ARE YOU LOOKING FOR A HIGH-RETURN DEVELOPMENT PROJECT IN Requena?
Building for sale in mid-construction (works halted), with the structure already completed and consolidated, located in a strategic and highly sought-after area within Requena?s main expansion zone. A unique opportunity for developers and builders looking to complete a residential scheme with strong local demand.
PRIME LOCATION WITH DUAL ACCESS
The property enjoys an exceptional position:
Main façade: access from Calle Constitución, the main entrance road into Requena.
Rear façade: direct exit onto Fuente Bernate, connecting with Urbanización de Reinas.
Surroundings: located on a quiet private street, directly opposite the Consum supermarket, guaranteeing immediate services and constant footfall.
Consolidated residential area with excellent access to the A-3 motorway and close to the commuter rail and high-speed train stations.
TECHNICAL DATA AND FLOOR AREAS ? PROJECT POTENTIAL
The building stands on a cadastral plot of 545 m² (559 m² according to the title deed).
The reinforced concrete structure is in good condition and is distributed over a basement, ground floor, three upper floors and a penthouse.
Estimated total built area: approx. 1,865 m²
Basement: 560.56 m² ? currently laid out for 19 parking spaces and storage rooms. Access ramp already completed.
Ground floor: 293.02 m² ? suitable for residential use or alternative layouts depending on the final project.
1st, 2nd and 3rd floors: 304.35 m² each ? open-plan, ready for residential distribution.
Penthouse floor: 99.13 m² ? excellent potential for duplex units or adaptation as attic accommodation, subject to the current planning regulations (PGOU).
BUSINESS OPPORTUNITY
Cost and time savings: the structure and foundations have already been executed (approximately 30% of the total construction works certified), significantly reducing development time and overall costs.
Planning flexibility: the project must be adapted to the current Local Development Plan (PGOU), mainly regarding overhangs and roof design, allowing the investor to redesign the final product and maximise its market value, estimated at over ?1.8 million once completed.
For further information, please contact us.
FOR SALE
Asking price: ?500,000.
Taxes and purchase costs are not included.
The purchase entails taxes and legal costs payable by the buyer. For guidance only, in second-hand transfers the general Property Transfer Tax (ITP) in the Valencian Community is 10%, although different rates may apply depending on the buyer?s personal circumstances or other legally established conditions. The taxable base will be the higher of the purchase price, the valuation, or the official cadastral reference value.
Notary and Land Registry fees, where applicable, usually range between approximately 1.5% and 2.5% (fees vary depending on the price, number of copies and complexity). The buyer is free to choose the notary.
If the buyer requires a mortgage, valuation fees, lending conditions and bank costs will depend on the chosen financial institution, as will management fees and any other expenses legally attributable to the buyer, unless expressly agreed otherwise with the seller.
In accordance with current regulations, the consumer has access to additional information and documentation relating to the property and the terms of the sale at C/ Joaquín Costa 4, ground floor, 46005 Valencia, or by email at urbe2@remax.es
Estate agency fees payable by the BUYER: 3% of the final sale price plus VAT (21%), unless otherwise agreed.
Seller?s fees: as agreed with the seller.
Please note that the agency acts solely as a real estate intermediary. Any eventual sale and its conditions are subject to the express acceptance of the seller and to the subsequent formalisation of the corresponding contract.
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