Vélez-Málaga, Andalusia, Spain
Residential Development Plot in Central Vélez-Málaga
€315,000
- 1
- Bedroom
- 1
- Bathroom
- Land
- Type
- 3 Sept 2026
- Listed
The Habio take
This 385 m² plot in Plaza Santa Cruz, Vélez-Málaga offers a prime opportunity for developers to create a residential apartment building. With its central location in Andalusia, this site is well-connected and promotes growth potential for future investments.
- investment
- new build
Highlights
- 385 m² development plot
- Potential for residential apartment building
- Central location in Vélez-Málaga
- Good connectivity for future residents
- Ideal for developers and investors
Worth knowing
- Requires development approval
- No existing residential infrastructure on site
Good fit for: Ideal for developers or investors looking for a project in a vibrant area.
Lifestyle scores
- Beach
- 40
- Walkable
- 65
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 30
- Value
- 80
About this place
This residential plot for sale in Plaza Santa Cruz measures 385 m² and presents an excellent opportunity for developers and investors. The site permits the construction of a residential apartment building consisting of a ground floor for parking, as well as first and second-floor apartments.
Located in Vélez-Málaga, the plot enjoys a central position in the town, making it well connected for future residents. This provides a promising avenue for a residential project in a desirable location.
Where you’ll be
Vélez-Málaga, 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
