FOR SALE 🏡 Flat Southwest-Facing Plot with Panoramic Sea Views in a Gated Estate – Monte Mayor, Benahavís 🇪🇸

FOR SALE 🌟
🏡 Flat Southwest-Facing Plot with Panoramic Sea Views in a Gated Estate
🇪🇸 Monte Mayor, Benahavís, Málaga 🇪🇸

One of the few predominantly flat plots in this gated hillside estate, facing southwest with panoramic sea views and 24-hour security ✨

✅ Plot of 3,127 m²
✅ Buildability approx. 12.2%: around 381 m² above ground, subject to planning approval
✅ Existing villa design of approx. 1,050 m² including basement
✅ Previous building licence expired, possibly capable of reactivation
✅ Southwest facing, panoramic sea views
✅ Neighbouring plot of 4,570 m² also available: approx. 7,697 m² combined
✅ Asking Price: €959,000

The flat terrain allows easier construction, more usable outdoor space and potentially lower excavation and retaining-wall costs. A buyer can work with the existing design or submit a new project.

The estate offers privacy and mountain, valley and sea views, 8 to 10 minutes from the coast and close to Benahavís, Marbella, Estepona, golf and international schools.

📊 Investment case (indicative)
✅ Planning: previous building licence expired, possibly capable of reactivation (to be confirmed)
✅ Purchase after negotiation: approx. €911,000, plus approx. €82,000 costs (7% transfer tax, notary, registry, lawyer)
✅ Construction of approx. 1,050 m² (existing design incl. basement) at €3,000 per m² (our reference rate for a high-end build; standard builds run €1,800–2,200, ultra-luxury €4,000+): approx. €4,300,000 incl. 10% VAT, architect and project management, licence and ICIO tax, 10% contingency – excluding pool and landscaping
✅ Total investment incl. approx. 30 months holding costs: approx. €5,320,000
✅ New villas in Monte Mayor realistically sell at approx. €6,000–7,000 per m² (asking prices less the usual 10–15% negotiation); we calculate with €6,300
✅ Estimated resale: approx. €6,600,000, less approx. €460,000 selling costs
✅ Indicative profit: approx. €830,000, before capital gains tax
Figures are indicative estimates based on our reference build cost and comparable new villas nearby; they are not a valuation. Plug in your own build cost per m² to compare with your own project.

Contact Agent4Stars for further information or to arrange a viewing.

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