Rincón de la Victoria Residential Plot R5252170

  • €363,000

Discover a prime investment in La Cala del Moral with the PANORAMA BUILDING project, offering dual profitability for residential or tourist use.

  • Residential Plot
  • Property Type
  • 430 m2
  • Land Area
  • R5252170
  • Property ID
Rincón de la Victoria Centro Residential Plot R5252170
  • €363,000

Description

Prime Real Estate Investment Opportunity: PANORAMA BUILDING in La Cala del Moral

We are excited to present a unique investment opportunity in a new construction project with dual profitability, located in one of the most desirable coastal areas of the Costa del Sol: La Cala del Moral, Rincón de la Victoria (Málaga).

This project, named EDIFICIO PANORAMA, has already undergone preliminary technical and urban planning studies for both residential and tourist uses.

Situated just 320 metres from the Mediterranean Sea, the location of La Cala del Moral offers a vibrant lifestyle with access to beautiful beaches and a variety of local amenities. The area is renowned for its attractive climate, making it a popular destination for both residents and tourists seeking the ideal coastal retreat.

The strategic positioning of this project enhances its appeal for investors looking to tap into the thriving real estate market.

The plot comprises consolidated urban land at Camino del Cementerio 19A, covering a total area of 430.51 m². Developers can build four floors above ground plus a basement, maximising the site's potential. The surrounding area is characterised by high demand for primary residences and second homes, making EDIFICIO PANORAMA an attractive proposition for investors.

Two development options for the PANORAMA BUILDING have been optimised in the preliminary study. The first, Option A, focuses on a tourist regime (2 stars), proposing the construction of 10 studios and 1 apartment, with a total built area of 959.15

m². This approach allows for a quick return on investment through holiday rentals, capitalising on the area's robust tourist demand.

Alternatively, Option B targets a residential regime, aiming for high-end units or long-term rentals. The proposed layout includes multiple dwellings (apartments) based on studio plans, with a total built area of 932.26 m². Premium features such as terraces and a swimming pool on the penthouse floor can be designed, appealing to the luxury market in the area.

In conclusion, the PANORAMA BUILDING presents a low-risk investment opportunity in consolidated urban land, strategically located just 320 metres from the sea. With the flexibility to develop the project to suit market demands, this investment is poised for success. For detailed floor plans, technical details, urban planning parameters, and surface area studies for both residential and tourist regimes, please contact us to arrange an appointment.

Details

  • Property ID: R5252170
  • Price: €363,000
  • Land Area: 430 m²

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