€ 550,000
Building Plot for sale in Gabia Grande, Las Gabias, Granada
- 690 m2
Description
Attention developers! Urban plot in Las Gabias – Top potential and strategic location
A 690 m2 urban plot is for sale, ready to materialize any housing or commercial project. A perfect opportunity for investors and developers seeking profitability and future growth, next to the future metro stop and with direct access to Granada city.
Strategic location
The plot is located in Las Gabias, surrounded by all essential services: banks, church, gas station, tobacconist, 24-hour shops, and bus lines that connect to Granada. Proximity to the metro and the highway guarantees convenience and connectivity for future residents or clients.
Plot presentation
Urban plot of 690 m2, with the possibility of developing housing and commercial units. Buildability of 2.6% if you combine uses, or 2.4% if only housing is planned. Privileged location next to the future metro stop and with direct access to Granada city center. Ideal for projects seeking high profitability and future growth.
Technical sheet
Area: 690 m2
Ground type: Direct urban
Buildability: 2.6% (houses + shops) / 2.4% (only housing)
Configuration: Regular plot, ready to build
Nearby services: Banks, church, gas station, tobacconist, 24-hour shops, buses
Access: Metro and direct road to Granada
Estimated profitability
This plot offers very interesting development potential:
Construction possibility: 6–10 homes depending on the project
Estimated construction cost: €700,000–€850,000
Total approximate investment: €850,000–€1,100,000 (including purchase, licenses, and expenses)
Estimated final sale value: €1,700,000–€2,050,000
ROI approximate: 32%–52%
Developer margin: 20%–33%
A clear opportunity for investors seeking immediate profitability and future projection, with a plot ready to act and a strategic location.
Preliminary project idea
Multi-family building of 2–3 floors, with entrance and possibility of an elevator. 2–3 bedroom homes, with option for shops on the ground floor or basement with parking spaces. Perfect for families and young people seeking proximity to Granada, convenience, and street-level services.
Conclusion
A plot with high demand and real potential, ideal for developers looking for a profitable, secure project in a strategic location.
Features
- Building Plot
- Plot: 690 m2
- Energy Efficiency Rating: In Progress