Residential Plot in The Golden Mile
Description
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.