Building Plot for sale in Cartagena, Murcia

Brownfield? Actually urbanizable land for an urban development project in Cartagena, a few minutes from the town center and with a variety of on-site services (shopping center, first-brand supermarkets, schools and University of Cartagena). Exceptional location in full urban development with a variety of new-build housing promotions very nearby.

Current land use classified as urban land for residential use, according to the General Development Plan of March 2024.

It is very well connected in terms of accessibility, by public and private transport. Pending urbanization, but it has coverage for water, electricity, sanitation and internet services.

Residential developments are allowed, with restrictions on height and density of buildings. Due to the high demand in the area and the scarce supply of promotions, it would be an excellent investment due to sale prices, estimating for 3-bedroom homes approx. €230,000 and for 4-bedroom homes approx. €295,000, making it a favorable economic feasibility.

The land has capacity to build between 150 and 170 dwellings. The distribution will be defined based on design studies and urban planning needs.