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Costa del Sol, Málaga, Málaga
Residential Plot

Málaga Plot: Prime Development Opportunity in City Centre

Guide price
€650 000
Bedrooms
0
Bathrooms
0
Built
537 m²
Terrace
0 m²
Plot
121 m²
Ref
R5388187
Overview

Residential Plot · Costa del Sol in Málaga.

Discover an unparalleled investment opportunity in Málaga, a vibrant city on the distinguished Costa del Sol. This residential plot, nestled within the Historic Centre's dynamic Lagunillas area, represents a meticulously prepared canvas for upscale residential development. With a competitive asking price of EUR 650,000, this offering is tailored for discerning developers and investors seeking efficiency and prestige.

The 121 m2 urban plot arrives with a significant advantage: a granted building license for a project encompassing six residential units and six storage rooms. This forward planning significantly streamlines the development timeline, eliminating common bureaucratic hurdles and associated uncertainties. The comprehensive project outlines a total built area of 537.53 m2, thoughtfully distributed across a basement, ground floor, and three additional levels, promising a substantial return on investment.

Located mere moments from Málaga's cultural heart, including Plaza de la Merced and the city's key cultural and retail districts, this property benefits from an address poised for appreciation. Lagunillas itself is experiencing considerable regeneration, enhancing its appeal to both residents and investors. The flexibility of the approved project allows for adaptation to suit individual development strategies, ensuring optimal layouts and unit typologies.

Further enhancing its appeal, all urban planning fees have been fully settled, and an archaeological study yielded no findings, underscoring the readiness of this site. This rare combination of a prime city centre location, pre-approved plans, and a swift development path distinguishes this Málaga plot as an exceptional acquisition for those aiming to contribute to and profit from the city's blossoming urban landscape.

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