Residential Plot · Marbella
Prime Residential & Commercial Development Plot in Marbella Center
€1,400,000Asking price · Ref. R5429578
Description
Prime Residential & Commercial Development Plot in Marbella Center
Perfectly positioned within a consolidated urban enclave in the heart of Marbella center, this flat development plot of 364.89 m² presents an exceptional opportunity for developers. As outlined in the technical documentation and layout maps in g, the plot is currently occupied by a single-story commercial structure designated for demolition. The land holds a premium classification as Consolidated Urban Land (Suelo Urbano Consolidado) under MC-1 closing block zoning rules, allowing for multi-family residential construction.
According to the approved development framework, the plot yields a total built area above ground of 1,291.19 m². The architectural design hypothesis optimizes this footprint into a multi-story building featuring 12 residential apartments, 13 underground garage spaces, and a ground-floor commercial unit of 284.89 m². Located in a high-demand zone with excellent infrastructure and nearby services, this project promises high commercial viability. For full technical details, urban building coefficients, and project dossiers, please contact us directly.
Setting
Town · Commercial Area · Close To Sea
Orientation
North
Property Intelligence
Investment memo
Based on feed data only. Where information is not available we say so.
- Asking price
- €1,400,000
- Price per m² built
- €7,071 asking price ÷ listed built area
- Built size
- 198 m²
- Plot size
- 364 m²
- Terraces
- Not provided
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Area
- Marbella
- Location quality
- Assessed in a full memo on request.
- Rental potential
- Not assessed from feed data. Licensing, seasonality and costs are reviewed in a full memo.
- Liquidity considerations
- Sits in the deepest part of the prime market; resale demand is typically broad, with condition and location the main differentiators.
- Relative value
- We do not publish valuations or comparables we have not verified. A comparable set is prepared on request.
Why we like it
Our view is formed once we have viewed the property and reviewed its documentation.
What we would challenge
- Build cost, licence timelines and design constraints determine the true all-in price of a plot.
- Asking price only: we form a view of value from verified comparables before recommending an offer.
What we would verify
- Registered versus cadastral areas for plot and built surfaces
- Licence of first occupation and legality of all structures
- Charges, encumbrances and ownership at the land registry
- Local taxes (IBI), community fees and any pending levies
Acquisition considerations
- Resale purchases in Andalusia are generally subject to 7% transfer tax (ITP); new-build purchases to VAT plus stamp duty. Notary, registry and legal fees are additional. Confirm with your lawyer.
- A private purchase contract with a deposit (often around 10%) normally precedes completion before a notary.
- Financing approvals should be secured before signing a deposit contract.
Financing example
How a buyer could potentially fund 100% of the purchase price without automatically selling investments.
- Property price
- €1,400,000
- Taxes, legal, notary and acquisition costs illustrative c. 10%
- €140,000
- Total acquisition requirement
- €1,540,000
- Traditional mortgage 50% of property price
- €700,000
- Portfolio-backed facility e.g. c. 70% of an eligible portfolio of c. €1.2m
- €840,000
- Cash sale of investments required
- €0
Financing examples are illustrative and do not constitute an offer of credit. Availability depends on the client profile, collateral, property, jurisdiction and lender approval. Portfolio-backed lending may be illustrated at up to approximately 70% loan-to-value where suitable. Actual lending value depends on portfolio composition, concentration, volatility, liquidity, currency, jurisdiction and lender approval. Borrowing below the maximum leaves a buffer if markets fall. Mortgage approval depends on income, residency, property value and lender. How Smart Financing works.
Property information is supplied by owners, collaborating agencies and/or authorised data providers and is subject to verification. Availability, measurements, planning status and specifications may change and should be independently confirmed before acquisition. The exact address is disclosed privately.