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Málaga · R5388187

Residential Plot in Málaga

€650,000Residential Plot
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0Bedrooms0Bathrooms537 m²Built area0 m²Terrace
A CLOSER LOOK

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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.

Property features

  • Setting - Town
  • Setting - Close To Shops
  • Setting - Close To Schools
  • Category - Investment

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

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Mortgage type

One interest rate for the whole term.

Estimated monthly payment€2,158 / month
Loan amount
€455,000
Total interest
€192,298
Total repayments
€647,298

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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