description

**Exceptional Land Opportunity on Marbella’s Golden Mile** Discover a rare investment prospect in the heart of Marbella's most sought-after district. This prime parcel spans an impressive 9,260 m², a result of strategic land reallocations from an original size of 10,800 m². Among this expanse, 6,332 m² is designated for construction, while the remainder is reserved for thoroughfares and public spaces, adhering to the Detailed Study and associated subdivision plans. - **Divided into 6 buildable lots**, each approximately 1,000 m² in size. - **Buildability Ratio**: 0.26 m²/m² | **Maximum Height**: 7.5 meters, perfect for opulent villas valued between €4–5 million each. - **Projected Total Value** for the completed development: €24–30 million. - **Asking Price for the Land**: €9.5 million (€1,500/m²). **Urban Development Insights:** - An urbanization license for roads and utilities is currently underway, minimizing buyer risks and enhancing the land's appeal. - The local municipality will require a financial guarantee, approximately 7% of the projected construction budget. - Development or sales opportunities are available for all plots, except those nearest the roadway, which are awaiting final boundary approval anticipated soon. - The installation of sound barriers in the vicinity is currently in progress, significantly improving the living environment for future residents. **Project Details:** - The design will be overseen by a distinguished architect with a wealth of experience and established relationships with local municipal authorities. - A geotechnical assessment is already in progress, with expectations that the required site preparation will be less demanding than similar developments nearby, thus lowering overall urbanization expenses.