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An interesting property is offered for sale in San Miguel de Salinas, Alicante. The property is currently occupied by an industrial building and offers significant potential for the development of a new real estate project.
According to the available cadastral documentation, the existing industrial building has a constructed area of 151 m² and is situated on a plot with an approximate cadastral area of 394 m².
Following enquiries and discussions with the local Town Hall, the possibility of demolishing the existing building and developing a new construction has been explored. Based on the information obtained to date, the potential development could include a maximum building depth of 18 metres and the possibility of constructing a ground floor plus two additional storeys.
The estimated timeframe for carrying out the demolition and subsequent construction would be approximately 5 to 6 months, depending on the final project, the processing and approval of the necessary licences and permits, and the execution of the construction works.
Due to its characteristics and development potential, this property represents an especially attractive opportunity for developers, construction companies and investors looking for a new-build development opportunity in San Miguel de Salinas.
The property is currently offered for sale and provides the opportunity to acquire an existing asset with considerable potential for redevelopment and future development.
The construction possibilities described above are based on enquiries and discussions held with the Town Hall to date. Therefore, the final buildability, permitted number of storeys, maximum building depth, floor areas and all other planning and development parameters must be confirmed by means of the appropriate technical and urban planning studies. All development possibilities remain subject to the applicable planning regulations and to obtaining the corresponding municipal licences, permits and approvals.
