Solarverkauf Madrid

Unique investment opportunity in Fresno de Torote (Madrid). It consists of 388 plots of sectorized developable land for residential use, located in Sector S-8 ”El Fandango,” within the municipality of Fresno de Torote.

The land is in a growing residential area, in the district of Serracines, with a medium-low consolidation level. The population trend over the last five years has been positive, with a growth of +12%. In the first quarter of 2021, housing transactions increased by around +33% compared to the same period the previous year.

The average household income in the municipality is €33,254, and the average income per person is around €11,976 (source: Urban Audit – INE).

Total area: 113,794 m².
Maximum buildable area: 73,819 m², of which 72,987 m² are for residential use and 832 m² for other complementary uses.

Topography is mostly flat.
Participation in the area: 98.96%.
Replotting project already registered.
Urbanization project pending approval and execution.

Planned uses:
- Single-family housing (Grades 5, 6, 7, and 8)
- One plot for multi-family residential
- Facilities and infrastructure

Free and protected regimes in various grades.
Possibility to build up to 559 multi-family homes.

Ideal for developers and investors looking to undertake a large-scale project with urban planning flexibility.

Main cadastral reference: 6687106VK6968N0000SH (+388 additional cadastral references).

Do not miss this high-growth potential investment opportunity. Request more information without obligation and receive the best advice from our team of experts. We are here to help you make the best investment decision.

Informative note: The sale is free of encumbrances. The indicated price does not include taxes or fees. The purchase is subject to the Property Transfer Tax (ITP), whose general rate in the Community of Madrid is 6%*.
The buyer must cover the costs related to the public deed of sale at the notary, registration in the Property Registry, and, if applicable, the fees of a management agency if hired.

This opportunity is commission-free as it is a bank asset.