Plot for Sale in Marbella

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€2,800,000 EUR

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Ref 2238474 | Marbella, Andalucia | Plot

Currency services provided by Excel Currencies 2,800,000 EUR  |  Approx.£2,411,080 GBP  |  Approx. US$2,996,560 USD

Unique investment opportunity! This plot of land is located only 300 meters from one of the best beaches on the Costa del Sol. On the plot stands a villa that needs a total refurbishment, so this is interesting for someone who wants to build a spectacular mansion. For an investor, there are two interesting possibilities. Either the one large plot can be divided into 3 plots of 2420 m2 each and build 3 luxury villas of 1452 m2 ; each 484 m2 built area. Or It is also possible to build either a 4 star or a 5 star boutique hotel of 1815 m2 built area. This is the only plot of land on the beach side of Elviria that has no legal issues with the Town Hall, hence the development could start immediately without any legal delays.

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