€ 228,000
Undeveloped Land for sale in Alhendín, Granada
- 2411 m2
Description
We present an unusual investment opportunity in one of the municipalities with the highest growth in the Granada metropolitan area.
This involves three plots with independent cadastral references, integrated within an urban development area whose planning has already been approved. The three properties form part of a consolidated urban development project that will allow their future transformation into land suitable for residential development, in accordance with the determinations that are established during the final execution of the sector.
It is important to note that the three plots are marketed exclusively together; separate sale is not possible. The asking price corresponds to the full set of the three properties and amounts to €703,000.
The urban planning process is currently at a stage where, although the planning has been approved, the specific resulting plots that will correspond to each owner have not yet been defined, nor the exact final development entitlement area that will be allocated after the final redistribution (reparcelación). This is where the resulting roof area measurements and the number of square meters of each plot will be indicated. For this reason, the investment should be understood from an urban planning and future development perspective, where the value lies in the participation within the development area and the associated urban rights granted for the group of plots.
The location of the sector is in an area with strong growth potential within Alhendín, a municipality that continues to consolidate itself as one of the main hubs for residential expansion in the Granada belt, thanks to its excellent connectivity to the capital, the growing demand for housing, and the ongoing improvement of infrastructure and services.
This operation is especially attractive for developers, investment groups, and asset-holders looking to join an urban development project with momentum and the capacity for value appreciation in the medium and long term.
An investment supported by approved planning, with expectations for future development, and located in an environment where residential demand continues to show a positive trend.
Total asking price for the full set: €703,000.
Mandatory sale of all three plots together. This plot is 1 of the 3 referenced.
Features
- Undeveloped Land
- Plot: 2411 m2
- Energy Efficiency Rating: In Progress