PLOT / LAND WITH GREAT DEVELOPMENT POTENTIAL

An interesting property is offered for sale located in San Miguel de Salinas, Alicante, currently occupied by an industrial warehouse and with great potential for the development of a new real estate project. According to the available land registry documentation, the existing warehouse has a built area of 151 m² and is situated on an approximate plot of 394 m². Following inquiries and discussions with the Town Hall, the possibility of demolishing the existing building to develop a new construction has been studied, considering a maximum buildable depth of 18 metres and the possibility of building a ground floor plus two storeys. The estimated timeframe to carry out the demolition and subsequent construction would be approximately 5 to 6 months, depending on the final project, the processing of the corresponding licences and authorisations, and the execution of the works. Due to its characteristics and development possibilities, this is a particularly interesting property for developers, builders, and investors seeking a new construction opportunity in San Miguel de Salinas. The property is currently for sale and offers the possibility of acquiring an existing building with interesting potential for transformation and urban planning utilisation. The indicated construction possibilities are based on the inquiries and discussions held to date with the Town Hall, so the final buildability, heights, buildable depth, areas, and other urban planning parameters must be confirmed through the corresponding technical and urban planning study and will be subject to current regulations and the obtaining of the relevant municipal licences and authorisations.