Residential Plot in The Golden Mile

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Highlights

Reference
R5391094
Price
€9,500,000
Location
The Golden Mile
Area
Málaga
Property Type
Residential Plot
Bedrooms
0
Bathrooms
0
Plot Size
10800 m2
Built
6332 m2
Terrace
0 m2
Exclusive Plot for Sale. Marbella’s Golden Mile

We present an exceptional investment opportunity in one of the most prestigious areas of Marbella. This property consists of a total land area of 9,260 m², resulting from expropriations on an original plot of 10,800 m². Of this surface, 6,332 m² are buildable, while the remaining area is allocated to roads and open spaces, in accordance with the Detailed Study and attached parceling plans.

- 6 buildable plots, each approximately 1,000 m².
- Buildability: 0.26 m²/m² | Maximum height: 7.5 meters
- Ideal for luxury villas with an estimated value of €4–5 million each
- Projected value of completed development: €24–30 million
- Total land price: €9.5 million (€1,500/m²)

Urban Planning Status:
- Urbanization license (roads and utilities) currently in process, reducing buyer uncertainty and increasing land value.
- The Town Hall will require a guarantee (approx. 7% of the construction budget).
- Construction or sale is already possible on all plots, except those closest to the road, which are pending final boundary approval (expected shortly).
- Noise barriers are currently being installed in the area, significantly enhancing the residential environment.

Technical Project:
- Managed by a renowned architect with ‌extensive ‌experience ‌and ‌direct ‌communication with ‌municipal technical staff.
- Geotechnical ‌study already underway, with ‌expected ground conditioning work to be less intensive ‌than ‌in ‌neighboring ‌plots, ‌reducing ‌urbanization ‌costs.
  • Setting

    Suburban

    Close To Golf

    Close To Shops

    Close To Sea

    Close To Town

    Close To Schools

    Close To Marina

    Urbanisation

  • Condition

    Good

  • Views

    Sea

    Mountain

    Garden

    Urban

    Street

  • Category

    Investment

  • Community fees: €0 / monthly

    Waste Disposal Fee: €0 / annually

    Tax over Real Estate (IBI): €0 / annually

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