Residential Plot in Málaga

€650,000

  • 537m² Built
  • 121m² Plot

Property Overview

OPPORTUNITY FOR DEVELOPERS & INVESTORS – PRIME DEVELOPMENT PLOT WITH BUILDING LICENSE GRANTED IN MÁLAGA CITY CENTER

Exclusive investment opportunity in Lagunillas, one of the fastest-transforming and most promising areas within Málaga's Historic Center.

Urban plot of 121 m² offered with an approved basic project for the construction of 6 residential units and 6 storage rooms, already benefiting from a granted building license, fully paid urban planning fees, and completed archaeological study with no findings, significantly reducing development times, costs, and urban planning uncertainty.

The project includes a total built area of 537.53 m² distributed across basement, ground floor, and three upper floors.

One of the key advantages of this investment is the flexibility of the project, which can be modified and adapted to suit the buyer's needs, allowing optimization of layouts, unit typologies, and investment strategy.

Main Features:
* Urban plot of 121 m²
* Project for 6 apartments + 6 storage rooms
* 537.53 m² built area
* Building license already granted
* Urban planning fees fully paid
* Possibility of license extension in accordance with current regulations
* Modifiable project
* Archaeological study completed with no incidents
* Next to renovated park areas and urban improvements
* Prime location in Málaga city center

Lagunillas is currently undergoing significant regeneration and appreciation, with increasing residential and investor demand, just a few minutes' walk from Málaga's Historic Center, Plaza de la Merced, and the city's main cultural and commercial areas.

Potential for residential development ‌and ‌possible ‌adaptation ‌for tourist ‌accommodation, subject to ‌current ‌urban planning regulations ‌and technical assessment.

Price: ‌€799,000

Further information and full ‌documentation ‌available for qualified ‌buyers ‌upon ‌proof ‌of ‌financial ‌solvency.

Features

  • Setting: Town, Close To Shops, Close To Schools.
  • Category: Investment.

Tell me more

  • Tell me more about Málaga
    Málaga is the capital city of the province of Málaga, Andalusia, Spain, located on the Costa del Sol. It is a vibrant port city with a rich history dating back millennia, evidenced by its Roman theatre, Moorish Alcazaba, and Gibralfaro Castle. Birthplace of Pablo Picasso, it boasts numerous museums, a bustling historic center, beautiful beaches, and a lively culinary scene. Málaga is a major economic and cultural hub in southern Spain, offering a dynamic blend of traditional Andalusian charm and modern urban life.
  • How far is this property from the nearest airport?
    Málaga is 10km from the nearest airport, approximately 15 minutes driving time.
  • What are the annual runing costs of this property?
    The annual running cost are €0 consisting of IBI €0 (Impuesto sobre Bienes Inmuebles' or Council Tax), Community Fees €0 and Garbage €0.
    * Based on current information; values are subject to revision.