**Reduced by €365,000 from €1,350,000 to €985,000**
An exceptional opportunity to acquire 2,400m² of land in the elevated residential area of Montemayor, Benahavís, offering investors and developers the flexibility to **build immediately or secure the land as a strategic long-term investment.**
At the newly reduced asking price, the entire holding is available for approximately **€410/m²**, comprising three separately registered plots of 800m² each.
BUILD NOW OR INVEST FOR THE FUTURE
Position yourself ahead of the market with this rare opportunity to acquire 2,400m² of land within an approved residential development in the sought-after elevated area of Montemayor, Benahavís.
**Importantly, the Town Hall of Benahavís has confirmed that construction can commence now**, providing buyers with two attractive options: proceed with the development of luxury villas or secure the plots as a strategic land bank investment for future appreciation.
Unlike speculative land purchases, this opportunity benefits from an approved wider development framework, together with confirmation from the Town Hall regarding the possibility of building immediately, subject to the relevant individual building licences and requirements.
The land is divided into **three independently registered plots of approximately 800m² each**, with the potential for luxury single-family villas constructed over three levels.
Enjoying an elevated position with panoramic open views, the plots offer excellent potential for private buyers, developers and investors seeking flexibility in one of the Costa del Sol's established luxury residential areas.
Whether the intention is to develop immediately, construct in phases, resell individual plots or simply hold the land for future capital appreciation, this opportunity offers considerable versatility at a newly reduced price.
Key Investment Highlights
- **NEW PRICE: €985,000 – reduced from €1,350,000**
- Significant €365,000 price reduction
- 2,400m² total land area
- Three separately registered 800m² plots
- Approximately €410/m²
- **Town Hall confirmation that building can proceed now**
- Option to develop immediately or land bank for the future
- Potential for three luxury single-family villas
- Construction potential across three levels
- Elevated location with panoramic views
- Approved wider residential development framework
- Suitable for developers, private investors and strategic land buyers
- Flexibility for phased development, resale or long-term investment
TWO OPPORTUNITIES – ONE EXCEPTIONAL INVESTMENT
Photography
The Plot in Pictures
Features & amenities
Every Detail
11 features of this plot
Sea views
Golf nearby
Setting2
Close To Golf
Urbanisation
Orientation1
South Facing
Views6
Sea Views
Mountain Views
Golf Views
Panoramic Views
Lake Views
Street Views
Category2
Investment
Reduced
Price & running costs
The Numbers
Asking price€985,000
Previously
€1,350,000
Annual running costs available on request.
Estimated buying costs≈ €90,719
Transfer tax (ITP)7%
€68,950
Notary & land registryapprox.
€9,850
Legal fees≈1% + VAT
€11,919
Total, approx.9.2% of the price
€1,075,719
A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs
The Details
Type
Plot · Residential Plot
Reference
R5026111
Location
Benahavís
Status
Available
As provided by the listing agent. We verify every figure before you commit.
Location
Benahavís
Costa Del Sol
Drive times · approx.
The beach
15 min
Nearest golfLa Zagaleta
4 min
Puerto Banús
14 min
Marbella old town
20 min
Málaga airport
50 min
Gibraltar airport
50 min
Approximate location in Benahavís. We share the exact address on enquiry.
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