Situation.

A very short distance from Málaga, approximately 7 kms from the upmarket area of this city - El Palo.  The site faces South and is approximately 2 kms from the pueblo (village) of Olias.  It has spectacular sea views and of the surrounding countryside.

Development potential.

Currently there is the potential for 18 large plots of between 30,000 m2 and 32.927.33 m2 on which one can construct villas of  300,00 to 329.27 m2.  More if a semibasement is incorporated in the design.  Negotiations with regard to an outline planning permission for 200 villas on plots of 2,500 m2 with the local town hall has been initiated.

However our client would prefer to sell the whole site at 9.45 € / m2 with the current usage of 18 plots.  Consideration would be given to selling a minumun of 6 plots for 12.60 € / m2

The site has two natural springs, mains water and electricity.  The property has an escritura.  Finance can be arranged via
a Caja de Ahorros if required to suitable persons

The Development could be called "Beverly Hills"

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