Colonia Apartment Building $3,260,225 Torrelodones, Madrid 28250

Ref.: SOL0838 Land located in the municipal area of Torrelodones.
This is a property intended for a proposal of grouping and segregation into six resulting plots for single-family use. The planned plots are flat and have areas larger than 1,000 m2, with a minimum frontage of 20 meters and the possibility of inscribing a circle with a 16-meter diameter in each of them, in accordance with municipal regulations.
The main property of 6,482 m2 is composed of four cadastral plots with urban classification RUA-2, regulated in article 11.4 of the Subsidiary Regulations of Torrelodones. This category establishes a minimum area of 1,000 m2 per plot, a minimum frontage of 20 meters, and the aforementioned possibility of inscribing a 16-meter circle. The proposal is viable, although it would involve demolishing existing structures that fall outside the planning in the parceling process.
The applicable regulations allow for a buildability of 0.30, a maximum occupancy of 25%, and a maximum ridge height of 11 meters and 7.5 meters to the eaves, with a total of two floors. The required setbacks are 3 meters from the boundaries and 4 meters from the street.
Nearby are established residential areas and natural spaces characteristic of the northwest mountains of Madrid. The location has good connections via the M-618 and M-619 road network, as well as intercity bus lines that connect with Madrid and neighboring municipalities.