Unique investment opportunity with 5250m2 plot in prestigious area of Elviria

The house is located on a large 5,250 m² mostly flat plot in the exclusive and highly sought-after area of Elviria, offering direct and open sea views. This presents a great investment opportunity, as the plot offers the potential to build three to four independent villas. Currently, the property itself occupies the total of 690 m². The permitted buildability in this area is 20%, with a minimum plot size of 1000 m² per villa. The actual house enjoys lovely sea views from the first-floor terrace, while a new construction could offer panoramic views from a rooftop. Inside, the single-storey villa features six bedrooms and five bathrooms and gym - the property is out dated and requires renovations. What makes the plot extremely attractive - is the possibility to segregate 5250m plot into four and build 4 independent villas. Three of the villas would guarantee direct views towards the sea - adding to the appeal of this exclusive investment in prestigious location. Conveniently located just 1 km from the commercial centre of Elviria, residents have easy access to numerous amenities and only a short 15-minute drive to Marbella centre. This property perfectly combines privacy, prime location, excellent development potential, and stunning views — making it a superb opportunity for both residential living and investment.