€480,000

Land for sale Málaga
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Overview

SUMMARY: Discover an opportunity with this Málaga land for sale and available for €480,000. This could be your next ideal home or a smart investment. More details await.

Strategic Urban Opportunity in San Pedro de Alcántara Costa del Sol Strategic Urban Opportunity Boutique Hotel or High-End Private Residence San Pedro de Alcántara Costa del Sol An exceptional investment opportunity is presented in the heart of San Pedro

de Alcántara: a 410 m² urban plot located in one of the most established and sought-after areas of the Costa del Sol. This asset combines a privileged central location, flexible urban planning parameters and significant development potential a rare combination in a market where land availability is increasingly limited. Strategic Location Located in the heart of San Pedro, the plot has immediate access to schools, shops, supermarkets, restaurants and public transport connections. It is just a few minutes from the beach and the promenade, in a fully established residential and commercial area, guaranteeing constant demand, long-term value stability and high liquidity. San Pedro continues to evolve as one of Marbella's most dynamic submarkets, driven by infrastructure improvements, an attractive lifestyle and its proximity to Puerto Banús and the centre of Marbella. Urban Planning Parameters The plot offers highly attractive development conditions: General buildable area: 50% of the total plot area. Additional 25% increase in buildable area if the project is intended for a boutique hotel. Permitted height and volume: Basement Ground floor + 2 upper floors Attic floor (up to 25% of the area of the floor immediately below) These regulations allow for efficient and commercially attractive vertical development. Development scenarios 1. Boutique hotel concept The urban planning framework allows for the development of a boutique hotel, with the incentive of up to 25% additional buildable area, which significantly improves the built area and the potential for operational return. Given San Pedro's position as a lifestyle destination with growing tourist demand, this represents a solid investment proposition in the hotel sector, in a central and walkable location. 2. High-End Private Residence Alternatively, the plot also allows for the development of a large, exclusive, free-standing villa. The permitted volume allows for the creation of a signature urban residence that could include: Multiple levels, including a basement Spacious living areas Architectural design with an attic or roof terrace Private outdoor spaces In a market where central detached homes are extremely limited, this scenario offers a unique opportunity to develop a high-end urban residence, just a few steps from all amenities and the beach, with strong resale demand and high long-term appreciation potential. Investment Positioning This asset offers flexibility, optionality, and significant strategic potential: Privileged central location Scarce land availability Dual development potential (boutique hotel or residence) Increased buildability for hotel concept Solid fundamentals for capital appreciation Urban plots of this category in the centre of San Pedro are becoming increasingly scarce. It represents a strategic acquisition for developers, hotel groups or private investors seeking controlled risk and high potential for medium- and long-term returns in a mature and expanding micro-market.

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Details

  • Neighborhood: Marbella
  • Beds: 0
  • Baths: 0
  • Price: €480,000
  • Reference No.: OP-7JNLZ3

Amenities

  • Home: Close to the beach

Location

Marketed by:

  • Olala Properties
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  • +34622454076
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