EDENOVO

Residential Plot in El Palo

Residential Plot in El Palo - Main Photo
1 / 13
EDN-10017
For Sale
Listed since Mar 20, 2026
3Bedrooms
1Bathrooms
—Built
—Views

Description

Discover the potential of this 199 m² urban plot located in the heart of El Palo, one of Málaga’s most authentic and vibrant coastal neighborhoods. This location offers a rare blend of traditional maritime charm and modern urban convenience, situated just a short stroll from the Mediterranean shores and the lively promenade. It is an exceptional canvas for those looking to create a bespoke residence or a high-yield project in a high-demand area.

The plot features a substantial 7.6-meter street frontage and is classified under the CTP (Low + 1) zoning regulation. This designation allows for the construction of a generous detached single-family villa, a boutique building containing up to three residential units, or even a specialized development of 7 to 8 tourist apartments designed for the lucrative short-term rental market.

With 199 m² of buildable land, the site offers flexibility for architectural creativity. Whether you envision a private garden, rooftop terraces with sea views, or a contemporary multi-unit structure, the urban classification provides a solid legal framework for development. Detailed architectural consultation is available to help maximize the footprint and volume of the future build.

El Palo is renowned for its excellent infrastructure, including prestigious schools, local markets, and a diverse culinary scene famous for its beachfront 'chiringuitos'. The property is perfectly connected to Málaga city center via efficient public transport and is within easy reach of the main highway, providing quick access to the international airport and the wider Costa del Sol.

Areas

Built:— m²Plot:199 m²

General

Type:Plot / Residential Plot
Region:El PaloArea/Town:El Palo
Asking Price

€ 797 900

Price per m²
—

Investment Potential

Rental yields are estimates based on local market data. Not guaranteed.

Purchase Cost Calculator

€ 797 900
€
Transfer Tax (ITP 7%)€ 68 790
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 7 979
Total Taxes & Fees€ 79 569
Total Purchase Cost€ 877 469

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 797 900
Down Payment20% (€ 159 580)
%
years
Loan Amount€ 638 320
Monthly Payment€ 3 195,58
Required Monthly Income€ 10 651,93 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

Location

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EDN-10017·EUR 797 900