9,500,000 €
Metro 2 Total | 880 € |
Metro 2 Built | 1,500 € |
Total | 10,800 m2 |
Built | 6,332 m2 |
**Prime Land for Sale on Marbella's Golden Mile** Discover a remarkable investment opportunity located in one of Marbella’s most sought-after neighborhoods. This substantial plot spans 9,260 m², a result of strategic adjustments to an original 10,800 m² area. Out of this land, 6,332 m² is designated for construction, while the remainder is reserved for streets and communal spaces, as outlined in the relevant Detailed Study and subdivision plans. - The property features six individual plots, each approximately 1,000 m². - Buildability ratio stands at 0.26 m²/m², with a maximum height limit of 7.5 meters. - These plots are perfectly suited for luxury villa developments, each projected to be valued between €4 and €5 million. - The anticipated overall worth of the completed project ranges from €24 to €30 million. - The total asking price for the land is €9.5 million, equating to €1,500/m². **Urban Planning Details:** - An urbanization license, covering necessary roads and utilities, is currently in process, which minimizes buyer risk and enhances the value of the land. - The local Town Hall will require a guarantee, estimated at around 7% of the construction budget. - Development or sale is already feasible for all plots, with the exception of the ones closest to the road, which are awaiting final boundary approvals (anticipated soon). - Noise barriers are being installed in the vicinity, significantly improving the residential atmosphere. **Technical Project Overview:** - The project is overseen by a highly regarded architect known for their extensive experience and established rapport with local municipal technical staff. - A geotechnical study is already in progress, with ground conditioning expected to require less extensive work than neighboring plots, thereby lowering urbanization costs.