For Sale - Land & Plots in Estepona

EXTRAORDINARY PLOT WITH HOTEL USE IN ESTEPONA MALAGA NEXT TO THE GOLF COURSE COTO DE LA SERENA. The Estepona area is in full development and is of great interest to both investors and private buyers looking to buy assets that leave an attractive return. It is an area with good beaches and services of all kinds such as beach clubs, restaurants and supermarkets. Golf is a claim for both shoppers who love this sport and for tourists who focus their holidays on a location close to a golf course. HOTEL ORDINANCE (H-3) Plots classified as hotels in the General Plan will have the following volume conditions: Buildability 1m2t/m2s Absolute maximum occupancy 55% Maximum height GF+4+PENTHOUSE Distance to public borders 1/3 High Distance to private borders 1/3 High The distance to public border may be reduced to road align, by justification in Detail Study *Keep in mind that the covered terraces count at 50% and the uncovered ones do not compute. In addition, the basement does not count in the total meters. And the uses can contemplate the realization of hotel, apart-hotel, holiday apartments, etc. SCENARIO 1_CALIDAD PREMIUM Specificication M2 plot 20.000 M2 Buildability 20.000 Building description Maximum height Ground floor + 4 + Penthouse Plot selling price /m2 600 Plot sales price 12.000.000 Total selling price 12.000.000 Construction cost /m2 1.500 Building cost 30.000.000 General costs 14% (license, arquitect, technicians) 4.200.000 Total construction cost 34.200.000 Sale price apartment €/m2 4.000 Total precio de venta 80.000.000 Sales commission 6% 4.800.000 Profit 29.000.000 Profit in % 36,3% SCENARIO 2 Specificication M2 plot 20.000 M2 Buildability 20.000 Building description Maximum height Ground floor + 4 + Penthouse Plot selling price /m2 600 Plot sales price 12.000.000 Total selling price 12.000.000 Construction cost /m2 1.300 Building cost 26.000.000 General costs 14% (license, arquitect, technicians) 3.640.000 Total construction cost 29.640.000 Sale price apartment €/m2 3.400 Total precio de venta 68.000.000 Sales commission 6% 4.080.000 Profit 22.280.000 Profit in % 32,8% SCENARIO 3 Specificication M2 plot 20.000 M2 Buildability 20.000 Building description Maximum height Ground floor + 4 + Penthouse Plot selling price /m2 600 Plot sales price 12.000.000 Total selling price 12.000.000 Construction cost /m2 1.200 Building cost 24.000.000 General costs 14% (license, arquitect, technicians) 3.360.000 Total construction cost 27.360.000 Sale price apartment €/m2 2.800 Total precio de venta 56.000.000 Sales commission 6% 3.360.000 Profit 13.280.000 Profit in % 23,7%