DESCRIPTION
Located in the prime Sector of Estepona, Málaga, Spain, two excellent residential land parcels await the development of luxury single-family homes. Zoned “Unif Exenta,” they offer a once-in-a-lifetime opportunity to capitalize on the demand for luxury residences along the renowned Costa del Sol. With huge surface areas and excellent buildable potential, these parcels are excellent real estate for building exclusive homes for discerning buyers.
The first piece of land measures a whopping 7,798.78 square meters and has 1,862.35 square meters of buildable area. This allows for the construction of up to six elegant freestanding villas perfectly suited for an upscale, boutique scheme fostering exclusivity and chic design. The second, larger parcel, is a massive 14,253.65 square meters, with a large area of 3,421.30 square meters that can be built upon and has permission to construct up to nine luxury houses. This parcel offers the potential for development on an even larger scale, perhaps a gated private home community with plenty of room and wonderful amenities for residents.
Estepona’s favorable location along the Costa del Sol further contributes to the investment worth of these land parcels. The highly desirable zone is favored by high-net-worth local and overseas buyers of a refined way of life, drawn by its stunning coastline, championship-standard golf courses, and lavish cultural heritage. The proximity to the highly convenient Málaga Airport, just 45 minutes away, and the nearby position to the lavish amenities of Marbella, along with the additional pull of the unique charm of Gibraltar, accentuates Estepona’s allure as an ultimate residence.
These scarce land holdings present an appealing opportunity for high-net-worth individuals looking for high-end property investments, experienced developers with a luxury residential development focus, and offshore buyers seeking secure European markets with strong growth prospects. The low-density zoning allocated for yard homes is ideally appropriate for the ongoing demand for large, high-end villas in Estepona, presenting extremely appealing yields and the construction of highly desirable properties in a consistently sought-after location.
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