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Land for sale

Marbella, Malaga, Andalucia, Spain

£807,152 *  [€930,000]

Land for sale

Marbella, Malaga, Andalucia, Spain

£807,152 *  [€930,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 3129 m2

Features


  • Investment
  • South
  • Beachside
  • Close to Shops
  • Close to Sea
  • Close to Schools
  • Electricity
  • Drinkable Water
  • Sea
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Full Description


Currently, under the current urban development plan, the plot is classified as unconsolidated urban land, making construction unfeasible. It is awaiting a PERI (Special Interior Reform Plan), meaning it would need an urbanization project, and the initiative would be cooperative, which means it doesn't solely depend on the owner. It is worth mentioning that in the 2010 urban plan, which was annulled, this plot was designated for public facilities, but that doesn't mean the new plan being drafted will assign the same use.

In summary, it is a plot with no approved planning or management, and in the current situation, construction licenses would not be granted. The plots in the same area that are being built either had a license before 2015 or are out of planning scope and fall under specific regulations.

The new Marbella urban development plan is currently in the preliminary stage, which means it neither classifies nor qualifies the land yet. We will have to wait for the initial approval phase to know more about the classification of the plot in the new plan.
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Map may not show exact location

This property listing (ref: DPIe29195) is an advertisement supplied by Direct Property Investments and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8679 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.