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Property details
- Property ID: CDS01606
- Price: € 799,000
- Plot Size: 121m
- Built Size: 537m
- Terrace Size: N/A
- Property Type: Residential Plot
- Kitchen: N/A
- Pool: NO POOL
- Garden: NO GARDEN
- Parking: NO PARKING
- Security: N/A
Setting
- Town Close To Shops Close To Schools
Description
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.
Location
- Area: Costa del Sol
- Town: Málaga
About:
Málaga ( ; Spanish: [ˈmalaɣa] ) is a municipality of Spain and the capital of the province of Málaga, in the autonomous community of Andalusia.
With a population of 592,346 in 2024, it is the 2nd-largest city in Andalusia and the 6th-largest in the country.
It lies in Southern Iberia on the Costa del Sol ('Coast of the Sun') of the Mediterranean, primarily on the left bank of the Guadalhorce.
The urban core originally developed in the space between the Gibralfaro Hill and the Guadalmedina.
Málaga's history spans about 2,800 years, making it one of the oldest continuously inhabited cities in Western Europe.
According to most scholars, it was founded about 770 BC by the Phoenicians from Tyre as Malaka.
From the 6th century BC the city was under the hegemony of Ancient Carthage, and from 218 BC, it was under Roman rule, economically prospering owing to garum production.
In the 8th century, after a period of Visigothic and Byzantine rule, it was placed under Islamic rule.
In 1487, the Crown of Castile gained control in the midst of the Granada War.
In the 19th century, the city underwent a period of industrialisation followed by a decay in all socioeconomic parametres in the last third of the century.
The most important business sectors in Málaga are tourism, construction and technology services, but other sectors such as transportation and logistics are beginning to expand.
Málaga has consolidated as a tech hub, with companies mainly concentrated in the Málaga TechPark (Technology Park of Andalusia).
It hosts the headquarters of the region's largest bank, Unicaja, and it is the fourth-ranking city in Spain in terms of economic activity.
Regarding transportation, Málaga is served by the Málaga–Costa del Sol Airport and the Port of Málaga, and the city was connected to the high-speed railway network in 2007.