Land buy in Arroyo de la Miel Andalusia

Located in Prestigious Urbanisation of Rancho Domingo, one of the most historic urbanisations with mature gardens on the Costa del Sol and its famous architect Frank Lloyd Wright and disciple Robert Mosher. This plot is one of the last interior plots (away from main road) which is nestled in between beautifully mature gardens. The area measures aprox 2057m2 (Total build allowance subject to project approval of 0,26 m2t/m2s = over 530m2 Build) and benefits from with sea views and a 2 bed 2 bath bungalow of 84m2 built area, bar area, utility room/shower all totalling 100m2 and a tennis court of 258m2. One could see this as a lovely and charming home with immense grounds and views but also as a unique investment opportunity, taking advantage of this plot with the build of property, with total build of over 530m2. Given that plots like these are few, especially in this part of Benalmadena and with a generous build allowance, a newly built villa here would be much appreciated by any discerning buyer! As mentioned take for example other prestigious areas with builds of aprox 400m2 and plots of aprox 2000m2, where price is often close to or above 2m€, many would agree that Rancho Domingo is superior to many other areas within Benalmadena and hence here the potential for investment is clear. **All of the above is subject to planning approval The price quoted does not include purchase costs or taxes. Buyer will need to consider purchase tax (ITP-8% up to 400.000€, 9% between 400.000€ to 700.000€ and 10% above 700.000€) on the purchase price, also Notary fees and Land registry fees.