Building Plot for sale in Melilla, Melilla

Plot in the heart of Melilla, next to Avenida Infantas de España — ideal for a multifamily development

Plot/property for sale, to be renovated or demolished, at Calle Valladolid nº 28, in one of the most established areas of central Melilla and one of the most active for redevelopment, just a few metres from Avenida Infantas de España.

95 m2 plot (residential use), with an existing building dating from 1918 that is suitable for complete renovation or replacement. The location allows for a multifamily development with a commercial unit on the ground floor, as confirmed by a project already licensed in the same area for a building with 6 homes and 3 commercial units. This information should be checked with the city council.

This is an opportunity to acquire consolidated urban land in a central area, with all amenities, shops and transport within walking distance, and proven potential for appreciation, supported by recent development activity in the immediate vicinity.

Ownership share: 100% (full ownership of the property).
Area: 95 m2
Use: Residential
Cadastral reference: 5538905WE0053N0001XP
Offers are welcome, and a property exchange may be possible.