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Istán, Costa del Sol, Málaga

Land for sale in Istán - 2 beds, 2 baths, 873 m²

€899,000

€1,030/m²

  • 2Bedrooms
  • 2Bathrooms
  • 873 m²Built
  • 12 m²Terrace
  • 30,000 m²Plot
  • 2003Built in

Description of Land for sale in Istán

Exceptional Development Opportunity with Boutique Hotel Potential near Marbella

Hidden within the spectacular landscapes surrounding Lake Istán, this remarkable development opportunity combines privacy, breathtaking scenery and exceptional investment potential just minutes from Marbella and Puerto Banús.

The property occupies approximately 30,000 square metres of land and includes an existing structural shell of approximately 873 square metres.

Originally conceived as a luxury private residence, the project offers outstanding flexibility for a new owner to redesign and complete it according to their own vision, subject to obtaining the necessary planning permissions and licences.

The elevated position enjoys uninterrupted views across the lake, mountains and the protected Sierra de las Nieves Natural Park, creating a setting rarely found so close to the Costa del Sol's most prestigious destinations.

Despite its peaceful surroundings, Puerto Banús, Marbella, international schools, golf courses and the Mediterranean coastline are all within easy driving distance.

Beyond the creation of an exceptional private estate, the scale of the property and its privileged natural environment present an exciting opportunity to explore alternative concepts such as a boutique hotel, luxury wellness retreat, private members' residence or exclusive hospitality project, subject to ‌all ‌necessary ‌approvals.

Development ‌opportunities of ‌this ‌size and location ‌rarely ‌become ‌available, making ‌this ‌a ‌unique ‌acquisition ‌for visionary investors seeking to ‌create ‌an ‌iconic ‌destination ‌in ‌southern ‌Spain.

Land for sale in Istán Features

Setting

  • Country
  • Close To Forest

Views

  • Mountain
  • Garden
  • Lake

Buying and running costs of Land for sale in Istán

To buy it

Asking price€899,000
Transfer tax (ITP, 7%)€62,930
Notary & land registry (approx.)€8,990
Lawyer (approx. 1% + VAT)€10,878
Estimated total€981,798

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

Details of Land for sale in Istán

Type
Land
Location
Istán, Costa del Sol, Málaga
Price
€899,000
Built size
873 m²
Terrace
12 m²
Plot
30,000 m²
Year built
2003

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