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Ref: R5388187

Residential plot in Málaga

€650,000

Reduced from €799,000

Key facts

Built
537 m²
Plot
121 m²

The seller's description

Written by the listing agency. We check the facts before you view.

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

What it costs to buy this home

Estimated costs on top of the price

about €59,000

about 9% of the price

An estimate, not a quote. Your lawyer confirms the exact figure before you sign.

You pay Konrad nothing. We are paid by the seller's side.How buying in Spain works

Where it is

Málaga

The map shows the area. We share the exact address when we book your viewing.

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€650,000