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Land for sale Urbanization Las Mercedes - ., 1080 CCS - Plot of land for sale

$710,000

asking price

1080 baths
615 m² area
Land for sale Urbanization Las Mercedes - ., 1080 CCS - Plot of land for sale
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Description

Strategic Opportunity: Lot for Multifamily Development in the Heart of Las Mercedes
This 615 m² lot represents a prime real estate asset, designed for develope

Property Details

Property Type
Apartment
Location
Caracas, Distrito Capital, Venezuela
Bathrooms
1080
Area
615 m²

About the Area

Nestled in the vibrant heart of Caracas, Distrito Capital, this property offers prime access to the city's bustling urban core, renowned for its stunning Andean foothill views and rich cultural heritage. Residents enjoy proximity to iconic landmarks like Plaza Bolívar, top-tier dining along Avenida Universidad, and efficient metro connections, blending modern convenience with Venezuela's dynamic energy. Ideal for international buyers seeking a gateway to South America's most exhilarating capital.

Investment Analysis

7/10
Value Rating

At $1154.47/sqm, this property is slightly above the city average based on comparables ranging from ~$1000-$2200/sqm.

Highlights

  • Large 615sqm size offers strong rental or resale potential in Caracas
  • Competitive pricing similar to $705k (246sqm) and $650k (650sqm) comparables
  • Spacious layout ideal for family or high-end tenant demand

Considerations

  • Unknown bedroom count introduces uncertainty on marketability
  • Higher price point may limit buyer pool compared to smaller 3bd units
Listed 5 months ago

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