€9,500,000
Residential Plot in The Golden Mile
- Plot Area 10800m2
- Built Area 6332m2
- Terrace -
- Bedrooms 0
- Bathrooms 0
- Parking No
- Reference MFL-110255
- Area The Golden Mile
- Type Residential Plot
Description
Exclusive Plot for Sale. Marbella’s Golden MileWe 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.
Marbella For Life - Property Experts in Nueva Andalucia, Marbella with over 20 years local experience.
Aloha Gardens, Avenida Del Prado, Nueva Andalucia, Marbella, 29660 Malaga
Phone: +34 617 347 242 Email: info@marbella-for-life.com
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