EXCELLENT INVESTMENT OPPORTUNITY, FRONTLINE GOLF LAND FOR RESIDENTIAL DEVELOP...

REPRESENTING AN EXCELLENT INVESTMENT OPPORTUNITY, THIS SUPERB STRETCH OF RESIDENTIAL BUILDING LAND AT LA CALA GOLF RESORT, MIJAS IS NOW FOR SALE AT 2,100,000€, A PRICE WELL BELOW MARKET VALUE. The bank valuation of the land is approximately 5,900,000€. What is more, this plot of land is available to purchase direct from the developer.
The plot of land, which sits directly overlooking America, one of the three 18-hole golf courses in the resort, occupies 42,257 m2 of prime residential building land within 1km of the stunning facilities of the La Cala Golf Resort Hotel & Clubhouse. The positioning of the land is ideal for building, and as it is classified as land for residential building, and at an exceptional price, the potential for a developer to achieve a high return on investment is huge.
A complete topographical study of the land has taken place, and there are architectural plans to construct a complex of 138 townhouses on this site available to the buyer. Equally, this land is suited to the construction of one or two select villas
The area is very popular with both residents and second-home owners, and as yet, building in the La Cala area is low-density, with new-build properties selling fast. Current pricing for townhouses enjoying a frontline position on the golf course at La Cala Golf Resort range from 300,000-550,000€ each. The plot of land lends itself to be developed in several phases if required.
Complete with 3 golf courses, golf academy, spa & hotel, the resort attracts golfers from far and wide, and the area is, accordingly a sought-after, but as yet under-developed residential area, just 10 minutes’ drive to the coast and beaches. At this exceptional price reduction, this plot of residential building land and is a must-see investment. Held as a unique asset in limited company, the land can be purchased through the company.