This substantial plot of land, situated in the highly desirable Golden Mile area of Marbella, presents a significant development opportunity. With a fixed asking price of €12,000,000, this 10,800 m² parcel offers the potential to create a boutique collection of luxury villas. The land is designated as 'finalist,' indicating a streamlined process for obtaining building licenses. Its strategic location combines proximity to essential amenities with the prestige associated with one of the Costa del Sol's most exclusive addresses, making it an attractive proposition for discerning developers and investors.
The Golden Mile represents the pinnacle of luxury development on the Costa del Sol, commanding prices significantly above those found in areas like Torre del Mar (Aquamar, from €269,950), Mijas (Lantana Residencial, from €205,000), or Estepona (Etherna Homes 2, from €269,000). These comparable projects, while offering residential opportunities, are situated in different market segments and locations. This land plot's €12,000,000 price point reflects its distinctive position in a globally recognized, high-demand area. The Golden Mile's established reputation for exclusivity, combined with its robust infrastructure and consistent appeal to international buyers seeking premium residences, differentiates it from other coastal towns. The potential to develop multiple high-value villas on this substantial plot positions it as a distinct investment compared to single-unit developments or land in less prestigious areas.
Key characteristics of location, homes, project phase and points of attention.
Located in the Cortijo de Nagüeles area on Marbella's Golden Mile, this plot is positioned in a well-established residential zone. It offers a balance of seclusion and connectivity, being close to international schools and within reach of coastal amenities. The urban setting ensures that key services are accessible, contributing to the overall convenience for future residents.
This land is suited for developing high-end residences tailored to the luxury market's demands. The buildability coefficient allows for spacious villas, approximately 260 m² per floor, with potential for basements and terraces. Future residents can anticipate homes designed for contemporary living, offering ample space and the possibility for personalized luxury features.
The construction status is 'key-ready,' and the land is designated as 'finalist,' meaning it is in the final development stage. The plot divisions are fully approved by the Town Hall, allowing for a straightforward process to secure building licenses. The land has been structured and reduced, ready for the next phase of development.
This is a land plot, not a finished property; therefore, it does not include features like bedrooms, bathrooms, or interior finishes. The buildability is subject to a coefficient of 0.26, limiting the total construction area relative to the plot size. Road access and easements have already been factored into the usable development area.
This development land is suitable for investors or development companies seeking to capitalize on the high demand for luxury properties in prime Marbella locations. It is suitable for those looking to create a portfolio of exclusive villas, targeting affluent buyers or renters who value prestige, privacy, and convenience. Families searching for a location with access to international education and a secure, upscale environment will find the surrounding area appealing. Furthermore, individuals or entities interested in long-term capital appreciation within one of the Costa del Sol's most established luxury markets would find this opportunity compelling.
While this is a land plot, the 'finalist' status and approved divisions suggest a foundation for high-quality development. The buildability coefficient of 0.26 permits villas of approximately 260 m² per floor, excluding basements and terraces, with a maximum height of 7.5 meters. This provides ample scope for constructing modern, spacious residences. Future construction would likely adhere to luxury market standards, incorporating premium materials and contemporary design to meet the expectations of high-net-worth buyers. The surrounding infrastructure, including potential new roads and sound insulation, further supports the development of a high-quality living environment.
The land is offered at a fixed asking price of €12,000,000. This price reflects the prime location on Marbella's Golden Mile and the development potential. The plot spans 10,800 m² and is approved for the creation of six individual plots, each suitable for constructing substantial luxury villas. As a 'finalist' plot with approved divisions, the investment value is underscored by the readiness for the subsequent licensing and construction phases, targeting the premium segment of the property market.
The Golden Mile, between Marbella town and Puerto Banús, is synonymous with luxury living and exclusivity on the Costa del Sol. This area offers a distinctive blend of residential tranquility and vibrant coastal life. The proximity to high-end shopping, fine dining, and world-class leisure facilities such as golf courses and marinas defines the lifestyle here. Despite its upscale nature, the area maintains a strong residential character, appealing to families due to its excellent educational institutions, including an international school nearby. Accessibility is a key asset, with straightforward connections to the AP-7 highway and the coastal road, facilitating travel to Málaga city and its airport. The environment is characterized by well-maintained properties, lush landscaping, and a commitment to preserving its prestigious image, creating a stable and desirable locale for investment and residency.
