Lot for condo development 5160 ft² Lead part of a 3 lot 13K ft² (64K ft²) opportunity
3 Lots in legendary location 13.100 ft² for potential 64K ft² condo development .
This is one of those opportunities where you ask yourself how is this much land in this sector even available. The answer: a just cleared succession.
These are a series of 3 properties that are individually owned by members of a family and a third party, and there is a path to unify the whole 3 lots (1.220 m² - 13.100 ft²) and develop a single condominium with around 6000 m² (64.583 ft²) for mid-high strata housing.
It usually works by buying the biggest property first and buying-out or including the remaining owners in the future development, the 2 different owner groups are OK with that and are open to collaborate to "englobe" everything, that helps a lot.
The initial listing is for the biggest and primmest of the 3 properties at 472 m² (~5.100 ft²) south-west corner house, single owned by the current head of the family which is our direct contact.
This single property alone have enough area and location to be developed as a condo straight away, but the real play here is to unify the 3 properties and develop big.
The data and prices in this listing is for this single property, they may serve as an approximation for the remaining ones, but those will be specified later on.
- Neighborhoods: Contador
- Floor plans:
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This Lot type property is located in the neighborhood Contador in Bogota city, is categorized as a local socioeconomic stratum of 4 in a 1 to 6 scale. Is currently For sale and has been listed on realty.arcadia.global. This property is valued at $450,000.00, with about 5100 sq ft giving a price per area unit of $88.00. It has 3 beds bedrooms, 4 baths bathrooms, and Fireplace, Lawn, Prime Location with . The property was built around 1970.