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Istán · R5402110

Land in Istán

€899,000Land
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2Bedrooms2Bathrooms873 m²Built area12 m²Terrace
A CLOSER LOOK

Picture yourself here.

Exceptional Development Opportunity with Boutique Hotel Potential near Marbella

Hidden within the spectacular landscapes surrounding Lake Istán, this remarkable development opportunity combines privacy, breathtaking scenery and exceptional investment potential just minutes from Marbella and Puerto Banús.

The property occupies approximately 30,000 square metres of land and includes an existing structural shell of approximately 873 square metres. Originally conceived as a luxury private residence, the project offers outstanding flexibility for a new owner to redesign and complete it according to their own vision, subject to obtaining the necessary planning permissions and licences.

The elevated position enjoys uninterrupted views across the lake, mountains and the protected Sierra de las Nieves Natural Park, creating a setting rarely found so close to the Costa del Sol's most prestigious destinations. Despite its peaceful surroundings, Puerto Banús, Marbella, international schools, golf courses and the Mediterranean coastline are all within easy driving distance.

Beyond the creation of an exceptional private estate, the scale of the property and its privileged natural environment present an exciting opportunity to explore alternative concepts such as a boutique hotel, luxury wellness retreat, private members' residence or exclusive hospitality project, subject to ‌all ‌necessary ‌approvals.

Development ‌opportunities of ‌this ‌size ‌and ‌location ‌rarely ‌become available, making ‌this ‌a unique ‌acquisition for visionary investors ‌seeking to create ‌an ‌iconic ‌destination ‌in ‌southern ‌Spain.

Property features

  • Setting - Country
  • Setting - Close To Forest
  • Views - Mountain
  • Views - Garden
  • Views - Lake

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

Mortgage calculator

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€2,984 / month
Loan amount
€629,300
Total interest
€265,964
Total repayments
€895,264

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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