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Undeveloped Land for sale in Torremolinos, Málaga

  • € 4,662,960
  • 10800 m2
  • 38858 m2

€ 4,662,960 Ref. 9368018

Properties
Ref. 9368018
Call
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
  • Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)
1/9

€ 4,662,960

Undeveloped Land for sale in Torremolinos, Málaga

  • 10800 m2
  • 38858 m2

Description

Urban Land Investment Opportunity in the Sierra de Torremolinos
Strategic Location
This land is located in the Sierra de Torremolinos, adjacent to the El Pinar and Las Velas urbanizations. It is close to the highway, the Conference Center, and the upcoming largest shopping and entertainment center in Andalusia. Additionally, the land borders the future largest golf course in Málaga, which has already obtained final approval.

Land Characteristics
Total Area of the Partial Plan: 54,055 m2.
Classification: Urban Residential compatible with other uses.
Type of Land: Programmed Developable Land (SUP) – SUP R. 2-4.
Gross Buildability: 0.20 m2/m2.
Building Density: 15 homes per hectare.
Applicable Ordinance: UAS-2 – Minimum plot of 400 m2.
Compensation System: Compensation.
Number of Buildable Homes in the Sector: 81 homes.
Altitude: The highest point of the land has an altitude of 97.94 meters above sea level, and the lowest point is at an altitude of 59 meters.

Additional Information Available
Planning Sheet: Approved by the Torremolinos City Council.
Bases and Statutes of the Compensation Board: Approved and published in the Official Gazette of the Province.
Sector Report and Description: Technical and specific details about the URO2 sector.

Highlighted Features
Panoramic Views: The land offers impressive views of the sea, the city of Málaga, and the Sierra.
Major Adjacent Projects: Adjacent to the future largest golf course in Málaga and approximately 1 km from the advanced project for the construction of the largest shopping and entertainment center in southern Spain.

Purchase Options
Majority Partial Purchase:

Plots: Purchase of the majority owner's plot (22,540 m2) and Shelley's plot (16,318 m2), totaling 38,858 m2.
Percentage: Represents 71.90% of the total sector.
Price: 120 € per square meter, totaling 4.662.960 €, negotiable depending on the payment method.
Total Purchase:

Plots: Purchase of all plots except one with an existing house and another smaller than 400 m2.
Price: 6.300.000 €, also negotiable.

Conclusion
This is an excellent opportunity for investors looking to acquire urban land in a developing area with great appreciation prospects.

Location

Torremolinos, Málaga Location provided by the Advertiser

Features

  • Undeveloped Land
  • Build Size: 10800 m2
  • Plot: 38858 m2
  • Sea View
  • Energy Certificate (Consumption): G
  • Energy Certificate (Emissions): G

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Mortgage calculator

€
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€ 14,808 per month*

+ € 328,107 taxes (€ 326,407) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.
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+34 851 813 107

Ref. 9368018

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  1. Spain
  2. Andalucia
  3. Málaga
  4. Costa del Sol
  5. Torremolinos
  6. Undeveloped Land for sale in Torremolinos - € 4,662,960 (Ref: 9368018)