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Alora · R5353597

Residential Plot in Alora

€980,000Residential Plot
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0Bedrooms0Bathrooms0 m²Built area0 m²Terrace
A CLOSER LOOK

Picture yourself here.

INVESTMENT LAND FOR SALE – RESIDENTIAL DEVELOPMENT PROJECT IN ÁLORA

In the charming and rapidly growing town of Álora, this well-located development plot is offered for sale, ideally suited for residential project development.

Situated just 30 minutes from Málaga, and surrounded by nature and tranquility, the location offers the perfect balance between a peaceful living environment and excellent access to the city and coastline.

The plot provides a total development capacity of 49 terraced houses (townhouses), distributed across several building zones. Thanks to favorable urban planning parameters and an efficient subdivision layout, this represents an excellent opportunity for developers seeking both scale and return.

Key Features:

Total plot area: 4,582.52 m² Total buildable area: 5,366.61 m² Total actual land area: 8,944.35 m² Number of units: 49 townhouses Building typology: Ground floor + 1 (B+1) Buildability ratio: up to 1.4860 m²t/m²s Parking: 31 parking spaces + 2 accessible (disabled) spaces

Distribution per zone:

5 units – 641.57 m² 7 units – 884.25 m² 4 units – 505.20 m² 26 units – 2,397.34 m² 7 units – 938.25 m²

Project Highlights:

Strategic location close to Málaga with excellent connectivity Peaceful natural surroundings offering high living quality Ready for development in accordance with current planning regulations Efficient project scale for a mid-sized residential scheme Adequate parking infrastructure, including accessible spaces Ideal for family-oriented housing with strong lifestyle appeal This project combines efficient density ‌with ‌an ‌attractive ‌residential concept ‌in ‌a ‌green ‌setting, ‌making ‌it highly suitable ‌for ‌both sales ‌and rental strategies.

For further ‌information, plans, or ‌to ‌discuss ‌development ‌potential, ‌contact ‌us

Property features

  • Setting - Town
  • Setting - Mountain Pueblo
  • Setting - Close To Shops
  • Setting - Close To Town
  • Setting - Close To Schools
  • Setting - Urbanisation
  • Orientation - East
  • Orientation - West
  • Condition - Excellent
  • Views - Mountain
  • Views - Country
  • Views - Panoramic
  • Views - Urban
  • Parking - Street
  • Parking - More Than One
  • Parking - Communal
  • Category - Investment
  • Category - Off Plan

Details, measurements, price and availability are subject to confirmation. Ask our team to arrange a viewing and check anything important to your purchase.

Mortgage calculator

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€3,253 / month
Loan amount
€686,000
Total interest
€289,927
Total repayments
€975,927

The starting figures are examples, not current mortgage offers or an indication of the deposit a lender will accept.

Repayments include capital and interest. For variable and mixed examples, future payments and totals assume unchanged Euríbor; they are not forecasts. Taxes, legal costs, lender fees and insurance are excluded. Not a mortgage offer or financial advice.

About these examples

Fixed starts at an illustrative 3.00%. Variable starts at 2.00% for one year, then Euríbor + 0.65%. Mixed starts at 2.70% for four years, then Euríbor + 0.65%. All rates can be changed.

Reference checked 5 November 2026: October 12-month Euríbor 3.239%. These are editable examples, not live bank quotes. Residency, property use and linked products affect actual offers.

Official Euríbor reference · Santander · Openbank · Pibank

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