Exclusive estate with classic home and great potential for development in Aravaca

Located in one of the most sought-after and established areas of Aravaca, this property stands out for occupying a magnificent 3,125 m² plot. Its spectacular garden is a true oasis of peace in the heart of the urban area, surrounded by mature, lush woodland that provides a unique natural setting and complete privacy, whether you choose to retain the existing building or pursue a new-built project.

The property includes a 308 m² built structure that offers a solid foundation and a blank canvas with endless redistribution possibilities for designing a bespoke home:

• Main Floor: Currently comprising a living room, separate dining room, sitting room, kitchen, sleeping area with 2 bedrooms and 2 bathrooms, as well as a conveniently covered garage area.
• Upper Floor: Includes a second living room, office, and 3 additional bedrooms with 2 bathrooms.

Two strategic investment alternatives

1. Bespoke Renovation Option (Retaining the structure): Allows you to redesign the building to your preferences and adapt the spaces to current needs, while enjoying this almost 3,000 m² green haven with absolute privacy and avoiding the obligation to transfer and develop the designated land.

2. New-Build / Development Option (Zoning Regulation 8.2.b): Intended for those who prefer to develop a new-built project from scratch or a real-estate development.

• Urban-Planning Transfer Mechanism: The property requires the formalization of the mandatory, free-of-charge transfer to Madrid City Council of a 1,486 m² strip classified as Basic Green Zone under PGOUM-97, with the developer assuming the costs of its execution and development.
• Resulting Net Plot: Following the transfer, the property consolidates an independent net urban residential plot of 1,639 m².
• Buildability and Potential: With a floor-area ratio of 50%, the land allows for up to 820 m² of above-ground floor area (ideal for designing a large representative single-family villa or an exclusive development of semi-detached or terraced houses).

A unique opportunity to design a luxury residence or development without giving up peace and quiet or the convenience of having everything close at hand.