• Transaction / Assets
    6,600 m2 residential plot in Collado Villalba (Madrid)
  • Seller
  • Buyer
    Habitat Inmobiliaria
  • € MM

Habitat Inmobiliaria to Build 79 Homes in Collado Villalba (Madrid)

5 June 2018 – El Mundo

Habitat Inmobiliaria has acquired a plot of buildable land in Collado Villalba (Madrid) measuring more than 6,600 m2 on which it is going to build a new real estate development comprising 79 homes and 119 parking spaces distributed over a single 4-storey block. According to a statement from the company, which specialises in the development and construction of residential projects, the two- and three-bedroom homes, will have a useful surface area of between 74 m2 and 94 m2 each, and will all have a terrace. The urbanisation will also have extensive green spaces and a swimming pool.

The future urbanisation is located in Collado Villalba, on Calle Cañada Real, on the corner of Santa Teresa de Jesús and bordered to the south by the Guadarrama River. The area is fully equipped with facilities, schools, nurseries, a doctors’ surgery and supermarkets, and has excellent access to the A6 motorway with connections to Madrid in less than 20 minutes.

The marketing of this new real estate development will begin over the coming months and the scheduled date for the start of the construction work is the third quarter of 2019. In terms of delivery, the homes are expected to be ready by the second quarter of 2021.

Habitat Inmobiliaria indicates that “the acquisition of this plot forms part of the land acquisition plan that the company has launched and which will be added to the more than 1,000 homes that it already has under development”.

Original story: El Mundo (by S.V.)

Translation: Carmel Drake