Residential Plot The Golden Mile
| Ref No: | R5014636 |
| Price: | €9,500,000.00 |
| Location: | The Golden Mile |
| Area: | Costa del Sol |
| Property Type: | Plot |
| Bedrooms: | 0 |
| Plot Size: | 10800m² |
| Living Area: | 6332m² |
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