183956

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Investor Opportunity
Ref PD183956
Type Plot/Land - Residential
View Beach, Mountain, Panoramic, Sea
Parking No
Garden Yes
Pool 0
Built Size 0 m²
Terrace Size 0 m²
Plot Size 29.125 m²
Community €0 pa
Basura €0 pa
IBI €0 pa

Energy rating

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POA · POA · POA

Investor/Developer Opportunity - One of the last remaining true frontline beach plots left for construction on the Costa del Sol. Bank Repossession! Other new developments on the firstline beach in the local area are selling off-plan Apartments well over €500,000 and Townhouses are close to €1,000,000. The bank is asking for offers around €8 or €9 million  but a recent valuation puts it between €6 and €7 million, we beleive the guide price offer would need to be closer to the top end of this valuation to have a good chance to secure this property. Taking into consideration the urban situation (according to the PGOU of Manilva by the City Council) but pending approval of demarcation of costs, a reasonable and justified discount for this reason could be made. No issue with Licence approval subject to coastal demarcation.

Registered plot size: 29,125 m2
Catastral registration: 23,200 m2
Buildable: 0.33 (9,611.25 m2)
Max units: 58 homes
Agency Sales Management Fee to the Buyer

Property Features

Orientation: South
Setting: Beachfront
View: Beach, Mountain, Panoramic, Sea
Utilities: Drinkable Water, Electricity

Map