Urban Plot in Vecindario, for sale

Strategic Urban Plot in Vecindario

Prime Properties GC presents an excellent opportunity for developers and investors looking to develop a residential project in one of the fastest growing and most sought-after urban areas in the south-east of Gran Canaria.

This is a consolidated urban plot of approximately 800 m², located in the heart of Vecindario, with a façade facing two main streets, a feature that allows for greater flexibility in architectural design and optimal distribution of accesses, dwellings and possible commercial spaces.

The location stands out for its fully consolidated urban environment, surrounded by shops, educational centres, restaurants, public transport and all the necessary services for everyday life. In addition, the area has a constant demand for housing, both for primary residences and for investment, which reinforces the attractiveness of the project.

Urban Potential and Development

According to the usual urban parameters for the area, the plot offers high building potential with indicative possibilities of:

Construction of between 3 and 4 floors above ground

Estimated buildable area between 2,000 m² and 2,800 m²

Approximate development of between 18 and 28 homes, depending on the final design

Possibility of incorporating commercial premises on the ground floor, garages and storage rooms

The double façade facilitates more efficient architectural projects, improves ventilation and light in the homes and increases their commercial appeal.

Estimated profitability

The current market for new builds in the area has approximate sale values of between €1,900 and €2,400/m², while construction costs are approximately between €1,100 and €1,400/m², to which technical, administrative and financial costs must be added.

Based on this data, the development could offer estimated developer margins of between 15% and 25%, depending on the type of project, construction quality and commercial strategy.

Investor Support

Prime Properties GC offers a comprehensive service that includes economic feasibility analysis, urban planning advice, coordination with architects and technicians, as well as project planning and marketing to optimise profitability.

Request Information

To receive a complete dossier, urban planning information or to arrange a meeting:

Details

• Type: Urban Plot
• Transaction: For sale
• Province: Las Palmas
• Town: Vecindario
• Living area: 800 m²
• Constructed area: 800 m²
• Plot size: 800 m²
• Type of property: Re-sale
• Energy certification (consumo): G
• Energy certification (emisiones): G

Extras

• Exterior: Yes

Strategic Urban Plot in Vecindario

Prime Properties GC presents an excellent opportunity for developers and investors looking to develop a residential project in one of the fastest growing and most sought-after urban areas in the south-east of Gran Canaria.

This is a consolidated urban plot of approximately 800 m², located in the heart of Vecindario, with a façade facing two main streets, a feature that allows for greater flexibility in architectural design and optimal distribution of accesses, dwellings and possible commercial spaces.

The location stands out for its fully consolidated urban environment, surrounded by shops, educational centres, restaurants, public transport and all the necessary services for everyday life. In addition, the area has a constant demand for housing, both for primary residences and for investment, which reinforces the attractiveness of the project.

Urban Potential and Development

According to the usual urban parameters for the area, the plot offers high building potential with indicative possibilities of:

Construction of between 3 and 4 floors above ground

Estimated buildable area between 2,000 m² and 2,800 m²

Approximate development of between 18 and 28 homes, depending on the final design

Possibility of incorporating commercial premises on the ground floor, garages and storage rooms

The double façade facilitates more efficient architectural projects, improves ventilation and light in the homes and increases their commercial appeal.

Estimated profitability

The current market for new builds in the area has approximate sale values of between €1,900 and €2,400/m², while construction costs are approximately between €1,100 and €1,400/m², to which technical, administrative and financial costs must be added.

Based on this data, the development could offer estimated developer margins of between 15% and 25%, depending on the type of project, construction quality and commercial strategy.

Investor Support

Prime Properties GC offers a comprehensive service that includes economic feasibility analysis, urban planning advice, coordination with architects and technicians, as well as project planning and marketing to optimise profitability.

Request Information

To receive a complete dossier, urban planning information or to arrange a meeting: