Land for sale in Madrid Ref: X-C6M-T8L

€ 6,000,000
Ref: X-C6M-T8L
€ 6,000,000

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Plot 530,000
The property of 530.000m2 of land is situated in the rural Municipality of Montánchez, province of Cáceres and region of Extremadura. Montánchez town sits in the Sierra de Montánchez, a small mountain range rising above the plains of Extremadura. Its elevated position has earned it the nickname "the balcony of Extremadura". The land’s average height is 1.000mt above sea level; the scenery is mountain, bushes and some trees, clearly suitable for an upgrade to become a wind farm or for other industrial use. There’s a 750m2 house on the land, currently used for offices. Two telecommunication enterprises have placed their repeater antennas there and generate net revenues of 75.000€ per year, both under a 15-year contract bases. Expenses are derisory and there’s a freshwater spring on the land. Clearly there’s potential to increase the rate of return. We can forward all paperwork on application to qualified buyers and companies interested in this land.

Nearby places

Fees, Energy Rating

Fees
Community Fees Not Available
Basura Tax Not Available
IBI Fees Not Available
Energy certificate
The energy certificate is pending

Average prices for Madrid

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All features

Category

  • Investment

Climate Control

Condition

Features

Furniture

Garden

Kitchen

Orientation

Parking

Pool

Security

Setting

  • Country

Utilities

Views

  • Mountain Views
  • Panoramic Views