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Melilla studio Málaga studioes
Kairós Arquitectura
Undeveloped plot on the Ctra. de Hidum in Melilla, with apartment blocks and palm trees behind

Melilla · Ctra. de Hidum

Available

Residential land for 72 homes

Urban plot of 2,289 m² with four street frontages in an established residential area. Feasibility study by Kairós Arquitectura: ground floor plus four storeys, retail units and a basement car park.

  • 2,289 m²

    Plot

  • ≈ 72

    Homes

  • GF + 4

    Storeys

  • €1,900,000

    Asking price

01 · The asset

A full block, with no party walls

Cadastral and planning data for the plot
Cadastral reference4658201WE0045N0001UJ
LocationC/ del Ing. Joaquín Barco y Pons 1, 52003 Melilla
Class / useUrban · Undeveloped land
Recorded area2,289 m²
Planning designationMulti-family residential T2

Bounded by Calle Ingeniero Joaquín Barco y Pons, Calle Arquitecto José Joaquín González Edo, Avenida de la Ciudad de Barcelona and the Carretera de Hidum. A full block with no party walls and four street frontages.

Direct access beside the Ctra. de Hidum roundabout, ≈ 2 km from the city centre and the port. Established multi-family housing area with demand for primary residences.

Aerial orthophoto with the plot outlined in blue, beside the Carretera de Hidum roundabout
Orthophoto — the plot, outlined in blue, beside the Ctra. de Hidum roundabout.
Location map of Melilla showing the plot between the Carretera de Hidum and the Carretera Farhana
Location within the city — ≈ 2 km from the centre and the port of Melilla.

02 · The proposal

Feasibility study

Feasibility study prepared by Kairós Arquitectura. All figures are indicative and do not constitute approved planning parameters.

4thHomes
3rdHomes
2ndHomes
1stHomes
GroundRetail units
BasementParking
Indicative massing diagram — section through the building considered in the feasibility study.

Parameters considered

Parameters of the feasibility study
HeightGround floor + 4 storeys
Typical home≈ 70 m² usable · 85 m² built
Residential site coverageBelow 85%
Parking1 space per home, in the basement
ProductPrimary residences · local demand

The mix

  • ≈ 72 homes of ≈ 70 m² usable / 85 m² built.
  • Residential building of ground floor plus four storeys.
  • 6 retail units, ≈ 380 m² at ground level.
  • One basement level for parking, ≈ 1 space per home.
  • ≈ 6,120 m² of built residential floor area.
  • Residential site coverage below 85%.
  • ≈ 72

    Homes · 1st–4th

  • 6

    Retail units · ≈ 380 m²

  • ≈ 72

    Spaces · basement

  • ≈ 6,120 m²

    Built residential area

Street frontage of the plot, with palm trees and residential buildings behind
Street frontage of the plot from the perimeter road.
Interior of the undeveloped plot, flat and clear, with low vegetation
Inside the plot: flat and clear ground.

03 · The investment

Land cost per square metre

  • €1,900,000

    Land price

  • ≈ €26,400

    Land cost per estimated home

  • ≈ €310/m²

    Land cost per m² built

  • €2,045–2,330/m²

    Average asking price in Melilla

Average residential asking prices in Melilla currently sit in the region of €2,045 – €2,330/m² according to various property portals. These are observed asking prices, not guaranteed sale values.

Documentation

Dossier and contact

Sales dossier

Full asset details, feasibility study and legal notices. PDF · 4 pages · in Spanish.

Download PDF ↗

Request information

Write to us telling us who you are and what you need to verify. We reply with the documentation available and, where appropriate, arrange a visit to the site.

  • Email

    info@kairosarquitectura.com

    Opens with “Melilla plot — Ctra. de Hidum” already in the subject line.

  • WhatsApp

    +34 684 067 882

    Usually answered the same day.

  • Phone

    +34 684 067 882

    Monday to Friday, 9:00–18:00.