Residential property at Lagasca 99
Unique plot of residential land in Madrid’s exclusive Salamanca district.
The plot comprises a total buildable area of 26,203 sqm.
The Lagasca 99 Project will occupy most of the block formed by Calle Juan Bravo, Calle Maldonado, Calle Claudio Coello and Calle Lagasca, an exceptional location in the heart of Madrid’s Salamanca neighbourhood. This is the city’s prime residential area, within striking distance of the Calle Serrano and Calle Ortega y Gasset high streets, often referred to as the “Golden mile” due to the amount of leading high-end brands and luxury designer boutiques.
Its development potential makes it an extremely unique property, due to the lack of high quality new-build housing in the centre of Madrid.
The plot comprises a total buildable area of 26,203 sqm, 74% of which is above-ground according to the detailed sectoral plan (Plan Especial Urbanístico), and also benefits from three underground car parking levels. It is the only standalone residential plot in the Salamanca neighbourhood.
From now on, LAR ESPAÑA REAL ESTATE will manage this new real estate project which aims to construct a Class-A residential property and thus meet the growing demand for this type of product. This project forms a key milestone in LAR ESPAÑA REAL ESTATE’s strategy which involves investing part of its funds in high quality residential properties.