The developer Neinor Homes has presented the re-parceling project for the second phase of the Río Real Golf development in Marbella, which includes 428 homes, a commercial area, and extensive public spaces across 47 hectares.
The second phase of the Río Real Golf development in Marbella is progressing in its processing. The developer Neinor Homes has presented the re-parceling project, which has received approval from the Local Government Board and is now available for public exhibition. This was reported by Diario Sur.
The area, covering 472,591.35 square meters, is located on both sides of the AP-7 motorway. Within this space, 428 homes will be built, of which 41 will be single-family homes, while the rest will be distributed in apartment blocks across six plots, one of which has the capacity for 152 units. The total buildable area reaches 68,538.82 square meters.
The development allocates 2,493.29 square meters for commercial use and dedicates nearly 46.5% of the land to residential promotion. The mandatory contributions to the City Council total 250,325.29 square meters, which include plots for facilities, green spaces, and infrastructure.
Among the planned public spaces are a plot of 3,160.22 square meters for a water reservoir to be ceded to the municipality, one of over 6,000 square meters for school use, a sports facility of more than 3,000 square meters, and another social facility on a plot of 1,416.26 square meters. The green areas will cover 19.77 hectares, accounting for 79% of the public use land, while the road network will take up another 3.89 hectares.
The operation has a significant economic dimension. The urbanization costs amount to 22.15 million euros, and the payment to the City Council for 10% of the urban use, increased by the additional buildability allowed by the regulations of the Law for the Promotion of Sustainability of the Territory of Andalusia (LISTA), reaches 12.49 million euros.
The project excludes part of the Altamira residential complex, covering 4,421.65 square meters, as it is considered to form an architectural and functional unit. The exclusion has the consent of those affected and does not reduce the percentage of use that corresponds to the municipality.
Neinor Homes, which controls 96.83% of Aedas Homes after its second takeover bid, plans to start construction this year on 17 developments with 1,627 homes, making it the largest residential developer in the country.
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