Undeveloped Land for sale in El Faro de Calaburra - Chaparral, Mijas, Málaga

Investment opportunity! For sale urban plot of 950 m2, with a buildable area of 950 m2. Privileged location with high development potential and an outstanding profitability for commercial and residential use. Just 300 meters from the beach and with sea views. Ordinance: PB+2 floors, minimum plot. Estimated project for the construction of a building of 24 lofts/professional studios and 10 garages/storage rooms. Total estimated investment: 2.27M€. Sales estimate: 4.24M€. Profitability and security in a strategic enclave, ideal for those seeking a solid investment on the Costa del Sol, one of the most in-demand areas. Real estate agency fees not included in the price, which correspond to 5% + VAT to be paid by the buyer.