Description

Grupo Ibercosta is proud to present a truly exceptional investment opportunity located in the heart of the thriving "New Golden Mile." This urbanizable plot represents a versatile and high-potential project situated in Cancelada, a charming and rapidly developing area in the south of Spain. Perfectly positioned between the glamorous hubs of Marbella and Estepona, this location offers a unique blend of traditional Andalusian atmosphere and modern luxury infrastructure, making it one of the most sought-after pockets on the Costa del Sol for international investors and developers.

The location of this plot is its most significant asset. Cancelada has evolved into a vibrant community that maintains its authentic Spanish village feel while being surrounded by some of the most prestigious developments in Europe. The plot is situated just moments away from the world-renowned Villa Padierna Palace Hotel and its three championship golf courses. This proximity ensures a high-standard neighborhood and attracts a demographic of residents and visitors looking for exclusivity and quality of life. Within walking distance, future occupants will find a wide array of local amenities, including traditional tapas bars, international restaurants, supermarkets, and essential services, ensuring maximum convenience for both residential and commercial users.

Furthermore, the Mediterranean Sea is just a few minutes away. The nearby beaches are known for their cleanliness and excellent beach clubs, providing the quintessential sun-drenched lifestyle that the south of Spain is famous for. For those commuting or exploring the region, the plot offers easy access to the A-7 coastal road, putting the luxury marina of Puerto Banús only a 10-minute drive away and Malaga International Airport within a 45-minute reach. This connectivity is a vital factor for the commercial viability and residential desirability of the project.

This development site offers a dual-purpose investment structure under the Type PM land usage classification. The project is divided into a residential sale opportunity and a commercial lease option, allowing for a balanced and diversified portfolio within a single location. The total buildable area of the project stands at an impressive 1,127.07 square meters, optimized to maximize the footprint of the plot while adhering to local urbanistic regulations.

For investors focused on residential development, a plot area of approximately 1,290 square meters is available for sale. This section of the project features a total buildable area of 752 square meters, specifically designed for the construction of six high-end apartments. The residential configuration is distributed across three levels: the ground floor, first floor, and second floor, with two units per level. The project includes luxury penthouses that capitalize on the light and climate of the Costa del Sol. This residential component is offered at a competitive price of €1,600,000, representing a significant opportunity in a market where demand for new-build modern housing in Cancelada continues to outpace supply.

Parallel to the residential sale, Grupo Ibercosta offers a commercial lease opportunity. This segment involves approximately 710 square meters of plot area with a dedicated buildable area of 375 square meters for commercial use. This space is ideally suited for a flagship retail store, a professional office suite, or a high-end service center that can cater to the affluent local population and the surrounding golf communities. The rental price for this long-term lease is available upon request, offering a strategic opening for businesses looking to establish a footprint in a high-traffic, prestigious location.

The technical specifications of the project are meticulous, ensuring every square meter is utilized efficiently. The estimated surface area breakdown is as follows: The ground level features 375 square meters dedicated to commercial use. Above this, the residential floors are distributed with 249 square meters on the ground floor, 249 square meters on the first floor, and 254 square meters on the second floor, including the penthouse units. The total area above ground reaches the maximum buildability of 1,127.07 square meters.

To complement the luxury nature of the development, the project includes extensive underground facilities that do not compute toward the total buildability limit. There is a total of 900 square meters of underground space, thoughtfully divided into 500 square meters for residential parking and 400 square meters for commercial parking. This ample parking provision is a critical luxury feature in the area. Additionally, the plans include a dedicated swimming pool area of 75 square meters, providing a necessary leisure element for the residential units.

Grupo Ibercosta invites serious investors to explore this multifaceted project in Cancelada. Whether you are looking to develop a boutique residential complex or secure a prime commercial location in the south of Spain, this plot offers the location, the technical capacity, and the prestige required for a successful venture. Contact us today for full documentation and to arrange a site visit.