specialized establishments are concentrated.
The location offers excellent connectivity, with quick access to Alicante's ring road, the Mediterranean Highway, and the road linking San Juan Beach with San Vicente del Raspeig.
Urban land with a building project located on Virgen del Pilar Street in the town of Mutxamel (Alicante).
The plot is classified as Urban Land – Expansion Area (key 2) according to the Subsidiary Planning Regulations of Mutxamel, allowing the construction of up to four above-ground floors. The urban planning status is regularized, with all conditions imposed by the City Council fulfilled: land ceded for a promenade and roadways, as well as the completion of urbanization projects for the public promenade and Virgen del Pilar Street, with works finalized in 2018.
The project, initially granted a license, includes the construction of a building comprising 39 residential units (with penthouses on the top floor), 39 storage rooms, 42 underground parking spaces, and commercial premises on the ground floor with a total area of 2,255 m². These commercial spaces can be divided into multiple units or converted into up to 10 additional residential units. The basement level allows for the construction of a second underground parking level if needed.
The plot has a total area of 2,139.37 m² and a projected total buildable area of 8,966.31 m², distributed as follows:
- Residential units: 4,395.18 m²
- Commercial premises: 2,255.06 m²
- Storage rooms: 313.95 m²
- Parking: 1,902.12 m²
The parcel is located behind the main avenue connecting San Juan de Alicante, facing a 20-meter-wide promenade and with frontage on an 11.75-meter-wide road. The immediate surroundings include schools, a health center, and shops, as well as the Valencia road, close to the neighboring town of San Juan, where large retail centers and specialized establishments are concentrated.
The location offers excellent connectivity, with quick access to Alicante's ring road, the Mediterranean Highway, and the road linking San Juan Beach with San Vicente del Raspeig.
PROPERTY FACTS
| Price | $1,659,350 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.53 AC |
| Property Type | Land |
| Price | $1,659,350 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.53 AC |
1 LOT AVAILABLE
Lot
| Price | $1,659,350 | Lot Size | 0.53 AC |
| Price Per AC | $3,139,390.52 |
| Price | $1,659,350 |
| Price Per AC | $3,139,390.52 |
| Lot Size | 0.53 AC |
Urban land with a building project located on Virgen del Pilar Street, in the town of Mutxamel (Alicante). The plot has a total area of 2,139.37 m² and a projected buildable area of 8,966.31 m².
DESCRIPTION
Urban land with a building project located on Virgen del Pilar Street, in the town of Mutxamel (Alicante). The plot has a total area of 2,139.37 m² and a projected buildable area of 8,966.31 m².
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Partida Peri I, 38A
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