la Pobla de Vallbona, Núcleo Urbano 0.91 Acres of Commercial Land Offered at $553,117 in València, Valencia 46009

Reparceled land in La Pobla De Vallbona, province of Valencia, designated for Multifamily Residential use, with an area of 3,678.7 m² and an estimated buildable area of 13,873.82 m². The ownership percentage of the registered property is 100%. The execution unit has undergone a modification in its planning, specifically widening the roadways compared to the original design. The urbanization and reparceling projects have been definitively approved, but they will require modification. This modification does not affect the buildable area. The City Council, however, is not in favor of the currently approved planning, considering the projected buildable area to be excessive. They support development as long as it serves as a transition zone between the urban core (to the right of the property) and the single-family housing area (to the left). Therefore, the best option might be to propose a zone with low-rise multifamily housing (currently planned as 8 stories + penthouse) and single-family homes. A study is being conducted to explore planning proposals, costs, and feasibility.