Project Description
Offering an incredible investment opportunity to build a dream home or to build a villa to sell as a investment, this 2200m2 plot is located above the already underway El Lago Project in Real De La Quinta.
Situated in a privileged position with panoramic sea views and the sight of Gibraltar and the coastline of North Africa, this is an opportunity to create something magic in a soon to be highly appealing and in-demand area, with what is to come. Buying now is guaranteeing a healthy investment return by the time the project below is complete.
The plot can be purchased as purely a plot for the buyer to build whatever they wish to, or they can build an already conceptually designed villa, created by the international architect, who have also designed the entire resort. The design allows for a property to be built to the total size 530m2, and has also been designed and positioned to maximise the breath taking views.
The plot has already been prepared and flattened and also has large retaining green wall constructed, saving the future buyer costs of around €150´000 to €200´000, meaning the plot is ready to build on once build licence is granted, which has a 2-3 month wait period due to it being under Benahavis.
Plot asking price is €1´350´000
The estimated build cost for conceptual design would be – €1´600´000
The estimated sale price to market for this would be €4´500´000 – €5´000´000
(estimations are on current building costs and current market pricing, prices are subject to IVA and relevant taxes)