Prime Development Plot for Luxury Villas in Marbella's Golden Mile
€12,000,000
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 3 days ago
- Listed
The Habio take
This substantial residential plot in Cortijo de Nagüeles offers a rare opportunity to develop six luxury villas in the coveted Golden Mile area. Situated in Marbella, renowned for its stunning beaches and vibrant lifestyle, this plot is perfectly positioned for high-end residential development.
- luxury
- investment
- family
- beach
Highlights
- Prime location in Marbella's Golden Mile
- Potential for six luxury villas
- Easy access to the beach and amenities
- Strong demand in the luxury property market
- Approved plot divisions and straightforward licensing
Good fit for: Ideal for developers and investors seeking to build luxury residences.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 70
- Family
- 80
- Retirement
- 65
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
Situated in the highly sought-after area of Cortijo de Nagüeles, on Marbella's prestigious Golden Mile, this exceptional residential plot is available for development. It comprises three cadastral plots with a total surface area of approximately 10,800 m², which has been reduced to around 9,260 m² for development purposes.
The project has potential for six individual plots of approximately 1,000 m² each, fully defined and approved by the Town Hall. With a buildability coefficient of 0.26, each plot allows for the construction of spacious luxury villas of approximately 260 m² per floor, offering the chance to design contemporary residences tailored to modern demands.
The location next to an international school makes it particularly appealing for families, ensuring a steady demand for both sales and long-term rentals. With easy access to Marbella town, Puerto Banús, and recent improvements in local infrastructure, this plot represents a turnkey opportunity to develop a collection of high-end villas in one of Marbella's most prestigious residential zones.
Where you’ll be
Marbella, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
