El Velódromo plot with an advertised 8-apartment project

Plot description

In El Velódromo, in Medellín’s Laureles Estadio area, a plot is advertised at COP 1,780,000,000. The source mentions 225 m², with 9 metres of frontage and 25 metres of depth, socioeconomic stratum 5, a residential setting and nearby public transport. The fields reuse 225 m² as built area, so land and existing built areas remain unconfirmed in this listing. The seller claims a valid demolition and new-build licence for a project with 1,044 m² of built space, 10 storeys, 8 apartments and 7 private parking spaces. The design includes a lift, reception, gym and communal room; these are project elements, not evidenced existing facilities. The source adds architectural and structural designs and a soil study submitted for licensing, together with acquired additional building rights. Documents, validity and scope all require review. As commercial references, the advertisement publishes approximately COP 1,705,000 per m² of approved built area and COP 7,911,000 per m² of land. Those figures and the approved-area designation come from the source and should be checked against documents and the current price. The portal labels the condition as used without describing the present building.