Apartment in Caleta de Vélez

Discover an unparalleled investment opportunity with this expansive commercial plot in Caleta de Vélez, strategically positioned to harness the vibrant energy of the Costa del Sol. Spanning an impressive 16,295 m², this plot offers a canvas for visionary development, perfectly suited for a high-yield project in one of Spain’s most sought-after regions. With its prime location just 500 meters from the acclaimed Caleta de Vélez marina and pristine beaches, and a mere 20-minute drive to Málaga, this land parcel promises exceptional accessibility and strong market demand for future ventures. Imagine the potential for a new landmark development in a thriving community.

This substantial plot boasts a remarkable buildable area of 21,632 m², providing ample scope for diverse commercial and residential projects. Situated adjacent to the prestigious Baviera Golf Course, and surrounded by a sophisticated residential area comprising approximately 900 homes, many of which are isolated properties with private gardens, the location guarantees a robust client base. The existing cadastral value of €8,849,932 and a current mortgage appraisal certificate of €8,636,737 underscore the inherent value and financial security of this offering. Such a substantial valuation provides a solid foundation for any large-scale development.

The versatility of this commercial plot in Caleta de Vélez is truly exceptional, confirmed by local city council approvals. The primary permitted use is for hotel development, envisaging a 4-star hotel with up to 370 rooms, along with motels and aparthotels. Furthermore, up to 49% of the land can be allocated to a wide array of complementary uses, enhancing the project's appeal and revenue streams. These include community accommodation such as residences for the elderly or student housing, offices, commercial spaces like markets and supermarkets, medical facilities, hospitality venues, light industrial use, educational centers, and recreational/cultural amenities. This flexibility allows for truly mixed-use developments, such as a hotel combined with a nursing home.

The advantageous setting of this plot, designated as 'Frontline Golf,' offers immediate access and stunning vistas across the Baviera Golf Course. The south to southwest orientation ensures abundant natural light and captivating views of the sea, mountains, and golf greens, creating an attractive environment for any proposed development. Obtaining a building permit is streamlined, with the option to pay a guarantee for simultaneous urbanization and building works, which is then discounted from the purchase price. This makes the development process more efficient and financially viable for investors seeking to capitalize on the dynamic Costa del Sol market.

This Caleta de Vélez commercial plot represents a significant opportunity for investors looking to make a substantial impact in the Costa del Sol. Its strategic location, extensive buildable area, and flexible zoning regulations make it an ideal choice for a range of high-return projects, from luxury hospitality to essential community services. The combination of golf views, proximity to the beach, and easy access to Málaga city positions this land as a cornerstone for future growth and profitability.