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Vía Célere Acquires 2 Plots Of Land In Madrid For €10M

6 April 2016 – El Mundo

The property developer Vía Célere has acquired two plots of land in Madrid for €10 million, where it plans to construct two new developments, according to a statement by the company.

The plots, located in the town of Móstoles and in the neighbourhood of Embajadores, have an above ground buildable area of 5,400 m2 and 4,400 m2, respectively. Similarly, the owner pointed out that both sites are well connected and benefit from good services, “which are very important factors when it comes to buying a home”.

The Chairman of Vía Célere, Juan Antonio Gómez-Pintado, highlighted that Madrid and the Community in general “has some very interesting plots of land for the construction of new homes”. Specifically, in the case of the plot in Embajadores, he said that his company has “studied the area in great detail, as it is close to another development that we are already working on and where all of the units have already been sold”. Similarly, regarding the purchase in Móstoles, they commented that the determining factors behind the sale have been “the price and the location, two of our fundamental premises for the construction of new homes”.

Currently, Vía Célere owns seven property developments that have been completely sold out, one that is under construction and one that is pending delivery, but also sold completely and one with units still for sale, which is very close to the Méndez Álvaro area, called Residential Célere Adelgas II (pictured above). In addition, the property developer is hoping to launch three new projects within the next few months.

Original story: El Mundo

Translation: Carmel Drake

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