Land plot in Madrid, Spain 1252 sq.m. No. 187805

Property description

Urban land for sale with a graphic area of 1,250 m², included in the APE 08.20 "Malmea-San Roque-Tres Olivos" within the Madrid Nuevo Norte project (one of the major development areas in northern Madrid's urban expansion) with the Compensation Board scheduled for November 2026.

As the owner of a plot included in APE 08.20, you will be entitled to:
• A proportional share of the total profitable development calculated at 965,321 m² of buildable space, of which 714,338 m² will be for residential use, 214,864 m² for tertiary office use, and 36,119 m² for tertiary commercial use. It is estimated that each square meter of land provides approximately 1.19 m² (*) of private buildable floor space.
• Buildable urban plots at the end of the process.
• Economic benefit derived from the land transformation estimated to be up to 35% (*) in the case of residential buildability and up to 23% (*) if buildability were for tertiary use.
• Information, control over the Board, and voting rights according to your participation coefficient.