€890.000
Investment Overview
Acquisition of residential development land on the Barcelona coast, priced below its independent valuation. Investment thesis: a beachside location with scarce new-build supply. The rezoning to residential is being driven by the City Council itself and already has initial approval, which significantly reduces planning risk. The buyer can start design work now and be ready to apply for a building licence as soon as final approval is granted. Suitable for residential developers, build-to-sell or build-to-rent investors, and affordable-housing operators. • Independent valuation: €1,127,000 (Tecnitasa), about 21% discount • Plot: 761 m², flat, fenced and fully serviced • Buildable area: 913 m² residential GFA (ground floor + 3 storeys) • Implied land cost: about €975/m² of buildable area • Mix: 60% free-market / 40% affordable housing (20% sale, 20% rent) • Buildable area: 913.20 m² residential GFA (net index 1.20 m²/m²) • Height: ground floor + 3 storeys, max. 12.50 m • Max. site coverage: 30% • Housing mix: min. 40% affordable housing (20% for sale + 20% for rent), 60% free market • Fully urbanised plot with all utilities; flat and fenced • No coastal or other relevant easements affecting the site • No project yet. Design can start in parallel with the zoning process • Fully serviced plot, ready for design to start in parallel with the approval process
Additional Information
Sales process
Off-market sale under a signed sale mandate. Qualified buyers sign an NDA to receive the full technical and planning dossier, exact location and cadastral reference. Site visits are coordinated by us. Offers must be submitted in writing with proof of funds. Direct sale by the owners, with transfer subject to ITP.
Description or other relevant info
Flat, fenced urban plot of 761 m² (two adjoining parcels managed jointly) in an established residential coastal neighbourhood, with the beach, seafront promenade and local services within walking distance. Good connections to Barcelona via the R2 Sud commuter rail line and the C-31/C-32 motorways. The City Council is processing a rezoning from services to residential use, which already has initial approval. Once completed, it allows up to 913 m² of residential GFA (ground floor + 3 storeys), with a 60% free-market / 40% affordable housing mix. Beachside location with limited new-build supply. Rezoning initiated by the City Council itself, which lowers planning risk.
