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Ref: R2270945

Plot area: 12600 m2

Built area: 1200 m2

Terrace area: 600 m2

 € 12,000,000


Setting: Close To Golf, Close To Port, Close To Sea, Close To Town, Close To Schools, Close To Marina, Urbanisation,
Orientation: South,
Condition: Renovation Required, Restoration Required,
Pool: Private,
Views: Sea, Mountain, Panoramic,
Features: Covered Terrace, Private Terrace, Tennis Court, Guest Apartment, Near Mosque, Servants Quarters, Near Church,
Security: Gated Complex, 24 Hour Security,
Parking: Garage, More Than One,
Category: Investment, Luxury, Resale, With Planning Permission,

Plot in Sierra Blanca for sale: One of the very the best development plots available in Sierra Blanca - Camojan, the most exclusive gated urbanization with 24hrs security above Marbella's Golden Mile. This property offers total privacy and stunning sea views. Surrounded on two sides by protected Green Zone, the plot is relatively flat and is an ideal candidate for renovation or complete redevelopment of the plot with 30% plot-to-build ratio in this area (excluding basement and terraces). PGOU Planning permission for up to 10 villas, but ideally suited to up to 5 luxury villas on the site as per the suggested project design. The market price for five luxury contemporary sea view villas of approximately 1000+ m2 built including basement on 2500m2 plots would be no less than €6m each, and for 4 villas on 3000m2 plots this would rise to around €8m each. Alternatively there is an option to renovate and extend the current mansion, which is on one level in the traditional Andalucian style with 6 bedrooms + maid and guest quarters, sauna, Jacuzzi and gymnasium, billiards room, bodega and wine cellar, and 3 indoor garages and 4 outdoor. Extensive gardens and tennis court, heated pool, and water well with water storage deposit + 2 road entrances at the top and bottom of the plot. An excellent opportunity for a top-end development project in Aportacion partnerhship with the owner.

Coopers Luxury Collection
Marbella 29660
España

T: +34 952 764 067
M: +34 669 430 252
info@iancooperestates.com
Disclaimer
The description and the sales prices indicated for the properties offered for sale on this site are believed to be correct. However the properties are subject to price changes, prior sale or withdrawal from the market.
218 Compliance Notice
Additional costs for the buyer when purchasing a property in Spain include: 7% I.T.P. (Transfer Tax) up to the amount of 400.000€ and 8% thereafter, or 8% VAT and 1% stamp duty for new properties bought from a developer. Additionally, the buyer pays the notary fees and costs for the inscription of the title deeds in the land registry. In compliance with the Decree of the Junta de Andalucía 218/2005 of 11 October, a copy of the Information Sheet for this property is available should the purchaser so request it.