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EUR12000000Sierra BlancaCosta del SolSpainOne of the very the best development plots available in Sierra Blanca - Camojan, the most exclusive gated urbanization with 24hrs security above Marbella's Golden Mile. This property offers total privacy and stunning sea views. Surrounded on two sides by protected Green Zone, the plot is relatively flat and is an ideal candidate for renovation or complete redevelopment of the plot with 30% plot-to-build ratio in this area (excluding basement and terraces). PGOU Planning permission for up to 10 villas, but ideally suited to up to 5 luxury villas on the site as per the suggested project design. The market price for five luxury contemporary sea view villas of approximately 1000+ m² built including basement on 2500m² plots would be no less than €6m each, and for 4 villas on 3000m² plots this would rise to around €8m each. Alternatively there is an option to renovate and extend the current mansion, which is on one level in the traditional Andalucian style with 6 bedrooms + maid and guest quarters, sauna, Jacuzzi and gymnasium, billiards room, bodega and wine cellar, and 3 indoor garages and 4 outdoor. Extensive gardens and tennis court, heated pool, and water well with water storage deposit + 2 road entrances at the top and bottom of the plot. An excellent opportunity for a top-end development project in this most exclusive location.
One of the very the best development plots available in Sierra Blanca - Camojan, the most exclusive gated urbanization with 24hrs security above Marbella's Golden Mile. This property offers total privacy and stunning sea views. Surrounded on two sides by protected Green Zone, the plot is relatively flat and is an ideal candidate for renovation or complete redevelopment of the plot with 30% plot-to-build ratio in this area (excluding basement and terraces). PGOU Planning permission for up to 10 villas, but ideally suited to up to 5 luxury villas on the site as per the suggested project design. The market price for five luxury contemporary sea view villas of approximately 1000+ m² built including basement on 2500m² plots would be no less than €6m each, and for 4 villas on 3000m² plots this would rise to around €8m each. Alternatively there is an option to renovate and extend the current mansion, which is on one level in the traditional Andalucian style with 6 bedrooms + maid and guest quarters, sauna, Jacuzzi and gymnasium, billiards room, bodega and wine cellar, and 3 indoor garages and 4 outdoor. Extensive gardens and tennis court, heated pool, and water well with water storage deposit + 2 road entrances at the top and bottom of the plot. An excellent opportunity for a top-end development project in this most exclusive location.
Features
Category: Investment, Luxury, Resale, With Planning Permission
