Residential Plot for sale in Torremolinos, Torremolinos

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 (INTU). 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 (BOP). 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. More information about this project can be found at the following link: INTU Shopping Center. 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: 7,401, 660 €, also negotiable. Conclusion This is an excellent opportunity for investors looking to acquire urban land in a developing area with great appreciation prospects. Don't miss this unique opportunity in the Sierra de Torremolinos. If you want to receive a complete dossier with all the information, do not hesitate to contact us.

Property Features

  • Setting

    Close To Shops

    Close To Town

    Close To Schools

  • Category

    Investment

  • Taxes & Fees

    Community Fees: €0 / monthly
    IBI Fees: €0 / annually (Municipal property tax)
    Basura Tax: €0 / annually (Garbage Collection Fee)

    For further details, please contact our office.

    Energy Certificate

    Highlights

    Reference
    C26482
    Price
    €4,662,960
    Location
    Torremolinos
    Area
    Málaga
    Property Type
    Residential Plot
    Bedrooms
    0
    Bathrooms
    0
    Plot Size
    38858 m2
    Built
    0 m2
    Terrace
    0 m2

    • Hidden

    This property description is prepared in good faith, but its accuracy isn't guaranteed and is subject to errors, omissions, or changes. It isn't part of any offer or contract. The owner may change the price or remove the property from the market at any time. The price does not include costs or taxes. For resales, buyers bear notary and registry fees plus 7% Transfer Tax (ITP) on the sales price or reference value, whichever is higher. For new builds, it's 10% VAT (IVA) and 1.2% Stamp Duty (AJD) on the higher of the sales price or reference value

    Approximate location