House in Estepona Ref R5382907
Casares Playa · Costa del Sol
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Attention investors!
We present this property on an urban plot with potential for the construction of 9 additional homes. The existing house has 4 bedrooms and 2 bathrooms. It features a private pool and a beautiful garden.
It boasts a spacious kitchen and a large living room, perfect for entertaining.
Ready to move in and oversee construction from home.
Located 200 meters from the beach and adjacent to a golf course.
Description
- Opportunity for developers: sale of urban land in undivided ownership. The area is fully developed, with completed and approved infrastructure, ready for development.
Key asset details:
- Approximate area of undivided land: 2,450 m².
- Estimated total buildable area: 2,222 m² (garages, basements, and terraces are not included).
- Applicable zoning regulations: UA and compatible uses. Maximum height: 2 stories. Occupancy: 50%.
- Maximum density: 10 dwellings/plot (9 dwellings available after deducting existing ones).
- Urbanization status: works completed and accepted.
Land for sale with an area of 2,450 m2. It comes from a combination of 2 plots.
These plots have the following urban planning conditions:
Building density index 0.5555 m2t/m2 of land: total buildable m2: 2,299.33 x 0.5555 = 1,277.28 m2t
Applicable zoning regulations and their compatible uses.
Maximum dwelling density: 10
Maximum height: 2 stories.
50% occupancy.
A 165 m2t single-family home with a swimming pool has been built. This house would be deducted from the total buildable area, as well as from the density and the land occupancy. Therefore, there would remain to build 9 houses, 1,111 m2 of roof, on a jointly owned plot of about 1,300 m2 that remains free.
The price is for the property together with the land, with the possibility of building 9 more homes!
At 19.394 € per m² built, this listing sits 389% above the median asking price for houses in Estepona on our books — 3.968 € per m² across 480 listings.
Those are asking prices from our broker feed, not sold prices. Agreed figures on the Costa del Sol routinely land below asking, and the gap moves with the area and with how long a property has been on the market. We wrote about that difference in asking versus sold price.
The closest 6 listings we hold for houses in Estepona, ordered by how near they sit to this asking price.
Every viewing is in person, with a senior member of our team. We come prepared with the building check, comparable transactions, and our honest read.