Development Land Opportunity on the Costa Calida For Sale

Business description

Overview

Unique opportunity has arisen for the purchase of a substantial development plot within the picturesque area of Mazarron, Spain.

The property, known as “Canades del Romero” , is located close to the towns of Mazarron and Totana. Mazarron is a bustling beach side resort with a large contingent of holiday properties. Totana is a charming Spanish town with an abundance of shops, bars & restaurants.

Recent planning has been agreed for a motorway linking Totana and the thriving coastal town of Mazarron, making access from the development site extremely easy.

Within the immediate vicinity are several large established urbanisation's which are continually expanding to meet the ever increasing demands for holiday/retirement properties. In particular, Polaris World are developing one of Spain’s largest projects, with over 19,000 homes and three golf courses. The Polaris site is situated 2 kilometres from this land.

Property information

Location:

Property Details

The property covers an area of 381,582 m2 with excellent drainage facilities. Water and electricity supplies are close at hand. The gentle undulation of the land allows minimal excavation to be performed prior to construction.

The build ratio applied for is 18% , allowing a constructable area of 69,840 m2. The plans submitted encompass a variety of build type, from studio apartments through to large detached private villa’s. Plus the allowance for a hotel.

The ethos of the urbanisation development has been with a view to provide a secure and affordable retirement/second home community. The planning application made particular reference to the security, medical and social amenities available on-site.