GROUND BAVIERA GOLF - BEACH
Located in Baviera Golf (Vélez-Málaga), it has a buildable area of 21,632 m² and occupies an area of 16,295 m²
It is part of a high-level sector, next to the Baviera Golf Course and approximately 900 homes can be built, most of them single-family homes with private gardens.
Located 500 meters from Caleta de Vélez, famous for its Marina and magnificent beaches, among the best on the Costa del Sol and 20 minutes from Malaga with direct access to its highway
ASSESSMENT:
Its cadastral value is €8,849,932.93, after a recent municipal appraisal
There is also a CERTIFICATE OF MORTGAGE APPRAISAL OF €8,636,737.13 (From the approved and accredited Company: Mortgage Appraisals SAU)
Its PVP is only €3,900,000.00
We understand that the project is very attractive and will generate great benefits. Also note that its price of €3.9 million (which includes a €200,000 commission) is very low if we take into account that the cadastral appraisal and the City Council appraisal is €8.9 million and its appraisal for mortgage purposes is 7 €1 million. Note also that its repercussion per square meter of roof is only €178, when the cadastral office has it valued at €1,088 per square meter and the market prices of similar or lower land exceed €1,000 in all cases.
The use of the land is: Hotel use such as HOTEL (eg 4-star hotel with 370 rooms), Motels, Apart-hotels, etc. In addition, there is confirmation from the City Council to allocate up to 49% of the land to any of the following uses:
Detailed, complementary and compatible uses are:
Use of Community Accommodation, such as RESIDENCE FOR THE ELDERLY, Children's Residence, Student Residence.
Use of Offices and Offices, such as Agencies, Real Estate, Banks...
Commercial Use such as Markets, Supermarkets, Stores, etc.
I use Medical Services, such as Hospitals, Clinics, Ambulatories, etc.
Hospitality use, such as Cafeteria, Bars, Restaurants, Discotheques, Casinos, etc.
Industrial Use: Transformation of raw or semi-finished materials.
Educational use, such as School Centers, Nurseries, Universities, etc.
Recreational and Cultural Use such as Shows, Cinemas, Libraries, Museums etc.
That is, it is possible to allocate the entire land and its buildable area to two or more of the aforementioned uses (eg 1 Hotel + 1 Nursing Home)
It is possible to obtain a Works Permit by paying the amount of the guarantee of the construction works.
Simultaneous urbanization and construction.
