Residential Plot For Sale In Málaga
€390,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
About this place
**GREAT Opportunity** The one of the last plots of land for residential development in the center of Malaga. A very interesting option to realize an intimate residential development. The initial project was about 240 meters and four apartments including two duplexes. The Trinidad district, which proposes many historical points on the map and because of the planned "Plaza - Puentes" development on the Gudalmedina River, is on the list for an investment injection by the city of Málaga to raise its values in the next 5 years. Ideal time to invest with high ROI. A development with a low unit cost of construction implementation due to its simple design and low-rise buildings ia also with potential for rental business.
Buying property in Spain
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
