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Junta De Andalucía Puts 6 Plots Of Land Up For Sale In Rincón de la Victoria

Posted by: In: Real Estate 20 Nov 2017 Comments: 0 Tags: , , , , , , , , , , ,

12 November 2017 – 20 Minutos

The plots of land are located in the Malagan municipality of Rincón de la Victoria and the Junta has put them on the market for a total price of €15.8 million. This represents the fourth and final sale of the year in the province.

The representative for Development and Housing in Málaga, Francisco Fernández España, reiterated that this initiative from the regional Government seeks “to boost the promotion of housing in the province, especially social housing properties, and place public land assets at the disposal of the local production fabric”.

According to España, the objective is to “boost” economic activity and “generate employment” in Málaga, whereby allowing “business and industrial development by making these plots of land available”.

Moreover, the representative highlighted that the revenues generated from the sale of these assets will be used to allocate resources to the “housing policies, especially orientated at helping the most vulnerable families and those who can least afford to buy a home”.

At the same time, he continued, the revenues will be used to “facilitate companies’ ability to undertake their production activity and grow and expand with new plots”. In this way, he said that this land sale will also contribute to the reactivation of the construction sector and to the generation of employment in a sector that was hit very hard by the crisis”.

According to a statement issued by the Junta, the last land offer of the year seeks to “transfer land that has already been classified as developable by the Agency for Housing and Rehabilitation in Andalucía (AVRA) and therefore, that is ready to be built on”. (…).

Of the six plots, the largest one has capacity for 88 homes and the smallest one, for 50 homes. In addition to these plots, the offer includes two retail premises in the centre of Málaga and five parking spaces in the Malagan municipalities of Villanueva del Rosario and Ronda.

Plots in Andalucía

This new offer comes after AVRA has sold plots with capacity for the construction of 1,473 homes, mostly social housing properties, during the current legislature. Those plots have a combined surface area of 287,282 m2, split between residential and industrial use across the whole of Andalucía, according to the Junta.

The recovery of land management by AVRA has allowed it to sell plots with a combined sales price of €50.2 million in total since 2015, according to the Andalucían Government.

Of those plots, the land dedicated to residential use amounts to 107,928 m2, with capacity for the construction of 1,473 homes, of which 891 will be social housing units and the remaining 582 will be private homes.

Meanwhile, industrial land amounted to 179,353 m2 and the vast majority of that is located in the province of Jaén, in particular in the municipalities of Alcalá la Real, Martos and Linares.

Original story: 20 Minutos

Translation: Carmel Drake

The post Junta De Andalucía Puts 6 Plots Of Land Up For Sale In Rincón de la Victoria appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts


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