Prime Development Plot in Santangelo Norte, Benalmádena
€4,000,000
- 1
- Bedroom
- 1
- Bathroom
- 6 m²
- Plot
- Land
- Type
- 3 Sept 2026
- Listed
The Habio take
This prime residential plot offers a substantial 6,000 m² of urbanized land for development in Benalmádena. Located in the promising Santangelo Norte area, it benefits from excellent connectivity and proximity to key amenities.
- investment
- new build
- commercial
- urban
- city
Highlights
- 6,000 m² prime urbanized land
- Potential for 54 apartments + commercial unit
- Strong market growth (15% in last 5 years)
- Direct access to A-7 motorway
- 15 minutes from Málaga International Airport
- Strategically located near key amenities
Good fit for: Ideal for developers and investors seeking a high-value project.
Lifestyle scores
- Beach
- 75
- Walkable
- 60
- Remote work
- 70
- Family
- 60
- Retirement
- 50
- Airport access
- 90
- Investment
- 80
- Luxury
- 70
- Value
- 65
About this place
This prime development land is situated in one of the most promising areas of the Costa del Sol, specifically in Santangelo Norte, Benalmádena. With a plot size of 6,000 m², this fully urbanized land presents an excellent opportunity for residential or commercial development, including an estimated potential for 54 apartments alongside a commercial unit.
The site boasts a building ratio of 0.9045 m²t/m²s, allowing for a buildable area of 5,427.24 m²t and a maximum occupancy of 70%. The plot is strategically positioned with direct access to the A-7 motorway and is just 15 minutes from Málaga International Airport, ensuring seamless connections to Málaga city, Marbella, and the broader Costa del Sol region.
Surrounding amenities include national and international schools, as well as private hospitals and clinics within a 10 km radius. Additionally, shopping centres, supermarkets, and restaurants are nearby, with beautiful beaches and leisure areas just minutes away. The area has recorded a market growth of approximately 15% over the last five years, highlighting its attractiveness for both developers and investors.
Where you’ll be
Benalmádena, Andalusia, Spain
Exact location is confirmed by the agent on enquiry.
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
