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Land

location_onCostabella

€930,000

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Property Highlights

Ref No: R4851688 Price: €930,000
Location: Costabella Area: Málaga
Property Type: Land Bedrooms: 0
Bathrooms: 0 Plot Size: 3129m2
Living Area: 0m2 Terrace: 0m2

Property Highlights

Ref No: R4851688
Price: €930,000
Location: Costabella
Area: Málaga
Property Type: Land
Bedrooms: 0
Bathrooms: 0
Plot Size: 3129m2
Living Area: 0m2
Terrace: 0m2

Description

Currently, under the current urban development plan, the plot is classified as unconsolidated urban land, making construction unfeasible. It is awaiting a PERI (Special Interior Reform Plan), meaning it would need an urbanization project, and the initiative would be cooperative, which means it doesn't solely depend on the owner. It is worth mentioning that in the 2010 urban plan, which was annulled, this plot was designated for public facilities, but that doesn't mean the new plan being drafted will assign the same use. In summary, it is a plot with no approved planning or management, and in the current situation, construction licenses would not be granted. The plots in the same area that are being built either had a license before 2015 or are out of planning scope and fall under specific regulations. The new Marbella urban development plan is currently in the preliminary stage, which means it neither classifies nor qualifies the land yet. We will have to wait for the initial approval phase to know more about the classification of the plot in the new plan.
  • Setting

    Beachside

    Close To Shops

    Close To Sea

    Close To Schools

  • Orientation

    South

  • Views

    Sea

  • Utilities

    Electricity

    Drinkable Water

  • Category

    Investment

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    Approximate location