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Investment Opportunity to purchase land to build 18 townhouses located over in Alhaurin Golf for just over 21,000€ per property.
Situated front line to the famous Seve Ballesteros designed golf course in Alhaurin Golf, this development is a product of the economic crash of 2008 and was valued at just under 3 million euros prior to 2008.
The existing plot is just under 8,000M2 with a total build allowance of 5,500M2 allowing for a total of 18 townhouses with an average build of 300M2 per property.
The townhouses are linked in pairs with 9 blocks of two townhouses, each townhouse has its own private garden and underground parking, the plan also offers 2 swimming pools.
Currently the development is approximately 25% finished, with the lower level of the development consisting of 8 townhouses all of the concrete foundations are already in place along with the road.
Ideally located within the golf course, the development has stunning views to the mountains, golf course and surrounding area.
The clubhouse is 2 minutes away and the town of Alhaurin El Grande is 5 minutes away by car, you are also ideally located to Mijas Pueblo and Fuengirola. Malaga Centre and Airport is a 20 minute drive.
This is a great opportunity to complete a development of townhouses and provide a very strong return on your investment.
Ref | DPIe231 |
Type | Residential Plot |
Bedrooms | 0 |
Bathrooms | 0 |
Parking | Yes |
Garden | Yes |
Pool | Yes |
Built Size | 5.459m² |
Terrace Size | 0m² |
Plot Size | 7.826m² |
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Alhaurín de la Torre is a municipality of Málaga province. It includes the areas of Alhaurín de la Torre, El Romeral, La Alqueria, La Fuensanta, Los Tomillares, Peñon-Zapata-Molina and Santa Amalia with a population of aproximately 38,300 residents.
The area creates the border between the Guadalhorce valley and the coastline being situated just 20 minutes’ drive from the Malaga city centre, and approximately the same distance to coastline and popular resorts of Torremolinos.
The town’s history dates back to Moorish times, however over the past decade Alhaurin de la Torre the town has transformed and is credited as being one of the fastest growing inland areas on the Costa del Sol.
This progressive town still retains some historic tourist attractions such as the parish church of San Sebastián dating back to the 18th century and the gardens of El Retiro, founded in the 17th Century by the Bishop of Málaga, which are home to a wide variety of plants and wildlife.
Lauro Golf Course is close by, an inland course on flat terrain 300m above sea level. This 36 hole course provides a beautiful setting among pine, cork, olive and citrus trees.
Alhaurin de la Torre offers an inland setting with a faster pace of life, property options range from traditional dwellings to modern apartments, townhouses and villas.