Torremolinos, Andalusia, Spain
Urban Development Plot with Sea Views in Torremolinos
€4,662,960
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 31 Aug 2026
- Listed
The Habio take
This significant residential plot in Sierra de Torremolinos offers a prime urban development opportunity, including panoramic views of the Mediterranean Sea. Its strategic location near major projects, including the largest shopping centre in Andalusia and a new golf course, promises excellent investment potential.
- investment
- golf
- city
- land
- new build
Highlights
- 54,055 m² of residentially zoned land
- Potential for 81 buildable homes
- Adjacent to major projects (shopping centre, golf course)
- Panoramic views of the sea and Málaga
- Approved planning by local authorities
Worth knowing
- Urban development may involve planning hurdles
- Potential for construction delays
Good fit for: Ideal for investors looking for lucrative land development opportunities in a growing area.
Lifestyle scores
- Beach
- 75
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 60
- Airport access
- 80
- Investment
- 85
- Luxury
- 80
- Value
- 70
About this place
This urban land investment in Sierra de Torremolinos spans a total area of 54,055 m² and is classified as urban residential with the capability for other uses. It is programmed as developable land (SUP), indicating a gross buildability of 0.20 m²/m² and a building density of 15 homes per hectare, allowing for a potential of 81 residential units.
Situated adjacent to the El Pinar and Las Velas urbanisations, this land enjoys convenient access to the highway and is located near a proposed major shopping and entertainment centre and the future largest golf course in Málaga. The plot's elevations range from 59 to 97.94 metres above sea level, providing breathtaking views of the coastline and surrounding mountains.
The planning sheet for this land has been approved by the Torremolinos City Council, along with relevant compensation board statutes published in the Official Gazette of the Province. Investors can consider either a majority partial purchase of the plots or a total purchase option excluding certain smaller plots.
Where you’ll be
Torremolinos, 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
