Bollullos de la Mitación, Sevilla 41110 sq ft of Commercial Land Offered at £51,270

Investment opportunity aimed at investors, asset management companies, and developers with a medium-term outlook. The offer involves the transfer of a registered property and the associated allocation rights within the new industrial and logistics expansion area of Bollullos de la Mitación (Seville), adjacent to the established PIBO Industrial and Services Park. This is not the sale of ready-to-use land but rather the acquisition of urban development rights and future utilisation units in one of the most promising business areas of Aljarafe, allowing for the securing of industrial land at a cost per square metre lower than that of already developed plots. The operation has received final approval for the urban planning innovation, as published in BOJA No. 130 on 10 July 2023. The property is currently in the urban management phase and is awaiting the execution of the re-parcelling and urbanisation project. The estimated timeline for the delivery of the finalised industrial land is set for 2029. The definitive delimitation of the net utilisation and the allocated plot will be determined in the municipal re-parcelling project and may differ from the gross registered area. The offered price does not include expenses arising from the purchase, which, by law, are to be borne by the buyer.