Building land for Sale

**Prime Land for Sale in BAVIERA GOLF-PLAYA, Caleta de Vélez (near Torre del Mar)** Perfect for the development of 420 tourist apartments and/or a 450-room hotel and/or a nursing home. **ALL WITH SEA AND BAVIERA GOLF COURSE VIEWS, INCLUDING GROUND FLOOR APARTMENTS OR ROOMS!** Located just 1,000 meters from the beach and 20 minutes from Malaga. **Key Features:** - Situated in an upscale area, adjacent to Baviera Golf Course and 900 residences. - Within 500 meters of Caleta de Vélez, renowned for its Marina and magnificent beaches, among the best on the Costa del Sol and only 20 minutes from Malaga. - Its cadastral value is €8.9 million, and the Mortgage Appraisal S.A.U. values it at €8.6 million. - The land is available for €3.9 million. Urbanization is estimated to be completed within 12 months, with Via Célere, a shareholder in the sector, already having sold 80% of the 250 homes it plans to build. - This land has already contributed and paid over €1.2 million towards urbanization. - Note that the price per square meter of built space is €181 (cadastral valuation is €410/m2 and the mortgage appraiser values it at €400/m2). - Building permits are now obtainable. - The permitted use is for hotel purposes such as hotels (e.g., a 4-star hotel with 370 rooms), motels, aparthotels, etc. Other complementary uses are possible. This is a remarkable opportunity to invest in a prime location with immense potential for tourism and hospitality development. Don't miss out on this opportunity to be part of the booming tourism sector in this sought-after area!