€ 9,950,000
Villa for sale in Centro, Estepona, Málaga
- 610 m2
- 5
- 6
- 8400 m2
Description
Frontline beach plot investment opportunity
8.400m² frontline beach plot opportunity for only 1.185€/m²
Congratulations, you found the best frontline beach plot currently available in the municipality of Estepona.
There is an existing villa (built year 1984) which offers 5 bedrooms, 6 bathrooms on approximately 700m2 plus terraces. This villa would benefit of some refurbishment/updating.
The 8.400m2 plot allows you to build maximum 2.100m2 (25%) plus basement plus open terraces. As the existing villa already has 700m2 you still have 1.400m2 let to build 1 or 2 more houses on it. Alternatively, you could knock down the existing villa and build up to 4 new villas on it. The minimum plot size for segregation in this zone is 2.000m2.
If it's for yourself why not just building 1 beautiful new home to enjoy the outmost luxury: 100% privacy, low building density and frontline beach.
If you see it as an investment just imagine for how much we can sell 2 frontline beach and 2 second line beach villas and how much money you will save in planning and building 4 villas on the same plot at the same time.
Many frontline beach villas are heavily affected by the coastal law. Some of them will lose a big part of their land/garden/house and/or you can only maintain them as they are without any possibilities for new construction or extensions.
This villa with 8.400m2 plot is in a very privileged position as you can see on the picture "ley de costas – coastal law – no problems". Between the green line (servidumbre de transito) and the sea a public walkway can be built in the future. As the green line is just at the very end of your plot that is no problem.
Between the red line (servidumbre de protecion) and the green line no new construction or extensions of existing properties are allowed. Existing properties only can be maintained as they are. As you can see, this doesn’t bother our 8.400m2 plot as this little area by logic anyway will be used as garden in the future.
Everything behind this red line can be used as normal urban/buildable land what means on this plot you can legally have/build 1-4 individual villas.
Many other frontline beach villas or plots have the before mentioned green or red line in the middle of even at the end of the plot with not enough space to legally build a new villa.
To answer some questions already now:
The owner only sells all together = 1 old villa on a double plot which could be segregated into 4 individual plots.
The price is already reduced and not further negotiable.
The owner is not interested in any kind of joint ventures, understands that he sells below market value and doesn’t mind waiting. In case you can show him/us a comparable (size, views, potential, qualifications, legalities) for less than 1.185€/m2 he might consider some minor price negotiations.
Features
- Villa
- Bedrooms: 5
- Bathrooms: 6
- Build Size: 610 m2
- Plot: 8400 m2
- Energy Certificate (Consumption): A
- Energy Certificate (Emissions): A