R3 Land with Authorized Project for Sale
MAD 5,950,000
MAD 14,337 / sqm
Information
- Property type
- Land
- Land
- 415 sqm
- Ref.
- MI-2Z7BVE
About this property
415 m² land in R3 zone, with ongoing authorization project, offering an opportunity for developers.
Sale Price: 5,950,000 MAD
Investment: 5.9 million dirhams
Projected Revenue: 17 MDH
Estimated Gross Margin: 35%
The project can be completed quickly due to the ongoing authorization.
The land is located in the Laymoune neighborhood in Casablanca, near the University Hospital Cheikh Khalifa and the Private Medical University.
415 m² land for sale in R3 zone, ideal for a residential project with high potential.
The land is occupied by an architect's villa to be demolished
• R3 Zone
• Two shops
• Eight apartments
• Total vendable surface: 1076 m²
Profitable perimeter
• Estimated selling price: from 16,000 MAD/m²
• Minimum projected revenue: 17 MDH
• Estimated gross margin: 35%
• The commercialization will be facilitated by the strong demand in the sector.
High-demand location
The project benefits from a strategic location, near the University Hospital Cheikh Khalifa and the Private Medical University.
This location attracts medical students, young doctors, interns, executives, and young professionals, as well as real estate investors.
• Medical students
• Young doctors and interns
• Executives and young professionals
• Real estate investors
The demand for housing and accommodation is particularly strong, ensuring a rapid commercialization of the program.
Project advantages
• R3 Zone land
• Building permit in progress
• The launch of the construction site can be rapid.
• The project is perfectly adapted to local demand.
• Strong demand for sale and rental.
• Attractive projected revenue.
• Estimated gross margin of 35%
• Premium location, at the heart of a health and higher education pole in full development.
Agency fees: 2.5% VAT
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