Villa for sale in El Peñoncillo, Torrox €318.000

Developable Land with Project and Work in Progress, approximately 1 kilometer from the beach. Developable land with great potential for sale, currently with 40% of construction executed (3 floors out of 5 possible). Key features: Plot of 200 m2 Possibility of total construction of up to 600 m2 (computable and non-computable meters) Projected building of 5 floors (3 already built) Great development potential: Possibility to design 2 independent apartments Space for basement Duplex house on upper floors Ideal as a holiday investment or small tourist resort Legal and technical situation: Project and license in force Fully paid urbanization Everything up to date administratively Supplies: Water and electricity connections already available Location and orientation: Southwest orientation Stunning panoramic sea views Current status: Sold in its current state of construction