Building Plot for sale in La Alcaidesa, Cádiz

Investment in urban land in La Alcaidesa, opportunity with garage project

A magnificent investment opportunity is presented in an urban plot in La Alcaidesa, an area in full development within the Campo de Gibraltar, known for its economic and tourist dynamism. The land has an approved basic and execution project for the construction of 8 garages, an asset with high demand in the area due to residential and port growth.

Key advantages
1. Privileged location
- La Alcaidesa is an expanding area, with projects like Alcaidesa Marina, which has reinforced its commitment to sustainability and innovation, including photovoltaic facilities and commercial expansion plans.
- Proximity to key infrastructures, such as the marina and the highway, which increases the value of the urban land.

2. High demand for garages
- The scarcity of parking spaces in urbanized areas and the increase of residents and tourists in La Línea guarantee a quick return on investment through rental or sale.

3. Approved project:
- The plot already has a license for 8 garages, which reduces risks and bureaucratic procedures, accelerating the return on investment.

4. Competitive price.
- Compared to the market value of urban plots in similar areas (e.g. Las Palmas, where 100 m2 plots exceed €135,000), this opportunity could offer a significant discount.

5. Potential for appreciation
- The price of urban land in Spain has shown an upward trend in 2024 (+13% year-on-year), and coastal areas like Campo de Gibraltar maintain sustained appeal for investors.

Recommendations for the investor
- Verify buildability: Confirm with the local PGOU the occupancy rates (COS) and permitted uses.
- Profitability analysis: Compare with garages in the area (e.g. in income statements, independent spaces are taxed at 1.1%-2.2% of the cadastral value).
- Synergies with local projects: Alcaidesa Marina plans to open its commercial area in 2025, which could increase the demand for parking spaces.

Conclusion: This investment combines security (approved project), growing demand, and location in a strategic area, aligned with the urban and tourist development of La Alcaidesa. Ideal for investors seeking tangible assets with liquidity.

Costs derived from the purchase and sale by the buyer:
Approximately €1200 Notary and Registry
7% ITP - Tax Agency of Andalusia
1% Real estate fee