Residential Plot in The Golden Mile

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Description

Exclusive Plot for Sale. Marbella’s Golden Mile We present an exceptional investment opportunity in one of the most prestigious areas of Marbella. This property consists of a total land area of 9,260 m², resulting from expropriations on an original plot of 10,800 m². Of this surface, 6,332 m² are buildable, while the remaining area is allocated to roads and open spaces, in accordance with the Detailed Study and attached parceling plans. - 6 buildable plots, each approximately 1,000 m². - Buildability: 0.26 m²/m² | Maximum height: 7.5 meters - Ideal for luxury villas with an estimated value of €4–5 million each - Projected value of completed development: €24–30 million - Total land price: €9.5 million (€1,500/m²) Urban Planning Status: - Urbanization license (roads and utilities) currently in process, reducing buyer uncertainty and increasing land value. - The Town Hall will require a guarantee (approx. 7% of the construction budget). - Construction or sale is already possible on all plots, except those closest to the road, which are pending final boundary approval (expected shortly). - Noise barriers are currently being installed in the area, significantly enhancing the residential environment. Technical Project: - Managed by a renowned architect with extensive experience and direct communication with municipal technical staff. - Geotechnical study already underway, with expected ground conditioning work to be less intensive than in neighboring plots, reducing urbanization costs.

Location

Features

  • Setting

    Suburban

    Close To Golf

    Close To Shops

    Close To Sea

    Close To Town

    Close To Schools

    Close To Marina

    Urbanisation

  • Condition

    Good

  • Views

    Sea

    Mountain

    Garden

    Urban

    Street

  • Category

    Investment

  • Highlights

    Reference
    R5014636
    Price
    €9,500,000
    Location
    The Golden Mile
    Area
    Málaga
    Property Type
    Residential Plot
    Bedrooms
    0
    Bathrooms
    0
    Plot Size
    10800 m2
    Built
    6332 m2
    Terrace
    0 m2

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