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IDEAL FOR INVESTORS!!! RESIDENTIAL Urban land for sale in Hoyo de Manzanares, in the city center with an area of 1,211 m² and a buildability of 1,570 m² of roof. The project includes the construction of 21 multi-family homes with garages, storage rooms in the basement, and a community pool. It has all urban services. The price of the land is €1,450,000. A total income of €7.3 million is estimated,
IDEAL FOR INVESTORS!!! RESIDENTIAL Urban land for sale in Hoyo de Manzanares, in the city center with an area of 1,211 m² and a buildability of 1,570 m² of roof. The project includes the construction of 21 multi-family homes with garages, storage rooms in the basement, and a community pool. It has all urban services. The price of the land is €1,450,000. A total income of €7.3 million is estimated, with a gross profit of nearly €2 million and a return of 27%, over a total period of 24 months (license and construction). It is a secure investment, with a good location, demand, and attractive margins.