Description

Grupo Ibercosta is proud to present a rare and highly lucrative investment opportunity in one of the most sought-after regions of the South of Spain. We are offering a limited selection of urbanizable plots situated in the heart of the New Golden Mile, Estepona. This is a unique opening for visionary investors looking to capitalize on the booming luxury real estate market in the Costa del Sol. With building licenses already in place, these plots represent a turnkey solution for developers ready to break ground on a high-end residential project.

The New Golden Mile has become the new benchmark for luxury living in Andalusia, stretching between the western side of Marbella and the vibrant town of Estepona. This specific location offers a perfect balance of tranquility and accessibility, making it a magnet for international buyers and high-net-worth individuals. The plots are strategically positioned directly in front of the prestigious 5-star Hotel Kempinski, ensuring that any future development will share a neighborhood with some of the most exclusive addresses in Europe.

Unbeatable Location and Strategic Connectivity

The geographical advantage of these plots cannot be overstated. Located in the sun-drenched South of Spain, the land enjoys breathtaking sea views and is within comfortable walking distance to the Mediterranean shore. Accessibility is a key selling point for any successful development, and these plots excel in this regard. Residents will be just a 2-minute drive from the renowned Laguna Village luxury beach club, offering high-end dining and shopping experiences. Furthermore, a top-tier private hospital is located only 2 minutes away, providing essential services and peace of mind for future homeowners.

The charming and rapidly evolving town center of Estepona is a mere 4-minute drive from the site. Estepona has undergone a significant transformation in recent years, becoming a cultural and floral landmark known as the "Garden of the Costa del Sol." The proximity to schools, public transport, taxi stands, and gourmet restaurants makes this location ideal for both holiday homes and permanent residences. This level of connectivity ensures a high demand for any units built on these grounds, securing a strong exit strategy for the developer.

Architectural Potential and Proven Market Demand

The versatility of these plots allows for the creation of a "Pueblo Mediterráneo" (Mediterranean Village) style development, an architectural concept that is highly prized for its aesthetic appeal and integration with the natural landscape. Depending on the configuration and the combination of plots, investors have the possibility to build anywhere from 16 luxury apartments up to a massive complex of 120 units. Having the building license already in place significantly reduces the traditional waiting times and administrative hurdles, allowing for an immediate start on the project.

To understand the potential ROI, one only needs to look at the immediate surroundings. In the very same area, a major development is currently underway with property prices starting at €420,000 per apartment. Remarkably, the first and second phases of that project have already sold out completely before construction even began. This is a clear indicator of the insatiable appetite for luxury property on the New Golden Mile. By securing these plots now through Grupo Ibercosta, investors are entering a market with proven high absorption rates and significant capital appreciation potential.

Available Plots and Technical Specifications

As this is the last great opportunity of its kind in the area, the plots are selling rapidly. Below is the current availability and technical data for the remaining units. Please note that several plots are already under reservation due to the high level of interest from international investment funds.

Plot 6: Priced at €2,600,000. This plot spans 3,481.37 m2 with a total buildability of 2,379.67 m2. It is designed to accommodate approximately 31 luxury apartments, offering a substantial scale for a flagship building within the development.

Plot 12 (New on the Market): Priced at €2,200,000. This newly released plot features a size of 2,645.57 m2 and a buildability of 1,742.17 m2. With a capacity for 22 apartments, this plot is particularly attractive due to its direct and unobstructed sea views, ensuring premium pricing for the final units.

Plots 7, 8, 9, and 10: These plots range from 2,000 m2 to 2,031 m2 with prices between €1,600,000 and €1,800,000. They offer the capacity for 16 to 18 apartments each. Please be advised that these specific plots are currently under reservation, though we encourage interested parties to register their interest should they become available again.

For those looking for a larger-scale operation, there is the possibility to add two more adjacent plots to the portfolio. This would allow for a grand-scale master-planned community. Do not miss this chance to secure a footprint in the most promising area of the Costa del Sol. This inventory will not stay on the market for long. Contact Grupo Ibercosta today for detailed plans, architectural insights, and to arrange a site visit.