Development Land, Commercial or Residential

Price:

Freehold - €1,950,000

Seller Ref:

SP6000F

Location:

Andalucia (includes Costa del Sol), Costa del Sol, Mijas Costa

Business Type:

Commercial Property

See Other:

Development sites for sale in Andalucia (includes Costa del Sol)
Commercial property for sale in Andalucia (includes Costa del Sol)

Description:

THE BUSINESS:

Asking Price - €1,950,000 (Freehold) • Building Land - Prime Main Road Position • All Permits and Licences in Place • 30 Room, 4 Star Hotel with Range of Facilities • Planned Construction over 3 Floors and Basement • Outstanding Investment Opportunity This plot extends to 1891m2 and is highly visible from the main coastal road carrying 10´s of 1000´s of vehicles every day throughout the year. It is adjacent to the commercial centre serving residents and visitors to this town which itself lies between Fuengirola and Marbella on Spain’s Coast del Sol. There is a full 18 hole golf course just 2 minutes walk away - and over 80 more within 40 minutes drive. For the many golfers visiting the region, this area offers a well positioned base although the existing choice of accommodation falls well short of the choice of courses. Award - winning beaches are again within a short walk and most of the rooms within this project will offer sea views. A twice weekly street market and range of bars, shops, banks, supermarkets etc all ensure the town remains busy throughout all seasons. Our clients have obtained full planning permission for a 30 roomed, 4 star development comprising 24 rooms and 6 junior suites with both a cafe bar and restaurant. Provision has also been made for a mini-spa or health club and piano bar/nightclub, constructed over 3 floors and including the basement, the total build would be almost 3000m2 A new marine offering 440 berths has recently gained approval from the local authorities and being less than 500mtrs away will surely add to the attraction of this very rare opportunity. Plans for the hotel project together with all licences and permits are available from our office, viewing of the site can be arranged at any time and construction can commence almost immediately. We are also able to offer subject to terms and conditions, business finance to assist any potential investors in meeting either purchase and/or build costs.