description

A prime development opportunity has arisen in Calahonda, featuring a plot of land designated for the construction of nine residential apartments. This expansive parcel boasts a total area of 2,500 m²; however, it is important to note that a section will be allocated for road widening, resulting in a usable area of approximately 2,021 m². You have the potential to develop a maximum built-up area of 874 m². However, the current project outlines a total of 1,250 m², incorporating additional features such as a rooftop solarium, storage units, parking facilities, and terraces, which are factored in at 50% for calculations. Crucially, the site is equipped with essential utilities, including a connection point to the Endesa energy grid and water supply—an essential consideration for any developer. Additionally, the guidelines and stipulations for establishing the compensation board and commencing construction activities have already been made public, facilitating a smooth transition into the development phase.