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Exceptional investment opportunity nestled in the highly sought-after Montemar area, just a stone's throw from the renowned Puerto Marina in Benalmádena! This prime plot of land is perfectly suited for the development of a multi-story building, with permission granted to construct up to three floors above ground level. Strategically positioned at the intersection of Benalmádena and Torremolinos, this property is a mere 500 meters from the iconic marina and stunning beaches, setting the stage for a lucrative real estate venture. This tranquil residential neighborhood offers both serenity and convenience, with supermarkets, entertainment venues, public transport, and schools in close proximity, underscoring its potential for growth and accessibility. The offering includes two contiguous parcels, one extending 1,610m2 and the other nearly 500m2, totaling around 2,000m2 ready for development. Presently, the land houses several structures, including a residence, offices, a swimming pool, and parking facilities for up to 20 vehicles. These existing buildings will need to be demolished at the buyer's expense, allowing for a flexible design tailored to the specific needs of the project. Moreover, a preliminary blueprint is available for the construction of 17 residential units, which would be enhanced by amenities such as a communal pool, garages, and storage spaces, creating a comprehensive and appealing package for future buyers and investors. The asking price for this remarkable property is open to negotiation. For further details regarding this exciting real estate opportunity, please reach out. Seize this chance to invest in one of the most desirable locations along the Costa del Sol! In accordance with the Junta de Andalucía Decree 218-2005 dated October 11, prospective buyers are advised that notary fees, registration costs, and I.T.P. taxes are not included in the sale price. As a consumer, you are entitled to receive and be informed about the relevant documentation as mandated by Decree 218/05, which governs consumer information regulations in real estate transactions in Andalusia.