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Building Site for Sale in Marbella (Málaga)  -  Ref.: JNP9867890

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Building Site for Sale in Marbella

Price

4,500,000 €

Metro 2 Total1,000 €

Area

Total4,500 m2

description

**Land Area: 4,500 m² | Established Urban Zone | Opportunity for Four Opulent Villas** Nestled adjacent to the esteemed Sierra Blanca neighborhood, this remarkable parcel of land is located in the highly coveted Huerta del Tajo district, perched within the picturesque hills of Marbella. Offering breathtaking vistas of the Mediterranean Sea and the iconic La Concha mountain, this site represents a unique chance to embark on a high-end residential development in one of the Costa del Sol’s most prestigious locales. This exceptional location boasts close proximity to the renowned Buchinger Clinic and the vibrant Starlite Auditorium, surrounded by already established luxury residential communities. Just a short drive from Marbella town, international schools, sandy beaches, and premium amenities, the plot is perfectly positioned for exclusive homes in a tranquil and secure setting. From an urban planning standpoint, the land is identified as UE-4 / UA-1 according to Marbella’s 1986 General Urban Plan (PGOU), which is still actively enforced. This classification as consolidated urban land means that development can commence immediately, with no delays for rezoning. The minimum plot size for development is set at 1,000 m², allowing for the potential subdivision of the land into four separate plots. The terrain is mostly flat, providing a substantial buildable area. Detailed urban planning documents are available upon request. Additionally, Marbella’s new General Urban Development Plan (PGOM) received preliminary approval in March 2023, with final endorsements expected between late 2025 and early 2026. While this property already enjoys complete urban classification, the forthcoming PGOM promises to enhance the long-term growth prospects of the area, further elevating its strategic significance. In terms of potential return on investment (ROI), the size and classification of this plot facilitate the construction of four luxury villas, each approximately 1,100 m². Under current market conditions, the financial model is as follows: - Per villa: - Estimated construction of 600 m² at €2,000 per m² equates to €1,200,000. - Additional expenses for permits, architectural services, taxes, and landscaping are projected at €300,000. - The total investment per villa would therefore be around €1,500,000. - The anticipated resale value for each completed villa is approximately €4,500,000. This indicates a projected ROI of nearly 200% per villa. Overall, the profitability of the entire project could exceed 100% within a 3 to 4-year period, contingent on the pace of development and market fluctuations. This is a rare opportunity to secure a strategically located land asset in one of Marbella’s most established and elite residential areas. It is ideal

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