Residential Plot in Benahavís
Benahavís
- Price
- €985,000
- Bedrooms
- 0
- Bathrooms
- 0
- Plot Size
- 2400 m²
- Location
- Benahavís
- Ref
- R5026111
Photos
MAJOR PRICE REDUCTION — NOW €985,000
**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
Purchase Costs Calculator (Resale (Pre-Owned))
- ITP (Transfer Tax) (7%): €68,950
- Notary Fees: €1,200
- Land Registry Fees: €1,000
- Lawyer Fees (1% + 21% VAT): €11,919
- Estimated Total Costs: €83,069, 8.4% of purchase price
These are estimates based on standard rates. Actual costs may vary depending on your specific circumstances, property details, and applicable exemptions. We recommend consulting with a qualified lawyer for a precise breakdown.
About the Area: Benahavis
A charming mountain village renowned for its exceptional restaurants. It holds more dining accolades per capita than almost anywhere in Andalucía. Benahavis also encompasses prestigious golf urbanisations like La Quinta, Los Arqueros, and El Madroñal, offering villa living with panoramic valley and sea views. Its combination of rustic village character, gourmet culture, and proximity to the coast makes it uniquely appealing to discerning buyers.
- Mountain Views
- Gated Communities
- Gastronomy
- Nature
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