Plots for sale in The Golden Mile, Málaga, Spain.

Located in the prestigious Golden Mile of Marbella, this plot offers a unique opportunity for those looking to invest in one of the most sought-after areas of the Costa del Sol

With an impressive size of 5,076m², this property not only promises a quality lifestyle but also significant development potential and considerable future value

The plot features partial sea views from the first floor for some of the villas, adding an extra allure to its already impressive offering

Its proximity to the most exclusive areas of Marbella, including residences of renowned brands, makes it a strategic investment

Additionally, its location allows easy access to shops, the beach, and a wide variety of restaurants, ensuring a comfortable and luxurious living experience

One of the most outstanding features of this property is the possibility to develop up to five villas of approximately 950m² each, with individual plots of just over 1,000m²

This development flexibility offers investors the opportunity to maximize the use of the land, creating exclusive residences that can meet the demand for luxury housing in the region

In summary, this plot on Marbella's Golden Mile represents an incredible opportunity for those looking to combine a high-quality lifestyle with a solid investment in a constantly growing real estate market

Its privileged location and development potential make this property an exceptional choice for visionary investors

The area (Planning Scope PA NG 1 "Swedish Forest Center") is currently awaiting a "Special Plan" approval, which means it does not yet have an official zoning designation

However, the urban planning document includes zoning provisions for single-family detached homes (UE-3) on minimum plots of 800 m², or attached homes (UA-3) on minimum plots of 200 m²

This designation suggests the potential to construct up to 25 residences on the property

A development of five villas would therefore be feasible, but only after the approval of either the Special Plan or the new General Plan and upon the granting of necessary licenses

The approval timeline for the new General or Special Plan is uncertain

Only the City Council has the insight on this matter

A preliminary document is expected in 2025, which may provide further clarity

The potential to build five villas will ultimately depend on the guidelines in the upcoming General or Special Plan

This could allow for five, six, or even up to 25 attached homes, or possibly none if, for instance, the area is designated as a green zone

However, current indications suggest a likely zoning designation of UE-3, which would permit up to six residences