Terreno De Almuñécar

Looking for your new investment? We have it.

Excellent opportunity to acquire this development located in the town of Almuñécar (Granada).

CONSTRUCTION HALTED: 38 terraced single-family homes of approximately 154 square meters with 36 parking spaces and 22 storage rooms. The development has two entrances and another direct access to the N-340 road. It complies with current urban planning regulations, and there are no requirements or sanction proceedings from the Almuñécar City Council.

Regarding the urbanization, the urban works, including a road already completed, were not included in the building project. In any case, it has not been officially accepted according to a prior report. The construction progress is considered to be 40%.

The homes are two-story terraced single-family houses with sloped roofs covered with Arabic tiles and private patios. 28 parking spaces are located in a communal parking area on level -3 next to the storage rooms, while the remaining 8 spaces have individual and independent exits to the road on level -7. The residential complex is set on an irregular plot surrounded by green areas.

It offers all necessary public or private services such as local shops, pharmacies, health center, educational centers, a wide range of dining options, supermarkets, municipal transport stops, and green zones.

More details:
Main features:

- 38 terraced single-family homes
- 36 parking spaces
- 22 storage rooms
- Type: two-story homes with private patios
- Construction progress reviewed at 40%, lower than the estimate in the 2022 appraisal
- Urban status:
. Development complies with current urban planning regulations
. Building permit in force
. No sanction proceedings or urban requirements
- Does not have:
. Final Work Certificate (CFO)
. First Occupancy License (LPO)

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