Townhouse in Mahon, Menorca, Spain 601 sq.m. No. 84645

Townhouse in Mahon, Menorca, Spain 601 sq.m. No. 84645
ID84645 € 360 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
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Property description

Interesting asset for
investment or development. Plot with a surface area of approximately 550
m² with a 22m street width. There is currently a building that dates
back to 1945 and is used as a warehouse, with a constructed area of 601
m², as per the registry description . Possibility to develop a block
of flats, subject to planning permission.

Current planning regs are as follows -

- Qualification: Zone 2.e, housing, warehouses, plots with special projects.

- Use: detached house and multi-family housing.
- Arrangement: according to road alignment or isolated arrangement.
- Net buildable area: 1.70 m²/m²
- Maximum buildable depth: 14 m.
- Maximum height: 10.0 m (PB+2)
- Use intensity index: 1 room/47 m²
- Parking provision: 1.5 spaces per home.

In applying those set planning parameters, it appears the most viable
development project would be a multi - housing building aligned with the
street with a basement, ground floor and two additional floors, which
would occupy 317 m² on the ground floor (22.65m x 14m). The maximum
buildable area above ground would be 946.05 m² (556.50m² x
1.70m²). The basement would be used for parking spaces and the rest
of the floors for homes. The total constructed area of the building
would be 1,263.15 m² (317.10 m² below ground and 946.05 m²
above ground), with a proposed distribution as follows: -Basement floor:
317.10 m² (parking spaces) -Ground floor: 317.10 m² (homes)
-First floor: 317.10 m² (homes) -Second floor: 311 .85 m²
Divided into 15 parking spaces and 10 homes. The average size of the
homes would be about 95 m², which could incorporate 3 bedrooms and 2
bathrooms. Qualities similar to the average of the surrounding area are
estimated, focused mainly on main residences or investments homes.

NOTE: Planning regulations subject to change. Non-binding
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Living space601 m2
  • Price
  • per m²
€ 360 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
Jose Pons
Jose Pons
Commercial director