EDENOVO

Residential Plot in Málaga

Residential Plot in Málaga - Main Photo
1 / 7
EDN-24713
For Sale
Listed since May 21, 2026
—Bedrooms
—Bathrooms
537 m²Built
—Views

Description

An exceptional development opportunity awaits in the vibrant heart of Málaga, specifically in the trending Lagunillas district. This prime residential plot spans 121 m² and represents a rare chance to capitalize on the city's artistic and urban regeneration. Positioned just a short stroll from the iconic Plaza de la Merced and the historic city center, this site offers the perfect canvas for a boutique apartment project designed for the modern urban dweller or sophisticated traveler.

The technical groundwork has been meticulously prepared, featuring a project that encompasses a total built area of 537 m². The architectural vision includes a multi-level structure comprising a basement, ground floor, and three additional levels. This layout is optimized for six residential units and six storage rooms, ensuring maximum utility and market appeal. The flexibility of the current design allows a new owner to adapt the interior configurations to meet specific market demands or personal aesthetic preferences.

Efficiency is at the core of this offering, as the building license has already been granted and all urban planning fees are fully settled. Furthermore, the mandatory archaeological study has been successfully concluded with no findings, effectively eliminating the most common delays associated with construction in historic Málaga. This level of preparation provides a significant advantage in terms of time-to-market and financial predictability for any developer.

Located in an area defined by its colorful street art and proximity to cultural landmarks like the Picasso Museum and the Cervantes Theatre, the plot benefits from ongoing municipal improvements and park renovations. The surrounding infrastructure is robust, providing easy access to local transport, gourmet markets, and the Mediterranean coastline. This residential plot in Málaga is not just a piece of land, but a turnkey gateway into the most dynamic real estate market on the Costa del Sol.

About Málaga

Málaga is the largest city on the Costa del Sol, with a metropolitan area of 1.1 million residents.

Areas

Built:537 m²Plot:121 m²

General

Type:Plot / Residential Plot
Region:MálagaArea/Town:Málaga

Setting

TownClose To ShopsClose To Schools
Asking Price

€ 650 000

Original Price
€ 799 000
Price per m²
€ 1 210 / m²

Investment Potential

Price per m²
€ 1 210 / m²

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

Purchase Cost Calculator

€ 650 000
€
Transfer Tax (ITP 7%)€ 54 500
Notary & Registry Fees (est.)€ 2 800
Legal Fees€ 6 500
Total Taxes & Fees€ 63 800
Total Purchase Cost€ 713 800

Costs are approximate. Please consult a legal advisor.

Mortgage Calculator

Property Price (€)€ 650 000
Down Payment20% (€ 130 000)
%
years
Loan Amount€ 520 000
Monthly Payment€ 2 603,24
Required Monthly Income€ 8 677,48 / mo

Based on 30% of gross monthly income

Calculations are indicative. Please consult a financial advisor.

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EDN-24713·EUR 650 000€ 1 210/m²