Residential Plot in The Golden Mile

The Golden Mile · Costa del Sol

€9,500,000

Overview

Reference: R5391094

  • Residential PlotProperty type
  • 6332 m²Built area

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.

Town
The Golden Mile
Area
Costa del Sol
Province
Málaga

The exact address is shared when you book a viewing.

Details

Reference
R5391094
Price
€9,500,000
Property type
Residential Plot
Status
Available, For sale
Built
6332 m²
Plot / garden
10800 m²
Energy rating
In process
Setting
Suburban, Close To Golf, Close To Shops, Close To Sea, Close To Town, Close To Schools, Close To Marina, Urbanisation
Condition
Good Condition
Views
Sea Views, Mountain Views, Garden Views, Urban Views, Street Views
Category
Investment
Suburban Close To Golf Close To Shops Close To Sea Close To Town Close To Schools Close To Marina Urbanisation Good Condition Sea Views Mountain Views Garden Views Urban Views Street Views Investment

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Indicative figures only. Non-residents usually finance up to 60–70%. Ask us for a financing pre-check.

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