Urban & Commercial Plot in a Strategic Location – New Golden Mile, Cancelada, Estepona

Exceptional investment opportunity to acquire an urban plot in one of the Costa del Sol’s fastest-growing and most high-profile areas: the New Golden Mile, in Cancelada, Estepona. This property boasts a prime location adjacent to the N-340 highway toward Estepona, offering magnificent visibility and effortless access.
The plot features a coveted corner position with triple-street access—a highly valued characteristic for both residential and commercial projects, allowing for greater architectural versatility and space optimization.
Zoning and Development Potential:
• Primary Use: Residential (Single-family housing), making it an outstanding choice for development in a high-demand area.
• Complementary Uses: Educational, cultural, and sports facilities.
• Compatible Uses: Hotel, office, retail, and hospitality, offering a wide range of possibilities for investors and developers.
• Maximum Buildability: 2.04 m²t/m²s, allowing for a high-potential project in a consolidated and expanding area.
Prime Location: The location is one of its greatest assets. The plot is just a 5-minute walk from the beach, a 5-minute drive from Estepona’s town center, and approximately 10 minutes from Marbella. It is strategically positioned between two of the most prestigious destinations on the Costa del Sol.
The surrounding area is fully serviced with everything needed for daily life, including major supermarkets, pharmacies, restaurants, gyms, and public transport, further enhancing the value and convenience of the site.
In summary, this is a premier opportunity to develop a residential or commercial project in a high-growth area, combining an unbeatable location, excellent accessibility, and versatile urban planning possibilities.