Residential Plot in Almayate

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Description

Urban land to construct 100 townhouses with stunning sea views. We are pleased to present one of the last urban plots available situated close to the beach on the edge of Torre del Mar. Currently there is a large finca located on the plot with a total constructed size of 1,607m2 that sits on 26,113m2 of land. The plot has south orientation with clear panoramic views to the sea and is situated within 500 metres to the beach. The plot is flat and is classified has urban land, ARI.A-12 (LO) with a build allowance of 0.49% agreed. It is possible to construct up to 12,113.00m2 of ceiling with the property type for this area designated as townhouses. The maximum build is for 100 townhouses constructed over two levels (PB+1). There is also the possibility to construct a residential home (retirement) with up to 75 rooms and create a small resort and also construct 50 townhouses that would be residential and separate to the retirement complex. So you have two excellent options to be able to create a strong return on your investment. The plot is located less than a minute walk into the town centre, where there are shops, bars, restaurants, bars, banks and a pharmacy. Torre del Mar is less than a 5 minute drive, Velez Malaga is 15 minutes away and Malaga Capital is a 30 minute drive. Contact us now for more details.