A unique and unrivalled opportunity to acquire a 21,735 square metre plot of land situated in one of the most prestigious locations on the Costa del Sol, in close proximity to idyllic Caleta de Vélez and just 500 metres from its renowned marina and sun-drenched Mediterranean beaches. This extensive plot is distinguished by its exceptional buildability, amounting to 16,300 square metres, which gives it unrivalled versatility and unparalleled development potential.

It forms part of a high-end sector, next to the Baviera Golf Course, where the construction of 900 homes is planned for the near future, most of them detached houses with private gardens.

Located 500 metres from Caleta de Velez, famous for its marina and magnificent beaches, among the best on the Costa del Sol and 30 minutes from Malaga with direct access to its motorway.

VALUE:

Its cadastral value is 8.849. 932,93 €, after recent municipal valuation.

A VALUATION CERTIFICATE OF €8.636. 737,13 is available (TASACIONES HIPOTECARIAS S. A. U. ), for mortgage purposes.

Confirmation is available from the Town Council to use the Plot, in part or in its entirety, for any of the following uses:

Detailed, complementary and compatible uses are:

Hotel Use such as HOTEL (e.g. 4 star hotel with 370 rooms), Motels, Aparthotels.

Use of communal accommodation, such as a residence for the elderly, children’s homes, student residences.
Use of Offices and Offices, such as Gestorías, Inmobiliarias, Banks… .
Commercial use, such as Markets, Supermarkets, Shops, etc.
Medical Services, such as Hospitals, Clinics, Outpatients’ Departments, etc.
Hospitality use, such as Cafeterias, Bars, Restaurants, Discotheques, Casinos, etc.
Industrial use: Transformation of raw or semi-finished materials.
Educational use, such as schools, kindergartens, universities, etc.
Recreational and Cultural Use, such as Shows, Cinemas, Libraries, Museums, etc.

It is also possible to allocate the entire plot and its buildable area to two or more of the aforementioned uses (e.g. 1 Hotel + 1 Retirement Home).