Residential Plot For Sale In Alora
€980,000
Andalusia, Spain
1
bedroom
1
bathroom
5 m²
plot
Land
property type
5 days ago
listed
About this place
INVESTMENT LAND FOR SALE – RESIDENTIAL DEVELOPMENT PROJECT IN ÁLORA In the charming and rapidly growing town of Álora, this well-located development plot is offered for sale, ideally suited for residential project development. Situated just 30 minutes from Málaga, and surrounded by nature and tranquility, the location offers the perfect balance between a peaceful living environment and excellent access to the city and coastline. The plot provides a total development capacity of 49 terraced houses (townhouses), distributed across several building zones. Thanks to favorable urban planning parameters and an efficient subdivision layout, this represents an excellent opportunity for developers seeking both scale and return. Key Features: Total plot area: 4,582.52 m² Total buildable area: 5,366.61 m² Total actual land area: 8,944.35 m² Number of units: 49 townhouses Building typology: Ground floor + 1 (B+1) Buildability ratio: up to 1.4860 m²t/m²s Parking: 31 parking spaces + 2 accessible (disabled) spaces Distribution per zone: 5 units – 641.57 m² 7 units – 884.25 m² 4 units – 505.20 m² 26 units – 2,397.34 m² 7 units – 938.25 m² Project Highlights: Strategic location close to Málaga with excellent connectivity Peaceful natural surroundings offering high living quality Ready for development in accordance with current planning regulations Efficient project scale for a mid-sized residential scheme Adequate parking infrastructure, including accessible spaces Ideal for family-oriented housing with strong lifestyle appeal This project combines efficient density with an attractive residential concept in a green setting, making it highly suitable for both sales and rental strategies. For further information, plans, or to discuss development potential, contact us
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


