FORCED SALE BARGAIN. Massively reduced. Large 62,000 sqm land site of 19 villa plots (2000+ sqm each) in the exclusive Valtocado, Mijas Hills, South facing with sea views.

Unforeseen circumstances have meant that we can now offer this land at an incredibly low price for an urgent sale. There are potentially 19 plots of between 2000 to 3000 sqm on the approx. 62,000 sqm site currently available for urgent sale. We are also in contact with the owner of another 3 plots (approx 11,000 sqm) in the same location and original project, which are also possibly available to buy at an additional cost. This would bring the whole site area up to around 73,000 sqm. The original project was going to be 22 modern contemporary luxury villas on the whole site.

This forced sale deal offers great potential for an Investor or developer to build luxury villas on an elevated hillside site, which is located just off the main road between Mijas Pueblo and Alhaurin Golf and has already had some land contour work carried out. This land lies just 2.5 kilometres from Mijas Pueblo (one of Spains most famous & beautiful white villages). It's also only approx. 15 mins drive to the fabulous blue flag beaches & marina towns of the Costa del Sol.

Most of the plots have amazing panoramic sea / coastal views from their elevated positions and each plot has between 2000 to 3000 sqm of land that can accommodate a luxury villa with private swimming pool. Build is expected at 20 % and of 2 floors height. The Plan General classified this area as an urban land project and set out a general layout for future development of the area. This implies that public green spaces and implementation of the urbanisation works are required before getting the building permits.

The potential profit margin is excellent and any interested parties can get additional information from us or our lawyers.

The photographs, images and information supplied on the properties for sale in Spain are purely offering a basic guideline and are not legally binding in anyway. We try and get as accurate information as possible, however, this information is supplied by the vendor / seller and full documentation is often slow coming until a provisional sale is agreed. Therefore interested purchasers should always get their own lawyer to check information supplied before entering into a sale or committing a deposit. We can recommend independent professional law firms (that speak your language) to handle all your conveyancing needs. We also have a panel of independent financial advisers and bank managers to assist with Spanish mortgages.