Description
STRATEGIC LOCATION IN LAS MERCEDES URBANIZATION Premium Investment and Development Opportunity in a High-Appreciation Area in the Heart of Caracas Located in the heart of Las Mercedes, this land represents an exceptional opportunity to develop a high-profile project in one of Caracas' most exclusive and dynamic areas. Total area: 1,421.75 m² Existing building: 3-story building with 6 apartments. Strategic Access: The property has dual vehicular access: Main entrance: Orinoco Street, known for its proximity to financial and gastronomic centers. Secondary access: Baruta Street, Valle Arriba, ideal for logistics operations and alternative traffic flow. This configuration guarantees superior connectivity, commercial visibility, and easy access for residents, clients, and visitors. High-Level Construction Potential and Permitting: Zoning: V6-CT The property has current permits that allow for large-scale, mixed-use developments: Permitted Uses: Multi-family residential, Corporate offices, Retail, Educational institutions and clinics, Hotel. Parking: Up to 7 above-ground levels without setbacks, 2 underground levels. This parking volume is a key asset in a high-density, high-demand area. Unique Project: Hotel with Panoramic Casino: Regulations allow for the incorporation of a casino on the top floor of a hotel development, offering a high-profile entertainment experience with 360° views of the city. This option adds an exclusive component to this type of project.
