Partida Peri I, 38A 0.53 Acres of Residential Land Offered at $1,662,680 in Mutxamel, Alicante 03110

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 (key 2) according to the Subsidiary Planning Regulations of Mutxamel, allowing for the construction of up to four floors above ground. It is in a regularized urban situation, having met the conditions imposed by the City Council: land cession for a promenade and road, as well as the execution of urbanization projects for the public promenade and Virgen del Pilar Street, with works completed in 2018. The project, initially with a granted license, includes the construction of a building composed of 39 apartments (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, which can be divided into several units or transformed into up to 10 additional apartments. The basement allows for the construction of a second underground parking level if necessary. The plot has an area of 2,139.37 m2 and a total projected buildable area of 8,966.31 m2, distributed as follows: Apartments: 4,395.18 m2. Commercial premises: 2,255.06 m2. Storage rooms: 313.95 m2. Garages: 1,902.12 m2. The parcel is located behind the main access avenue from San Juan de Alicante, facing a 20-meter-wide promenade and with frontage on an 11.75-meter road. In the immediate vicinity, there are schools, a health center, and shops, as well as the Valencia road, close to the neighboring town of San Juan, where large stores and specialized establishments are concentrated. The location has good communications, with quick access to the Alicante ring road, the Mediterranean Highway, and the road connecting San Juan Beach with San Vicente del Raspeig.