- 27,285,000 €
- 4.7% yield
Don't miss out on this unique opportunity and excellent investment! This spectacular plot is located in Los Picos de Sierra Blanca, Marbella's Golden Mile, just a few steps from the popular Starlite international music festival or the well-known Buchinguer clinic, as well as surrounded by the most prestigious mansions and villas in the area. It is a practically flat plot with very good access and incredible views of both La Concha mountain and the sea. This plot has 5,700 m², a buildability of 30% and a minimum plot of 1,000 m². Unconsolidated finalist land, pending only the approval of the Partial Plan. In urban terms, the property is fully included in the UPR NG 21 ”Los Llanos de Nagüeles“, a sector of developable land of the current Marbella General Urban Planning Plan of 1986, with a total land area of about 30 hectares and a urbanization gross of 15% for single-family residential use. The physical development of the sector requires the prior approval of a zoning master plan (”Partial Management Plan“). The plan, promoted by a management committee of the majority of owners in the sector, is currently in the preliminary environmental review phase that was presented to the environmental agency in March 2020. Once the preliminary environmental review has been completed, the plan will be processed for approval by the local planning department, a process that can take between one and two years. This fantastic plot for sale is located on the hillside at the top of the famous Golden Mile in the fabulous area of Sierra Blanca, an established and very exclusive area of Marbella, close to all services and amenities. Surrounded by a protected natural park and the magnificent mansions and elegant villas of the prestigious Sierra Blanca area, it enjoys impressive panoramic views of the sea, the mountains and towards the picturesque surroundings with centuries-old olive trees and Mediterranean pines.
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