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For sale land 4320m2 Baruta 4487 - US$7,900,000 USD

$7,900,000

asking price

2 m² area
For sale land 4320m2 Baruta 4487 - US$7,900,000 USD
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Description

For sale land totally paved 4320 sqm zoning C-1. Currently operates as parking. Has a 479 sqm building, For sale land totally paved 4320 sqm zoning C-1. Currently operates as parking. Has a 479 sqm building

Property Details

Property Type
Land
Location
** Caracas, ** Miranda Dtto, Venezuela
Area
2 m²

About the Area

Caracas, in the state of Miranda, is Venezuela’s capital and largest city, set in a high-altitude valley ringed by the Ávila mountains. The city offers international buyers direct access to the country’s main financial institutions, embassies, and the Simón Bolívar International Airport, just 25 km away. Its established residential districts provide modern high-rise apartments and gated communities with panoramic mountain views.

Investment Analysis

3/10
Value Rating

At $3,950,000/sqm this land is nearly 4× the $1,000,000/sqm average of the listed comparables.

Highlights

  • Prime Caracas location
  • Small 2 sqm footprint may limit development options
  • High absolute price point

Considerations

  • Extreme price per sqm suggests over-valuation
  • Limited liquidity for such a tiny parcel
Listed 1 day ago

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