description

Sector UE-S13. Fuengirola-Mijas road km 6. Owner of Finca El Ciprés.- 18,100.00 m2 with a 326.50 m2 closed construction farmhouse plus 124.60 m2 of terraces, swimming pool, etc.… Unconsolidated Urban Land Owner FP.- Plot of 2,900.00 m2. Unconsolidated Urban Land. Owner FB. Plot of 8,895.00 m2 Hotel Zone. The entire Sector where the three farms are located borders the main Fuengirola-Mijas road. National Highway A387, only 1.5 km from Mijas Pueblo and the city center. Finca el Ciprés and Finca FP make a total of 21,000.00 m2, these two farms are sold together for €1,380,000. On this plot, green areas must be left, road access within the urbanization, a part of forestry, etc., and it is permitted to build today, as it is urban land, 12 houses of 276.00 m2 of closed construction each on two floors. All construction below ground level does not count in the construction volume, and due to the unevenness of the land in some houses an additional floor can be built. Plot FB 8,895.00 m2., the construction of a hotel is permitted, the closed construction of the hotel permitted is 2,177.00 m2 of roof plus terraces, swimming pools, etc…. All construction below ground level does not count in the construction volume, a large hotel can be built. The 21,000.00 m2 plot of villas and the 8,895.00 m2 plot of the hotel can be purchased separately What is the necessary documentation that must be submitted to the Mijas Town Hall to begin the construction of the houses? A Development Project by an architect and a Compensation Board for the division of the land must be submitted to the Mijas Town Hall. Finca El Ciprés is sold together with the FP and the FB estate is also for sale. Anyone who buys the land for the construction of houses, or the hotel land, can start doing all the documentation for the development of the total or partial project and no owner can oppose the development of the same. Once the Development Project and the Compensation Board for the entire Sector are started, no one can oppose it. What happens if an owner does not have the money to pay the costs of the urbanisation project, the execution of the works and the compensation board? That owner will have to pay by ceding in a public deed and before a notary, a part of the m2 of his land with the square metres of construction that belongs to the person or company that does all the documentation requested by the Town Hall and executes the works. No owner can stop the execution of the project and the urbanisation, which will be executed in accordance with the technical office of the Town Hall and according to the plans that are presented and that will be drawn up by an architect. The hotel project is more of an investment and a long-term project. Normally on the Coast many hotels have been built in which the owner of the land has made the hotel project, but does not have the money to build it, he is only the owner of the land. With that hotel project he has contacted solvent national and international companies such as Holiday Inn, etc. These companies make a contract to operate the hotel for a period of 15 or 20 years. With the project and the rental contract, the bank is interested in financing the hotel, which is how many hotels have been built on the coast. You can buy only the land for the construction of the villas without having to buy the land for the hotel, but the urbanization has to be done for all of the UE-S13 sector and the method of payment of the proportional part of the hotel. If you do not have money to pay your proportional part of the infrastructure and other expenses, you will be forced to pay the person or company that executes the project, the infrastructure works and necessary documentation with land and m2 of construction of your land. I already presented the urbanization project and the compensation board to the Mijas Town Hall once, but I did not continue with the execution of the urbanization work because I am quite old and I do not have any family members who would like to continue. On the 18,100.00 m2 plot there is a 326.00 m2 house with a closed construction with 124.00 m2 of terraces, swimming pool, gardens, the house was renovated and is fully furnished with all services, with an entrance hall, living room, separate dining room. both with fireplace, three bedrooms, 2 bathrooms and a toilet, fully furnished kitchen, with pantry room, views of the sea, Fuengirola, Mijas and mountains. In a semi-basement floor there are two bedrooms, and a shower. This house is included at “0” cost in the purchase of the land.