Estepona 29688 Land Building Offered at $1,233,759

Urban and commercial plot on Revuelta Street, Cancelada - New Golden Mile, Cancelada (Estepona) Excellent investment opportunity in an urban plot located in one of the fastest-growing and most promising areas of the Costa del Sol: the New Golden Mile, in the Cancelada area, Estepona. The property is in a prime location next to the national road N-340 heading towards Estepona, providing excellent visibility and easy access. The plot enjoys a corner position, with access from two streets, a feature highly valued for both residential and commercial projects, as it allows greater versatility in design and space utilization. On this plot, you can build a ground floor, first floor, and second floor. The current owner would retain the built meters on the ground floor for two commercial premises, bearing the proportional cost of construction, and sells the first and second floors, which would be built at the cost of the new owner. Urbanistically, the plot has: - Dominant use: Residential, making it an excellent option for housing development in an increasingly demanded area. - Complementary uses: educational, cultural, and sports - Compatible uses: hotel, offices, commerce, and hospitality, offering a wide range of possibilities for investors and developers. - Maximum buildability of 2.04 m²t/m²s, allowing for a project with great potential in a consolidated and constantly expanding area. The location is another of its great attractions. The plot is just a 5-minute walk from the beach, a 5-minute drive from the center of Estepona, and approximately 10 minutes from Marbella, thus situated in a strategic enclave between two of the most important destinations on the Costa del Sol. Additionally, the surroundings have all the necessary services for daily life, including large supermarkets, pharmacies, restaurants, gyms, public transport, and all kinds of shops, further increasing the value and convenience of the area. In short, this is an excellent opportunity to develop a residential or commercial project in one of the areas with the highest growth potential on the Costa del Sol, combining location, accessibility, and multiple urban possibilities.