Investment opportunity!
The Los Picos estate is located in the prestigious Nagueles area of Marbella’s Golden Mile, a gated community known for its high level of security. However, it is currently classified as rustic land, which means it can be used for agricultural purposes such as growing crops or keeping horses.
Nevertheless, there is potential for development as the estate is involved in an urbanistic development plan approved by the Marbella town hall. This means that it is initially approved as urban land and development projects can be presented to and further approved by the town hall. Once approved, infrastructure such as drainage, roads, pavements, electricity, and water will be guaranteed by the Public Administration Office of the local or provincial authority.
Interested investors are advised to present their suggestions for partitioning and developing the estate. Modernising the existing buildings will improve the perceived value of the property and could generate an extraordinary profit for a savvy investor. In addition, approved development projects will have great income potential.
This property is available as an extraordinary deal and price is ONLY available up on request by SERIOUS INVESTORS
For detailed property information and expose please type in reference R4293586 in the search bar option
For more information and to arrange a viewing, interested parties can contact Carin Astrup at +34 686814998.
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