Río Real Golf
An 18-hole, par-72 course designed by Javier Arana and opened in 1965. A long-established golf address that follows the river towards the Mediterranean.
Explore Río Real ↗MARBELLA ESTE · COSTA DEL SOL
El Realejo
A Mediterranean perspective.
An opportunity to shape a new residential address between Río Real and Santa Clara golf. Land, landscape and the possibility of 104 homes.
Parcel S1-RL6 · Subject to final planning approval
SELLER-PROVIDED AERIAL · INDICATIVE LOCATION · GOOGLE EARTH
27,132 m²LAND FOR SALE · ROUNDED
10,853 m²tBUILDABLE FLOOR AREA · ROUNDED
104POTENTIAL APARTMENTS
€35MASKING PRICE + 3% BUYER FEE
01 / The opportunity
Space for a
new address.
A substantial residential land holding in one of Marbella’s established golf and coastal settings.
El Realejo brings together a 27,132 m² site, a proposed apartment-led programme and a setting between two golf courses. The seller reports good sea views; orientation and view corridors should be confirmed through a technical site review.
01An established setting
Río Real and Santa Clara golf, the Los Monteros coastal area and the amenities of Marbella East.
02Scale for a considered scheme
104 potential apartments across ground floor plus three upper floors, under the supplied planning parameters.
03A planning-led opportunity
Initial approval is documented. Final planning approval and subsequent development requirements remain outstanding verification items.
02 / The location
Between golf
and the sea.
Marbella East. A residential landscape shaped by fairways, Mediterranean coastline and established hospitality.
The supplied location pin is on Carril del General, Marbella. The A-7 coastal corridor connects the wider area, while Marbella’s town centre, beaches and services form the surrounding lifestyle offer.
Open the supplied location in Google Maps ↗
Santa Clara Golf
An 18-hole, par-71 course designed by Enrique Canales, with coastal and mountain views. The surrounding residential area includes projects by major Spanish developers.
Explore Santa Clara ↗Los Monteros
A coastal neighbourhood with beach access in the wider area and the Kimpton Los Monteros hotel, whose offer includes dining, wellness, tennis and padel.
Explore the hotel ↗03 / The parcel
The detail behind
the possibility.
Parcel S1-RL6 within the seller-referenced El Realejo SUS-RR-2 planning area. The supplied detailed schedule gives 27,132.74 m² of land and 10,853.10 m²t of buildable floor area.
Planning graphics from the supplied brochure, not an approved architectural project. All parameters are subject to the approved documentation.
| Parcel | S1-RL6 |
|---|---|
| Land area · detailed schedule | 27,132.74 m² |
| Buildability ratio | 0.40 m²t/m²s |
| Buildable floor area | 10,853.10 m²t |
| Potential homes | 104 |
| Typology | Multi-family apartment blocks |
| Maximum height | Ground + 3 upper floors |
| Ordinance · supplied schedule | B-8 |
| Maximum site coverage | 40% |
Commercially described by the seller as “urban land”. Confirm the current legal classification and parcel-specific rights through an up-to-date municipal planning certificate.
04 / Planning pathway
Progress, with
clear milestones.
Initial approval
The official BOJA notice records conditional initial approval on 28 December 2023 and fulfilment of conditions on 26 July 2024, followed by public consultation.
Read the official notice ↗Acceleration initiative
The seller reports a favourable municipal report supporting inclusion in the regional Project Accelerator. Admission to the scheme has not been independently verified for this site.
Target final approval
The seller anticipates final approval in the second quarter of 2027. This is an indicative timetable, subject to the administrative process; it is not a confirmed approval date.
Final planning approval and a building licence have not been evidenced in the reviewed materials. Buyers should verify planning, land management, infrastructure obligations and licensing before acquisition.
05 / Neighbouring developments
A wider residential
story is taking shape.
Established developers are active across Santa Clara and Los Monteros. These projects illustrate the surrounding product landscape; they are independent developments and are not part of the El Realejo offer.
Soul Marbella
A multi-phase residential development around Santa Clara. The developer lists Sunlife III under construction and earlier phases sold out.
Sunlife III from €950,000
Developer asking price · checked October 2026
View developer information ↗Santa Clara Homes
104 three- and four-bedroom homes in a gated golf-front community. The developer advertises turnkey homes and the last available units.
From €1,250,000
Developer asking price · checked October 2026
View developer information ↗Medblue 4
A new phase announced in June 2026 in upper Los Monteros, comprising apartments and duplex penthouses across three blocks.
59 planned homes
Two and three bedrooms · developer announcement
Read the project announcement ↗Prices and availability may change. Finished-home asking prices are not achieved sales or direct land comparables and do not establish the future value of this parcel.
The Marbella
market context
Panorama’s 2026 market report describes Marbella as an established international residential and resort destination. For El Realejo, the relevant next step is a scheme-specific appraisal: unit mix, saleable areas, absorption, infrastructure and the full development budget. The location supports a positioning story; returns require detailed underwriting.
06 / Acquisition terms
The opportunity,
in figures.
€35,000,000
Asking price for the land. A 3% sales management fee is payable by the buyer.
Request further information ↗| Land price per buildable m² | €3,225 / m²t |
|---|---|
| Land price per potential home | €336,538 |
| Buyer fee · 3% | €1,050,000 |
| Price + buyer fee | €36,050,000 |
| Price + fee per buildable m² | €3,322 / m²t |
Rounded calculations using 10,853.10 m²t and 104 potential homes. The subtotal excludes transaction taxes, any tax on fees, legal and technical costs, urbanisation, construction, financing and marketing. Buildable area is not net saleable area.
07 / Start a conversation
Explore what
comes next.
Discuss the parcel, request the available planning material or arrange a technical site visit with Smart Residence.
Vincent / SMART RESIDENCE
Documents, sources & further reading
Parcel figures and commercial terms are supplied by the seller and the attached El Realejo brochure. The sources below support the area and planning context. Research date: 11 October 2026.
Buyer review & important information
Obtain current land registry and cadastral records, title and charges, a parcel-specific planning certificate, the final planning and land-management position, infrastructure liabilities and licensing requirements. Reconcile the seller reference SUS-RR-2 with the municipal file. Figures, boundaries, sea views and timing require verification. No architectural design, final approval, licence, sales forecast or investment return is guaranteed. Information is subject to verification and contract.