Torremolinos, Andalusia 29620

The current plot has a total surface area of 1,243 m². The plot offers a total buildable area of 402 m² above ground, excluding the basement, which can be constructed without limitation. This allows for the construction of a 402 m² dwelling on the entire plot or, alternatively, two dwellings of up to 201 m² each on two plots of 621 m².Another option is to build a 227 m² dwelling on a 700 m² plot and another of 175 m² on a 542.62 m² plot. Although the minimum plot size is 400 m² and up to three dwellings could be built, the morphology of the land suggests that one or two single-family homes would be optimal. If three dwellings are desired, they could be semi-detached. The land is zoned for residential use, compatible with other uses.The approval process has been completed and is pending the new title deeds following the land readjustment and the start of construction works, scheduled for five months according to the approved urbanisation project. The corresponding guarantee has already been submitted to the City Council.The majority owner is selling at 680 per m² of buildable area, which would value this plot at 273,360 considering its 402 m² of buildable area. The proportional urbanisation costs amount to 96,916. 53 and are not included in the price.The plot is adjacent to the green area of the future largest golf course in Málaga city (Plan Rojas-Santa Tecla, with more than 2,700 homes) and is approximately 1,000 metres from the future largest shopping and leisure centre in Andalusia (Intu), although it is currently delayed due to INTUs economic situation. It is also located at the same distance from the access roundabout to Torremolinos and the Málaga outer ring road (Hiperronda). The City Councils urban planning includes a new road that will connect Camino del Pilar with the access roundabout to Torremolinos via the motorway and the Hiperronda, improving communications.We have all the necessary documentation available, such as the establishment of the Compensation Board, rules and bylaws, the approved urbanisation project and the land readjustment project, available for any client interested in acquiring the plot.