Prime Investment Opportunity: Exclusive 1,118 sqm Residential Plot for Sale in Cancelada, Costa del Sol
- 1118 M² Build 1118 M² Plot
Grupo Ibercosta is proud to present a remarkable opportunity for developers and visionary private buyers looking to establish a footprint in one of the most promising areas of Southern Spain. This prime 1,118 sqm plot of land, situated in the heart of Cancelada, offers the perfect blend of Mediterranean charm and modern convenience. Located strategically on the New Golden Mile, this plot represents a rare chance to build a bespoke luxury villa in an area that continues to see significant appreciation and demand.
The location of this property is undoubtedly one of its strongest selling points. Cancelada is a traditional yet rapidly evolving Spanish village nestled perfectly between the glamour of Marbella and the authentic Andalusian atmosphere of Estepona. By choosing this location, residents enjoy the best of both worlds: the peace of a residential neighborhood and the proximity to the high-end amenities of the Costa del Sol.
The plot is situated within walking distance of the picturesque Cancelada Village, where you can find local boutiques, traditional tapas bars, and essential services. Furthermore, the golden sands of the Mediterranean beach are just a short stroll away. For those who require quick access to major hubs, the property is only a 10-minute drive from the vibrant town center of Estepona and 15 minutes from the world-famous Puerto Banús and Marbella. This connectivity makes it an ideal spot for a permanent residence or a high-end holiday retreat.
Spanning a generous 1,118 square meters, the terrain is notably flat, which significantly simplifies the construction process and reduces initial groundwork costs. The plot is south-facing, a highly coveted feature in Southern Spain that ensures the future villa will benefit from maximum natural light throughout the day and breathtaking sunsets in the evening.
Regarding technical specifications, the total buildability allowed for this plot is 330 square meters. This provides ample space to design a substantial luxury home with multiple bedrooms, expansive living areas, and private amenities such as a swimming pool, landscaped gardens, and outdoor entertainment zones. The generous size of the plot ensures that even with a large villa, there remains plenty of outdoor space to enjoy the year-round sunshine that the Costa del Sol is famous for.
One of the most significant advantages of this acquisition is the preparatory work that has already been completed. This is not just a raw piece of land; it is a project ready to be revitalized. Architectural plans for a stunning modern villa have already been designed and are available upon request for serious inquiries. These plans showcase a contemporary aesthetic that perfectly complements the sophisticated lifestyle of the New Golden Mile.
Additionally, a building license was previously granted for this site. Although the license has currently expired, it serves as a proven precedent that the local authorities approve of residential development on this land. The buyer will need to submit an updated application for renewal, but having had a prior license significantly streamlines the due diligence process and provides peace of mind regarding the land's urbanistic status. Utilities are also located nearby, making the connection to water, electricity, and sewage systems straightforward.
The real estate market in Southern Spain, particularly in the corridor between San Pedro de Alcántara and Estepona, is currently experiencing a period of robust growth. Cancelada has emerged as a favorite destination for international investors due to its upgraded infrastructure, proximity to elite golf courses, and high-quality international schools. Investing in a plot of land allows for a level of customization and value creation that finished properties often cannot match.
At Grupo Ibercosta, we understand that purchasing land is about more than just square meters; it is about realizing a vision. Whether you are a developer looking for your next profitable project or a family dreaming of a custom-built home tailored to your specific needs, this plot in Cancelada offers the foundation for success. This is a rare opportunity to secure a partially prepared project in a highly sought-after residential zone.
Don't miss the chance to own a piece of the Costa del Sol. Contact Grupo Ibercosta today for more information, to review the architectural plans, or to arrange a private viewing of the site. Our team is ready to guide you through every step of the acquisition process, ensuring a smooth transition from your initial investment to the completion of your dream Mediterranean villa.
Reference R5116699
Status
SaleProperty Type
LandBuild size
1,118 M²Plot Size m²
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