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Plaza del Palacio 0.07 Acres of Residential Land Offered at $114,108 in Ribatejada, Madrid 28815



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Investment Highlights
- Project for 6 housing units.
- Parking spaces included.
- Types of 1- and 2-bedroom units.
- Building planned on two floors.
Executive Summary
The property had an approved execution project for the development of a residential building consisting of six apartments, featuring one- and two-bedroom units, each with an associated parking space.
The project envisioned a two-story building above ground level, with a functional layout and residential designs tailored to primary housing needs or small-format demand. The planned arrangement allowed for a balanced utilization of the property in accordance with the urban planning parameters of the area.
Property Facts
| Price | $114,108 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Price | $114,108 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.07 AC |
1 Lot Available
Lot
| Price | $114,108 | Lot Size | 0.07 AC |
| Price Per AC | $1,685,493.07 |
| Price | $114,108 |
| Price Per AC | $1,685,493.07 |
| Lot Size | 0.07 AC |
Residential plot with a total area of 274.32 m2. The property had an approved execution project for the development of a residential building consisting of six apartments, with one- and two-bedroom units.
Description
Residential lot with a total area of 274.32 sqm. The asset had an approved construction project for the development of a residential building consisting of six units, with one and two bedrooms, all of them with an associated parking space. The project envisioned a two-story above-grade building, with a functional layout and residential unit types adapted to primary residence use or small-format demand. The planned configuration allowed for a balanced utilization of the property in accordance with the zoning and planning parameters of the surrounding area.
Presented by
Company Not Provided
Plaza del Palacio
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