Las Palmas roadside plot near Loma del Indio

Plot description

Murillo Propiedad Raíz advertises this plot on the main Las Palmas road near Loma del Indio, Medellín. The published total price is COP 15,500,000,000. The narrative states 3,761.82 m², while a built-area field shows 3,761 m² without identifying a building; neither the exact land area nor the actual building area is established. Registered and measured areas are also unknown. The advertiser describes a medium mixed-use corridor and proposes a hotel, commercial development or a similar mixed-use project. It cites a floor-area ratio of 1.8 and density of 160 dwellings per hectare, pending planning documentation. It also quotes 3.5 million pesos per square metre, which needs reconciliation with the total price, and property tax of four million pesos per quarter. The record lists stratum 4, urban setting, paved and convenient access, an outward view, green areas and nearby shops and public transport. The stated 5 minutes to the airport entrance does not identify the airport, route or travel conditions. Utility arrangements and project feasibility remain unverified.