Land in The Golden Mile

€12,000,000

  • 10.800m² Plot

Property Overview

Situated in the highly sought-after area of Cortijo de Nagüeles, on Marbella's prestigious Golden Mile, this exceptional residential plot represents a rare opportunity for developers and investors looking to create a boutique collection of luxury villas in one of the most desirable locations on the Costa del Sol.

The land comprises three cadastral plots with a total surface area of approximately 10,800 m², already reduced and structured to around 9,260 m². Taking into account road access and easements, the project allows for the creation of six individual plots of approximately 1,000 m² each, fully defined and approved by the Town Hall. As a "finalist" plot, the land is in its final development stage, meaning that the process to obtain building licenses is straightforward and efficient.

With a buildability coefficient of 0.26, each plot allows for the construction of spacious villas of approximately 260 m² per floor, excluding basements and terraces, with an approximate height of 7.5 metres. This offers the potential to design high-end contemporary residences tailored to the demands of today's luxury market.

From an investment perspective, the project presents strong value potential. The projected development of six luxury villas in this prime Golden Mile location positions the scheme within a highly attractive segment, appealing to both end-users and investors seeking premium properties with excellent resale or rental prospects.

The location is one of the key highlights of this opportunity. Positioned next to an international school, the area is particularly attractive for families, ensuring consistent demand for both sales and long-term rentals. The Golden Mile remains one of Marbella's most established and prestigious residential zones, combining proximity to the beach, Marbella town and Puerto Banús with a secure and residential environment.

Accessibility is excellent, with direct and easy access from the highway just 200 metres away, as well as convenient connections along the coast. In addition, there are municipal plans to further improve the surrounding infrastructure, including new streets that could allow walking access to Marbella town centre. Recent installation of sound insulation along the nearby road ensures a शांत and comfortable living environment.

With fully approved plot divisions, strong development potential and a ‌prime ‌location ‌in ‌the heart ‌of the Golden ‌Mile, ‌this is a ‌turnkey opportunity to ‌develop a collection of ‌luxury ‌villas in one ‌of ‌Marbella's ‌most ‌in-demand ‌residential ‌areas.

Features

  • Setting: Close To Golf, Close To Shops, Close To Sea, Close To Town, Close To Schools.
  • Features: Near Transport.

Tell me more

  • Tell me more about The Golden Mile
    The Golden Mile is an iconic stretch of coastline in Marbella, Málaga, Andalusia, Spain, famed for its unparalleled luxury and exclusivity. This prestigious area extends from the western edge of Marbella city to Puerto Banús, encompassing some of the Costa del Sol's most opulent villas, exclusive mansions, five-star hotels (like Marbella Club and Puente Romano), and high-end residential complexes. It epitomizes a sophisticated and glamorous lifestyle, attracting a discerning international clientele seeking the ultimate in luxury living, fine dining, and leisure facilities.
  • How far is this property from the nearest airport?
    The Golden Mile is 55km from the nearest airport, approximately 45 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.