Building/Property 2020 sqm in Erba

Real estate complex for auction in Erba (CO) – Via Como SNC The real estate complex, located in Erba (CO) on Via Como SNC, is situated in a panoramic and semi-central area. The areas are part of an approved Implementation Plan (named 202) whose development has only partially taken place. The property is being auctioned as part of insolvency proceedings. Surface Area and Layout The lot consists of three units. The first is an urban area of 1,838 sqm (cadastral parcel 1541/701) on which the construction of a residential volume of 3,800 cubic meters is planned. The second is an urban area of 182 sqm (cadastral parcel 275/722). The third unit is an electrical substation (cadastral parcel 275/724) on two levels (ground floor and first floor). The areas are of an almost regular shape with variable topography. Cadastral parcel 275/722 serves as a connection between the road and the main area, cadastral parcel 1541/701. Features and Amenities Cadastral parcel 275/724 hosts an electrical substation serving the entire Implementation Plan, with an unremovable easement in favor of ENEL DISTRIBUZIONE S.p.A. There are pedestrian right-of-way easements and underground passage easements for pipes and utilities, both burdening and benefiting some of the complex's areas and adjacent condominiums. No discrepancies have been found regarding urban planning, building, and cadastral compliance. Context and Connections The assets fall within an ongoing Planning and Programming framework according to the current PGT (General Territorial Plan). The Implementation Plan Agreement, stipulated in 2007, has expired, and the urbanization works have not been completed. It will be necessary to liaise with the Municipality to verify the need for a new Implementation Plan or the possibility of re-convening, potentially maintaining the existing building parameters. The property is free for the procedure.