Residential Plot for sale in Nagüeles Ref: X-VUW-A28

The plot is located in Avda Buchinger (Nagueles), just below "Altos Reales" and next to "Sierra Blanca" (both exclusive luxury residential areas). Excellent location only 5 min. by car from the Golden Mile and Marbella town. The plot, which enjoys beautiful sea views, consists of 8.596 square meters. Its urban qualification in the General Plan of 1986 is urban not consolidated soil. Its classification is EU-5, i.e. you can build houses on a plot of a minimum area of 2,000 m/2. Its volume is 0,275 m/2 m/2. Approximately 550 meters of ceiling above ground. Also has compatible use so it is susceptible to dedicate this soil to offices, hotel, shopping, etc.

Being of a non-consolidated soil, the necessary urban management is in process in order to obtain its consolidation. For that purpose a "Compensation Board" was made up by all the owners of the estate's performance NG-39 (PA-NG-39) in order to open an inner road in this polygon, carry out cessions of green spaces to the City Council and urbanize it. Attached is aTopographic map of the polygon which was carried out by CAI Engineering Office (Luis Cepedano) who are responsible for the technical work . This topographic plan was approved by all the neighbours, being this plot number 7.

Current situation of Compensation Board: the first document that was presented in the Study of Detail, of which there is already a favorable report of urban planning technicians, is currently pending of the report of Legal Advisors to be able to pass it to the Government Board for them to approve it , which is expected to take place during the month of May. Once approved it is passed to different ministries of the Government of Andalusia for them to report (roads, livestock trails, etc) and return it to the City Council for final approval. This first document should be approved within this year.

Subsequently the project of land subdivision and urbanization will have to be presented. The subdivision has already being approved by the Compensation Board, leaving to the City Council the only task of checking if the proposed plots comply with planning regulations, thus ratifying the proposal of the Board. The corresponding Plots are a total of 3 plots with an area of 6,000 m/2. With the slow pace of administrations and if everything goes normal the Compensation Board should be completed during the next year 2019.