Land

Bilbao City - Residential Plot in Zorrotzaurre

Area Mixta de Zorrotzaure Bilbao, Vizcaya Spain 48014
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()

Property Description

  • Residential Plot in Bilbao City.
  • Buildability above ground almost 30,000 sqm.
  • Located in the new island of Zorrotzaurre, the lastest major urban regeneration project to be implemented in Bilbao.
  • It used to be an important port industrial area that is being transformed in a new neighborhood, next to the city center and very well conected with the rest of the city and its metropolitan area.
  • Zorrotzaurre will dispose residential uses and also important cultural, educational, sportive and leisure uses, right next to downtown.
  • It is a great opportunity to develop a residential complex in such an important city as Bilbao, in a powerfull micro-location.

Investment Highlights

  • Residential plot for almost 30,000 sqm to be developed above ground and almost 18,000 sqm below ground.
  • A new neighborhood supported by the public administrations as a major urban regeneration project begun 25 years ago.
  • Today, urban planning is completed, plots have been registered in the Property Registry and urbanisation works are ongoing in the area where the plot is located, so next step will be to beging building works in parallel to the urbanisation works.
  • Other areas of Zorrotzaurre have already been urbanized and built.
  • Financial advantage: The payment structure will adapt to the urbanisation works until the municipality allows to release Building Licenses. Therefore, an investor can design and submit the building project before paying the total plot price.
  • For further information, it is required to register in this website and sign an NDA.
Last Updated Date: 20 Nov 2020
Jose Luis Sainz Pardo
Jose Luis Sainz Pardo
Living, Capital Market Director
Cristina San Martin
Consultant

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Last Updated Date: 20 Nov 2020

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