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The Golden Mile, Costa del Sol, Málaga

Residential Plot for sale in The Golden Mile, 6.332 m²

€9,500,000

€1,500/m²

  • 6,332 m²Built
  • 10,800 m²Plot

Description of Residential Plot for sale in The Golden Mile

Exclusive Plot for Sale.

Marbella’s Golden Mile

We present an exceptional investment opportunity in one of the most prestigious areas of Marbella.

This property consists of a total land area of 9,260 m², resulting from expropriations on an original plot of 10,800 m².

Of this surface, 6,332 m² are buildable, while the remaining area is allocated to roads and open spaces, in accordance with the Detailed Study and attached parceling plans.

- 6 buildable plots, each approximately 1,000 m².
- Buildability: 0.26 m²/m² | Maximum height: 7.5 meters
- Ideal for luxury villas with an estimated value of €4–5 million each
- Projected value of completed development: €24–30 million
- Total land price: €9.5 million (€1,500/m²)

Urban Planning Status:
- Urbanization license (roads and utilities) currently in process, reducing buyer uncertainty and increasing land value.
- The Town Hall will require a guarantee (approx. 7% of the construction budget).
- Construction or sale is already possible on all plots, except those closest to the road, which are pending final boundary approval (expected shortly).
- Noise barriers are currently being installed in the area, significantly enhancing the residential environment.

Technical Project:
- Managed by a renowned architect with ‌extensive ‌experience ‌and ‌direct communication ‌with ‌municipal technical staff.
- ‌Geotechnical ‌study ‌already underway, ‌with ‌expected ‌ground ‌conditioning ‌work to be less intensive ‌than ‌in ‌neighboring ‌plots, ‌reducing ‌urbanization ‌costs.

Residential Plot for sale in The Golden Mile Features

Setting

  • Suburban
  • Close To Golf
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Close To Marina
  • Urbanisation

Condition

  • Good

Views

  • Sea
  • Mountain
  • Garden
  • Urban
  • Street

Buying and running costs of Residential Plot for sale in The Golden Mile

To buy it

Asking price€9,500,000
Transfer tax (ITP, 7%)€665,000
Notary & land registry (approx.)€95,000
Lawyer (approx. 1% + VAT)€114,950
Estimated total€10,374,950

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 Residential Plot for sale in The Golden Mile

Type
Residential Plot
Location
The Golden Mile, Costa del Sol, Málaga
Price
€9,500,000
Built size
6,332 m²
Plot
10,800 m²

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