Andalucia, Malaga, Caleta De Velez, Spain
- PROPERTY TYPE
Land
- SIZE
233,953 sq ft
21,735 sq m
Description
**Prime Land for Sale in BAVIERA GOLF-PLAYA, Caleta de Vélez (near Torre del Mar)**
Perfect for the development of 420 tourist apartments and/or a 450-room hotel and/or a nursing home.
**ALL WITH SEA AND BAVIERA GOLF COURSE VIEWS, INCLUDING GROUND FLOOR APARTMENTS OR ROOMS!**
Located just 1,000 meters from the beach and 20 minutes from Malaga.
**Key Features:**
- Situated in an upscale area, adjacent to Baviera Golf Course and 900 residences.
- Within 500 meters of Caleta de Vélez, renowned for its Marina and magnificent beaches, among the best on the Costa del Sol and only 20 minutes from Malaga.
- Its cadastral value is â,¬8.9 million, and the Mortgage Appraisal S.A.U. values it at â,¬8.6 million.
- The land is available for â,¬3.9 million. Urbanization is estimated to be completed within 12 months, with Via Célere, a shareholder in the sector, already having sold 80% of the 250 homes it plans to build.
- This land has already contributed and paid over â,¬1.2 million towards urbanization.
- Note that the price per square meter of built space is â,¬181 (cadastral valuation is â,¬410/m2 and the mortgage appraiser values it at â,¬400/m2).
- Building permits are now obtainable.
- The permitted use is for hotel purposes such as hotels (e.g., a 4-star hotel with 370 rooms), motels, aparthotels, etc. Other complementary uses are possible.
This is a remarkable opportunity to invest in a prime location with immense potential for tourism and hospitality development. Don't miss out on this opportunity to be part of the booming tourism sector in this sought-after area!
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Andalucia, Malaga, Caleta De Velez, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Málaga(International)24.3 miles
- Gibraltar (North Front)(International)82.6 miles
- Almería(International)95.4 miles
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About the agent
EXP Realty Spain, Madrid
Calle Doctor Arce 14 Madrid Spain 28002
Welcome to eXp Realty Spain, your premier destination for real estate solutions in the vibrant and diverse Spanish market. As an international real estate company, we extend our reach across 25 countries on 5 continents, ensuring a global perspective to meet your unique property needs.
At eXp Realty Spain, we take pride in our network of over 400 qualified real estate agents strategically positioned throughout the country. Our team is dedicated to assisting you in finding your perfect p
Notes
This is a property advertisement provided and maintained by EXP Realty Spain, Madrid (reference 21385398-8930) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.