An extraordinary residential plot is available in Valtocado, a coveted location on the Costa del Sol near Mijas Pueblo. This expansive parcel offers breathtaking panoramic sea views, providing a remarkable foundation for bespoke development. Spanning an impressive 46,760 square meters, this urban land parcel holds a granted license from the Town Hall.
This allows for its subdivision into 18 individual plots of 2,000 square meters each, or alternatively, 10 generously sized plots suitable for grand super villas. This flexibility presents a unique investment opportunity for discerning developers or those envisioning a significant luxury property portfolio. Considering that well-positioned plots within the Valtocado urbanization typically command prices upwards of EUR 200,000, the potential here is compelling.
The infrastructure investment is estimated at approximately EUR 1 million, further enhancing the viability of this project. As a leading real estate agency Marbella, Avida Estate highlights this plot for its strategic value and development potential. There is also the possibility to acquire an additional six plots from two other owners, further consolidating an already attractive land bank.
This offering stands as a testament to the enduring appeal of prime Costa del Sol real estate.