9,500,000 €
Metro 2 Total | 880 € |
Metro 2 Built | 1,500 € |
Total | 10,800 m2 |
Built | 6,332 m2 |
**Prime Land for Sale in Marbella's Golden Mile** Discover an extraordinary investment opportunity nestled in one of Marbella's most sought-after neighborhoods. This impressive plot spans an expansive 9,260 m², the result of adjustments made to an original parcel of 10,800 m². Out of this total area, 6,332 m² is designated for construction, while the remainder is allocated for roadways and communal spaces, as per the approved Detailed Study and parceling documentation. - Comprises 6 individual buildable lots, each approximately 1,000 m² in size. - Buildability coefficient: 0.26 m²/m² | Maximum structure height: 7.5 meters - Perfectly suited for luxury villas, each projected to be valued between €4–5 million - Estimated total value upon completion of the development ranges from €24 to €30 million - Asking price for the entire land: €9.5 million (€1,500/m²) **Urban Development Insights:** - An urbanization license (for roads and utilities) is currently being processed, alleviating potential buyer concerns and enhancing the land's value. - The local council will require a guarantee, approximately 7% of the construction budget. - Development or sale is feasible for all plots, except those nearest to the road, pending final boundary confirmation (anticipated soon). - The area is undergoing installation of noise barriers, which will greatly improve the living environment. **Project Specifications:** - Oversight by a highly regarded architect with significant experience and established connections with municipal technical staff. - A geotechnical study is in progress, and preliminary ground conditioning is expected to be less demanding than in adjacent plots, thus lowering urbanization expenses.