Undeveloped Land for sale in Cancelada, Estepona, Málaga

Discover an incredible investment prospect in the heart of the New Golden Mile, situated in the rapidly developing area of Cancelada, Estepona, along the Costa del Sol. This prime urban plot boasts a strategic location right next to the N-340 national highway, ensuring superb visibility and convenient access.

One of the standout features of this plot is its advantageous corner position, offering access from two different streets. This unique aspect provides enhanced flexibility for both residential and commercial projects, enabling optimal design and utilization of the available land.

The plot permits the construction of a ground floor, first floor, and second floor. The current owner intends to keep the ground floor designated for two commercial units, contributing to the construction costs for that specific area. The first and second floors are available for purchase and can be developed at the discretion of the new owner.

From an urban development perspective, the plot presents:

- Primary Use: Residential, making it an ideal candidate for housing projects in a highly desirable locale.
- Supplementary Uses: Educational, cultural, and sports facilities.
- Compatible Uses: Options for hotels, offices, retail spaces, and hospitality establishments, thus offering a diverse array of opportunities for investors and developers.

With a maximum buildability of 2.04 m²t/m²s, this plot allows for the creation of a substantial project in a well-established and continuously growing region.

Additionally, one of the key advantages of this property is its exceptional location—only a 5-minute stroll to the beach and a mere 5-minute drive to Estepona's town center, with Marbella just 10 minutes away. This situates it perfectly between two of the Costa del Sol's premier destinations.

The surrounding area is rich in essential amenities, including large supermarkets, pharmacies, restaurants, gyms, and well-connected public transport options, all contributing to the convenience and value of this location.

In conclusion, this plot represents a remarkable opportunity for the development of either residential or commercial ventures in one of the Costa del Sol's most dynamic areas, combining a prime location, excellent accessibility, and a wealth of urban development potentials.