GREEN ZONE PLOT ONLY AS PLANNING APPROVAL IS TIED UP IN THE NEW ESTEPONA PGOU
Green zone plot for El Paraiso Medio between San Pedro & Estepona, Just 10 minutes drive to Marbella and Puerto Banus, situated on the New Golden Mile. Plot of 6790m2 on centrally located land, level plot and easy access with ready built roads and services, including water, electricity and sewage.
Please note, this plot was originally priced higher but, unfortunately, the building licences were revoked and the classification of the land was reverted to non-development land due to the coefficient of built m2 in the area having been exceeded. The Estepona Town Urban Plan (PGOU) has been delayed and it is not clear ,once the new plan is revised, which could take a further 2 to 10 years, whether the land will ever be reclassified as development land.
To this end the only current potential use is as green zone, as mulitple applications for urban development have been presented to the town hall and all have been negated. A current potential interest is for the neighbouring tennis club to build further tennis courts, conceding part of the land back to the townhall for development of a children's play area or green zone park, however his current offer on the land is only 50,000 Euros.
The valuation of the land is currently reduced due to the planning difficulties.
Land, El Paraiso, Costa del Sol.
Garden/Plot 6790 m².
Setting : Close To Shops, Urbanisation.
Orientation : South.
Pool : Room For Pool.
Views : Sea, Country.