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Málaga, Costa del Sol

Residential Plot for sale in Málaga, 537 m²

€650,000

€799,000 −19%

€1,210/m²

  • 537 m²Built
  • 121 m²Plot

Description of Residential Plot for sale in Málaga

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.

Residential Plot for sale in Málaga Features

Setting

  • Town
  • Close To Shops
  • Close To Schools

Buying and running costs of Residential Plot for sale in Málaga

To buy it

Asking price€650,000
Transfer tax (ITP, 7%)€45,500
Notary & land registry (approx.)€6,500
Lawyer (approx. 1% + VAT)€7,865
Estimated total€709,865

Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.

Price history of Residential Plot for sale in Málaga

DateChangePrice
24 Jun 2026 ▼ Reduced 18.7% €799,000 → €650,000

Price changes tracked daily by Discount Property Center across the Costa del Sol market.

Details of Residential Plot for sale in Málaga

Type
Residential Plot
Location
Málaga, Costa del Sol
Price
€650,000
Built size
537 m²
Plot
121 m²

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