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Residential Plot For Sale In Torremolinos

€4,662,960

Andalusia, Spain

  • 1

    bedroom

  • 1

    bathroom

  • Land

    property type

  • 1 week ago

    listed

About this place

"Attention Investors! 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: 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. ‌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."

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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