Prime Urban Land Development Opportunity in Vélez-Málaga
€3,900,000
Vélez-Málaga, Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
1 week ago
listed
The Habio take
AI summaryThis expansive urban land of 16,295 sqm offers buildability of 21,632 sqm, presenting an exceptional investment opportunity near Baviera Golf Course. Located just 500 metres from the renowned Caleta de Vélez marina and beaches, it boasts a strategic position on the Costa del Sol.
- coastal
- investment
- new build
- golf
- beach
Highlights
- Large buildable area of 21,632 sqm
- Strategic location near Baviera Golf Course
- Proximity to Caleta de Vélez marina and beaches
- Versatile development options approved by the municipality
- Opportunity for significant return on investment
Worth knowing
- Pending urban load costs to be managed
- Completion of urbanization required before immediate use
Good fit for: This property suits investors looking to develop in a prime coastal area with diverse opportunities.
Lifestyle scores
- Beach
- 90
- Walkable
- 50
- Remote work
- 60
- Family
- 70
- Retirement
- 75
- Airport access
- 80
- Investment
- 85
- Luxury
- 70
- Value
- 65
About this place
Available for sale is a significant plot of urban land located in the desirable Baviera Golf Playa area of Vélez-Málaga. This 16,295 sqm lot offers impressive buildability of 21,632 sqm, making it ideal for various developments including hotels, residential projects, and commercial uses. The property is well-positioned, just 500 metres from the picturesque Caleta de Vélez with its popular marina and magnificent beaches.
The land’s sale price is competitively set at €3,900,000, reflecting a unique opportunity with a potential considerable increase in value. A Mortgage Appraisal Certificate from Tasaçión Hipotecarias S.A.U. values the land at €8,636,737, further indicating its market potential. With municipal confirmation allowing up to 49% of the land to be used for purposes ranging from elderly residences to educational facilities, the possibilities for development are extensive.
Urbanization of the plot is projected to be completed in 12-18 months, offering timely entry into the market. Since the neighboring sector, Vía Célere, has successfully sold 80% of its planned residences, this land benefits from an established demand in the area. The sale includes pending urban charges, with costs already contributed exceeding €1,200,000. Therefore, with thoughtful planning and development, this land represents a lucrative investment in one of Andalusia’s prime coastal regions.
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
