Description

Excellent investment opportunity awaits in an urban plot situated in the rapidly developing area of the Costa del Sol: the New Golden Mile in Cancelada, Estepona. This prime Land boasts a highly advantageous location, adjacent to the N-340 national road that leads towards Estepona, ensuring exceptional visibility and easy accessibility for future developments.

The plot benefits from a corner position with access from two streets, an invaluable feature for both residential and commercial projects. This design flexibility allows for optimal utilisation of the available space, catering to a variety of development needs. The current owner will retain the built area on the ground floor designated for two commercial premises, while the first and second floors are available for

new ownership and development.

From an urban planning standpoint, the plot is primarily designated for residential use, making it an attractive option for home development in this increasingly desirable location. Complementary uses include educational, cultural, and sports facilities, while compatible uses extend to hotels, offices, retail, and hospitality, presenting numerous possibilities for investors and developers alike.

With a maximum buildability of 2.04 m²t/m²s, this plot offers the potential for substantial projects in a well-established and continually expanding area. Its exceptional location places it just a 5-minute walk from the beach, a mere 5 minutes by car to Estepona's centre, and approximately 10 minutes from the bustling Marbella, making it strategically positioned between two of the Costa del Sol’s key destinations.

The surrounding area enhances the appeal of this plot, providing a wealth of everyday amenities. Residents can enjoy easy access to large supermarkets, pharmacies, restaurants, gyms, and public transport connections, alongside a diverse range of shops. This convenience significantly adds to the lifestyle benefits and overall value of the location.

In conclusion, this land represents a remarkable opportunity for developing a residential or commercial project in one of the Costa del Sol's most promising regions. With its strategic positioning, excellent accessibility, and various urban development possibilities, it is an investment that promises significant returns as the area continues to thrive.