Calle Luis Mexía, 2 0.09 Acres of Residential Land Offered at $305,896 CAD in Yeles, Toledo 45220

Building plot of 380 m2 located in the heart of Yeles, Toledo. The asset consists of two adjoining registry plots and has an unbeatable central location a few meters from the town hall square. It also has access to two different streets. The land is ideal for building a block of approximately 12 two-bedroom homes with garages. There is already a preliminary project carried out in accordance with urban planning regulations, which covers a total built area of 1,294 m2. There is a strong demand for rental housing in the town, so developing a multi-family building would be a very profitable investment. Yeles is a municipality in the province of Toledo, Castilla-La Mancha, with a population of 6,176 inhabitants (INE 2023). Located 45 minutes by car from Madrid, it offers a wide variety of cultural and gastronomic activities, in addition to having all the necessary services.