Building Plot for sale in Coín, Málaga

A set of plots located on Coín Road corresponding to plots R1.1, R2.1, R2.2 and R2.3 is offered, with excellent potential for the development of multifamily residential units in one of the areas with the highest growth and demand in the surrounding area.

The strategic location of the sector, together with the advanced stage of urban planning processing, makes this development an especially attractive opportunity for developers and investors seeking to build a volume residential project with high sales potential and profitability.

Urban parameters:
- Plot area for R1.1, R2.1, R2.2 and R2.3: 5707 m2
- Maximum number of homes: 101 homes (PB + 3 typology)
- Residential buildable area: 13.206 m2t
- Commercial buildable area: 405 m2t

Urban planning status:
- Approved and registered reparcelling project in the Coín Land Registry.
- Urban development project submitted, with definitive approval by the City Council to begin the works. Updated PEM for 2026: €2,400,000. The plots being sold account for 50% of the urban development cost (€1,200,000).
- The other minority property owners have shown their agreement to take on their share and proceed with the start of the urban development works.

Economic conditions:
- Sales price of plots R1.1, R2.1, R2.2 and R2.3: €3,500,000.
- Estimated corresponding urban development cost: €1,200,000.

Indicative feasibility study:
Based on a feasibility study carried out considering an average selling price of €2,300/m2t—an competitive and reasonable value for the area—the project presents very attractive figures.
- Estimated revenue from sales: €30,000,000.
- Estimated total costs: €23,000,000.

The costs include land, urban development, construction, technical fees, licenses, marketing, and other expenses associated with the development.