Description
BAVARIA GOLF GROUND - BEACH
Buildability: 21,632 m² on a 16,295 m² plot
In a high-end sector, next to the Baviera Golf Course and 900 homes (most of them isolated homes with private gardens)
Located 500m. from Caleta de Vélez, famous for its Marina and magnificent beaches, among the best on the Costa del Sol and 20 minutes from Malaga
Its Cadastral Value is €8,849,932
It has a Mortgage Appraisal Certificate S.A.U. €8,636,737 (current and valid appraisal for mortgage purposes)
Its RRP And all this for only €1.6 million (plus urbanization completion cost in 18 months)Total €3900,000
Note that by impact the PVP is €181/m2 ceiling (cadastre has valued it at €410/m2 and the mortgage appraiser at €400/m2)
Hotel Use such as HOTEL (e.g. 4-star hotel with 370 rooms), Motels, Aparthotels, etc. In addition, there is confirmation from the City Council to allocate up to 49% of the land to any of the following uses:
Community Accommodation Use: ELDERLY RESIDENCE, Student residence.
Use of Offices and Offices, such as Agencies, Real Estate Agencies, Banks...
Commercial Use such as Markets, Supermarkets, Stores, etc.
I use Medical Services, such as Hospitals, Clinics, Outpatient Clinics, etc.
Hospitality use, such as Cafeteria, Bars, Restaurants, Nightclubs, Casinos, etc.
Industrial Use: Transformation of raw or semi-finished materials.
Educational Use, such as School Centers, Daycare Centers, Universities, etc.
Recreational and Cultural Use such as Shows, Cinemas, Libraries, Museums, etc.
That is, it is possible to build, for example: 1 Hotel + 1 Nursing Home
It is possible to obtain a works license by paying the amount of the guarantee for the simultaneous urbanization and building works (which is deducted from your PVP).
