Description
Urban land located in the Sierra de Torremolinos, adjacent to El Pinar Urbanization and Las Velas Urbanization, close to the highway, the Congress Palace, and the upcoming largest shopping and leisure center in Andalusia (INTU). It is also adjacent to the future largest golf course in Mรกlaga, with final approval granted.
This sector comprises 54,054 mยฒ for a total of 81 single-family homes. In total, there are 6 properties owned by different proprietors, all of whom are selling except for one who owns a house on an 800 mยฒ plot (not for sale); this plot is located at the corner with the 1,243 mยฒ URO3 plot (referenced in my previous email today), and another plot that is below the minimum building size, which will therefore be absorbed by the Urbanization Compensation Board through expropriation.
Opportunities:
1) The plots from the two largest owners, totaling 22,540 mยฒ and 16,318 mยฒ respectively, sum up to 38,858 mยฒ, representing 71.90% of the total area. This constitutes an absolute majority for decision-making within a Compensation Board. The offered price is โฌ120/mยฒ, totaling โฌ4,662,960. Up to 15 homes can be built per hectare. Thus, with the acquisition of these two plots, up to 58 homes may be developed.
2) The smallest plot (3,206 mยฒ) can also be acquired. Out of these 3,206 mยฒ, a small, narrow strip falls within the neighboring sector, which has strategic interest as it would directly connect that urbanization to Caรฑada de los Cardos, an area with other homes and amenities (restaurants, building supplies, gas station, supermarkets, etc.). In fact, the property can be purchased including this strip located in the neighboring sector. Price: โฌ384,720.
3) It is possible to purchase the entire area, except for the plot with the house and the one without building rights. The approximate price excluding these two plots is โฌ6,330,000.
These prices are NOT negotiable.
**WE ARE SELLING OPTION NUMBER 1**
*URBAN PLANNING CHARACTERISTICS OF THE LAND*:
Total surface area of the Partial Plan: 54,055 mยฒ
Residential Urban, compatible with other uses
Scheduled Developable Land (SUP) โ SUP R.2-4
Gross buildability: 0.20 mยฒ/mยฒ
Building density: 15 homes per hectare
Applicable zoning: UAS-2 โ minimum plot size 400 mยฒ, 10 meters frontage
Compensation system
Number of buildable homes in the sector: 81 homes.
The land enjoys views of the sea, Mรกlaga, and the Sierra de Mijas.
Approximate distances to nearby locations and towns:
1 km from the Mediterranean Highway (toll-free)
2 km from the beach and the sea
2 km from the Plaza Mayor Shopping and Leisure Center (Ikea, Worten, cinemas, etc.)
3 km from Mรกlaga Pablo Picasso Airport
3 km from Churriana (Mรกlaga)
4 km from Guadalhorce Industrial Estate and Mare Nostrum Shopping Center
5 km from Alhaurรญn de la Torre
5 km from Mรกlaga city center and port
7 km from Benalmรกdena and its marina
15 km from Fuengirola and Mijas Costa
18 km from Mijas Pueblo
45 km from Marbella
Contact
- Property ID 428-05341P
- Price โฌ4,663,000
- Property Type Land/Terrain
- Property status For Sale
- Size 0 m2
- Land area 38,858 m2
Address
- Country: Spain
- Province / State: Mรกlaga
- City / Town: Torremolinos

