Rustic property of 7 ha for sale in Madrid

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RUSTIC

|

AGRICULTURAL •

LIVESTOCK •

RECREATION •

OTHER

7 ha | Madrid

120.000 EUR

128.927 USD

Description

********* MAGNIFICENT LAND FOR SALE! **********

Spectacular 7-hectare (Over 70,000 m2) plot next to the Guadarrama river, with wooded area and open space. Numerous possibilities for development.
The land is rustic, with predominant activities being agricultural and livestock exploitation. However, in recent years rural tourism and the installation of renewable energy sources have also been promoted as a way to make use of non-developable land. There are many profits that can be obtained from the property and its natural surroundings.

In addition, the rural land parcel can be used for industrial, productive, service-related or tertiary purposes. All of this provided they comply with a series of local, regional and state limitations and conditions.

Is it possible to build a house on rustic land?

Yes, it may be possible but it requires meeting specific requirements and procedures. In Madrid, building a home on rustic land is regulated by Law 9/2001 of July 17th regarding Land in the Community of Madrid. According to this law, certain administrative procedures must be carried out to obtain necessary permits and legalize the dwelling. In other words, a home built on rustic land is generally not illegal but its legality depends on correctly following the legal process.

Listing updated 2 months ago

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Location

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Rustic property of 7 ha for sale in Madrid

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