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Zona Tielmes de Tajuña 0.32 Acres of Residential Land Offered at $2,532,232 in Tielmes, Madrid 28550
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Investment Highlights
- Land with unfinished construction, completed at 20%.
- Partial existing structure that includes two underground parking levels, potentially preservable under current regulations.
- Direct connection with Madrid through the A-3 Madrid–Levante corridor.
- The original project included 65 housing units with storage rooms and 66 parking spaces.
- Flexibility to redesign and adapt it to current urban planning requirements.
- Proximity to established areas such as Arganda del Rey (13 km), Rivas-Vaciamadrid (20 km), and Coslada (30 km).
Executive Summary
Opportunity to acquire an unfinished residential project located in Tielmes (Madrid), with excellent connections to the capital via the A-3 Madrid–Levante highway. The asset currently consists of a partially completed structure (approximately 20%), originally designed for a multifamily residential building with four above-ground floors and two underground levels designated for parking.
The initial project envisioned 65 residential units with attached storage spaces and 66 parking spots, offering a variety of layouts ranging from one-bedroom apartments to two-bedroom units. Construction has been halted due to urban planning restrictions and the annulment of the previous agreement, but there is potential to adapt the existing structure to municipal regulations or explore alternative development options in collaboration with the local council.
Located in the western area of Tielmes, this plot benefits from its proximity to established urban centers such as Rivas-Vaciamadrid, Arganda del Rey, and Coslada, which enhances long-term residential demand and investor appeal. The two underground levels could be retained in compliance with current regulations, providing a solid foundation for redesign and a new development plan.
Property Facts
| Price | $2,532,232 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.32 AC |
| Price | $2,532,232 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.32 AC |
1 Lot Available
Lot
| Price | $2,532,232 | Lot Size | 0.32 AC |
| Price Per AC | $7,858,657.73 |
| Price | $2,532,232 |
| Price Per AC | $7,858,657.73 |
| Lot Size | 0.32 AC |
Plot of 1,304 m² designated for residential use with an unfinished residential project for 65 housing units, including storage rooms and 66 parking spaces.
Description
Plot of 1,304 m² designated for residential use, featuring an unfinished residential project for 65 housing units with attached storage rooms and 66 parking spaces. The development has only been completed up to 20%. The construction permit was granted under an agreement with the City Council, which has since been annulled. Due to the invalidation of the urban planning agreement, the construction does not comply with zoning regulations. The structure occupies the entire plot, whereas only 30% occupancy is allowed, and it exceeds the permitted buildability ratio of 0.90 m²/m². As a result, the structure would need to be adapted to meet regulations, either by partially demolishing it or carrying out a complete demolition.
Presented by
Zona Tielmes de Tajuña
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