property for sale spain - plot for 5 villas - marbella - elviria

Sale
price:

2,750,000 €

Reference: K2P1209 · Elviria · Updated

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  • 5344 m² plot
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Description

A great investment opportunity plot including a 5 villa project
Beautiful large plot of 5,344 sqm located in Elviria for sale including a five luxury villa project. The plot has been divided into 5 individual plots, each one of them has an approved license, nota simple and its own basic project that can be adjusted according to the buyers requirements. This project is only a 3-4 minute drive to the centre of Elviria and to the beach. Due to its high positioning and the southeast/southwest facing, the spacious plot overlooks the beautiful mediterranean coastline all the way down to Gibraltar. The plot sizes vary between 1,005 and 1,107 sqm and the houses have a built sqm of 294 to 329 sqm with the possibility of extending both the basements, terraces and increase number of bedrooms. The position of each villa is made for maximum privacy and views. The building license request as well as the basic project have already been paid. The executive project has not yet started nor has the architect or town-hall been paid. The plot is to be sold together with the project which includes everything mentioned above, fairly priced at‚ 2.750.000 Euros. If the buyer was to buy only the plots, an extra 21% should be added to the total price whereas, if the buyer was to buy the SL including the plots, IVA would be excluded.

Elviria has long been a popular holiday resort with a genuine heart, complete with town hall, post office, schools, bars, restaurants and shopping facilities. Elviria is home to many superior quality developments and urbanisations, most of which offer an elevated position overlooking the sea. It’s a well suited location for families and has become increasingly popular for second homes for many foreign visitors. Located on the coast around 10km east of Marbella and a 45 minute journey from Malaga’s International airport, which serves most major European destinations.

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