• Transaction / Assets
    1,508 m2 plot of land (Vigo)
  • Seller
  • Buyer
  • € MM

Viqueira Buys Plot in Vigo on which to Build 130 Homes

20 March 2018 – Inmodiario

Viqueira has recently acquired a plot for the construction of 130 homes in PERI IV-09, known as “Baixada de San Roque”. The surface area of the plot measures 1,508 m2 and a 10-storey tower, comprising 2-, 3- and 4-bedroom homes, is going to be built on the site.

Specifically, the plot is located on Rúa Morcego, in a new urbanisation that has been completed and approved by the Town Hall, and which has green space alongside it.

This new acquisition by the company forms part of its strategic plan for 2015-2020 through which Viqueira is planning a number of investments in Galicia and the Canary Islands, and which represents the start of the most important residential real estate project in Vigo.

It is not the first time that Viqueira has carried out a residential project in the San Roque area, in fact, the Vigo-based construction company has built more than 400 homes in the region, the most recent and iconic of which was the “Plaza de las Palmeras” project, undertaken by the company in the 1990s.

The company is already working on the building plans and hopes to be in possession of the construction licence by the end of the summer when it expects to start marketing the development (…).

Original story: Inmodiario

Translation: Carmel Drake