IT is one of the coast’s most desirable properties.

And now Marbella Town Hall is to become the proud owner of the La Caridad estate, in San Pedro, after former planning svengali Juan Antonio Roca agreed to hand it over as part of a €30.1 million settlement.

The €3.6 million mansion is one of eight properties being handed to his former employers, along with €600,000 in cash in the Saqueo 1 case, an offshoot of the ongoing Malaya case.

The money will go toward repaying Marbella’s €300 million debt.

Roca is still awaiting sentencing.