The Golden Mile is a globally recognized address, offering a lifestyle centered around luxury, leisure, and convenience. Residents benefit from immediate access to the Mediterranean Sea, with beaches like Playa de la Bajadilla just 1.3 km away. The area is dotted with exclusive restaurants, designer boutiques, and vibrant beach clubs. For golf enthusiasts, several renowned courses are within an 8-11 km radius. Daily necessities are well catered for, with a supermarket only 73 meters away and a hospital 642 meters distant, ensuring practicality alongside the upscale amenities. The presence of public transport stops and lines enhances connectivity within Marbella and to surrounding towns.
This map highlights the strategic positioning of the development land on Marbella's renowned Golden Mile. It illustrates the close proximity to essential amenities like supermarkets and hospitals, as well as its nearness to the coastline and beaches. The map also indicates the accessibility to major transport routes and nearby golf courses, underscoring the comprehensive lifestyle offerings of this location.
Approximate area · exact address shared on request
Positioned on Marbella's Golden Mile, this land plot is strategically located within the province of Málaga. It sits between the cosmopolitan city of Málaga (54 km away) and the glamorous resort town of Marbella (7 km away). This prime location places it at the heart of the Costa del Sol's most exclusive and well-established luxury real estate market. The area benefits from the region's strong tourism infrastructure and a high volume of property transactions, indicating a dynamic market.
This plot boasts excellent accessibility. It is conveniently located near essential services, with a supermarket just 73 meters away and a pharmacy 211 meters distant. The beach is a short walk away at 1.3 km. For international travel, Málaga-Costa del Sol Airport (AGP) is approximately 38 km away. Major golf courses are accessible within an 8.2-11 km range. The area is well-served by public transport, with numerous stops and lines facilitating movement around Marbella and beyond. Road connectivity is strong, with direct access to the highway just 200 meters from the site.
| Beach Distance | 1.3 km |
| Malaga-Costa del Sol (AGP) | 38 km |
| Gibraltar (GIB) | 59 km |
Source: OpenStreetMap, Google Maps
The climate in this region of the Costa del Sol is Mediterranean, characterized by mild winters and warm summers. The average annual temperature is 18.3°C, with sunshine prevalent for much of the year, supporting an outdoor lifestyle. The swimming season typically lasts for about four months, when water temperatures reach 20°C or higher. The plot is situated at an elevation of 81 meters above sea level. The gradient towards the nearest beach, Playa de la Bajadilla, is a moderate 4.9%, making access relatively comfortable.
Source: Open-Meteo (2020–2025 average)
The proximity to the sea is a key feature, with Playa de la Bajadilla just 1.3 km away. Several other beaches, including Playa de San Andrés (1.8 km) and Playa de la Misericordia (3.2 km), are also easily accessible. The area offers a wealth of recreational activities. For golf enthusiasts, Club de Golf Málaga Parador is 8.2 km away, with other courses within reach. Water sports are popular, with marinas like Marina la Bajadilla Marbella located 1.4 km away. Several sports centers and public swimming pools are also nearby, ensuring ample options for fitness and leisure.
Source: OpenStreetMap
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 12.1°C | 64 mm |
| February | 12.9°C | 40 mm |
| March | 14.0°C | 130 mm |
| April | 15.9°C | 59 mm |
| May | 19.1°C | 23 mm |
| June | 22.8°C | 6 mm |
| July | 25.6°C | 1 mm |
| August | 26.0°C | 7 mm |
| September | 23.1°C | 24 mm |
| October | 19.8°C | 73 mm |
| November | 15.4°C | 78 mm |
| December | 13.2°C | 70 mm |
Moderate
Ref: VL505447
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
With years of experience, Emma Whitfield expertly guides English-speaking clients through the intricacies of the Spanish property market. Her dedication ensures a smooth journey.
AI-assisted multilingual representative. Your inquiry is handled by the team behind this site.
Interested?
Leave your details and we will contact you shortly with more information about this project.