• Property: 5 plots for new development • Status: 98% urbanized plus 3 structures • Residential, commercial and hotel use • Legally qualified plots • 95,011 m² plot of land • 53,443 m² constructible area • Land registry: 66M€ registered value • Appraisal land 2005: 57M€ valuation • Official sales price: 46M€; Reduced 33M€ •,531 residential units (luxury apartments) • 2,650 m² commercial center The plot is legally qualified also for hotel use. A hotel project would allow for an increase in the constructible area by 25% plus an additional floor given that the municipality is looking to develop the hotel/ tourism offers in the area. At 100% hotel use = 66,803 m² buildable area. Preliminary talks have also been held with the local municipality confirming the use for education (international school, university) or use for residence (third age, nursing home, etc.) would also be feasible.
Investment land – Estepona, Andalusia, Spain
33,000,000 €Mortgage calculator
Land area: 95,000 m²
Location and nearby objects
A Golden Visa can be obtained with the purchase of this property (residence permit for investments).