Prime coastal development land — southern Spain

A prime coastal development opportunity in southern Spain, offered by a private vendor at an undisclosed price that signals motivated and discreet disposition. Southern Spain's coastal development market has attracted sustained international institutional and private capital driven by strong underlying tourism metrics, a favourable planning environment relative to the Balearics and Portugal, and persistent undersupply of quality new-build residential product in the most desirable coastal corridors.

A coastal development opportunity of prime quality in this region represents a finite category of asset — genuinely first-line or proximate-to-beach development land with planning potential in southern Spain has become increasingly scarce as the existing coastal strip has been built out and environmental protection has extended the restrictions on new coastal development. The combination of location quality and vendor motivation creates an acquisition environment that would not exist in a normalised market.

Price guidance and location detail are disclosed under NDA to qualified development buyers. TBA can facilitate introduction to the vendor and provide context on the southern Spanish coastal development market.