Plot in Malaga

Malaga · Costa del Sol
€5,000,000
84,883 m²plot
Plottype

Description

Residential or Commercial Land/Urbano Lot With Well, Electricity and its own Street Within – 84,883 sq meters in Prime Campanillas, Malaga, Location

Presenting an exciting development opportunity, this expansive 84,883-square-meter urbano/buildable land is ideally located in Campanillas, one of Málaga's fastest-growing areas. With easy access to main roads, including the A-7055, and having already street running through the property, this land is primed for housing/commercial development and offers unparalleled convenience and potential. This prime plot is zoned for low-intensity residential construction, making it perfect for creating a housing development that can meet the growing demand for homes in the region. With Málaga's rapid growth and increasing population, housing needs are expected to rise, making this land an excellent opportunity for residential development. Additionally, the plot is also suitable for commercial use, with the possibility of building a shopping center, a storage facility, office spaces, or other commercial structures. Given Campanillas' strategic location near Málaga's city center and the Parque Tecnológico de Andalucía (PTA) where further growth is expected, to include IMEC, a leading global semiconductor research institution which is establishing its second global headquarters in Málaga TechPark; Kadans Science Partner Investments which is investing €30 million in Málaga TechPark to develop NODE I, a 12,000-square-meter facility offering laboratories and offices scheduled to open by October 2025; not to mention Sermatec a Lithium Battery Factory and the Malaga-Marbella Train Extension, this area is in high demand for both residential and commercial developments, making the land a versatile investment for multiple project types. All projects mentioned will create additional jobs and thus housing in the area will be needed especially since Málaga is projected to require 12,000 new homes annually over the next five years to accommodate population growth and urbanization trends. This demand necessitates doubling current housing production, indicating significant opportunities for real estate development and land acquisition. Whether you're looking to build a residential community to meet the demand for housing or a commercial center to serve the expanding local population, this land offers the flexibility and strategic location to make your vision a reality. With Málaga's ongoing growth, Campanillas is becoming an increasingly attractive destination for developers and investors, and this land represents a rare opportunity to capitalize https://www-5.resales-online.com/live/ReSales/EditProperty/FormEditProperty.asp?P1=4915258&Lang=1&PageTab=5&DescTab=1&acc=saved&m=40175.91&Action=UpdateProperty#on that growth.

Specifications

Type
Plot
Plot area
~84,883 m²
Reference no.
772998

About Costa del Sol

The Costa del Sol stretches from Nerja to Sotogrande, with Marbella as its residential heart. The combination of 320 days of sun, international schools and good air connections via Málaga makes it the most established region for Northern European buyers. Prices are more stable than on other costas and the market is transparent.

Your consultant
Ed Bouterse
Ed Bouterse
Area manager · Costa del Sol

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