Discover a prime urban plot in El Palo, Málaga, perfect for residential or tourist development in a vibrant coastal neighbourhood. Ideal investment opportunity!
We are pleased to present this exclusive urban plot for development, situated in the highly desirable area of El Palo, Málaga. This vibrant neighbourhood is renowned for its excellent connectivity, making it easy to access the beach, leisure zones, schools, and commercial areas, ensuring a dynamic lifestyle for residents and visitors alike.
The plot spans 199 m² and features a generous 7.6-metre street frontage. Classified as CTP (Low + 1), it offers various development options, including a detached single-family home or a building accommodating up to three residential units. This makes it an ideal choice for families or investors seeking growth opportunities in a thriving area.
Additionally, the site presents an excellent investment prospect, with the potential to develop 7–8 tourist apartments, capitalising on the area's popularity. El Palo combines urban living with coastal charm, making it a sought-after location for both permanent residents and holidaymakers, enhancing its appeal for developers.
We encourage you to reach out for comprehensive advisory support, including architectural consultation, to help realise your vision for this prime land. Please note that in accordance with Decree 218/2005 of October 11th by the Junta de Andalucía, notary fees, registration costs, Land Transfer Tax (ITP), and other related expenses are not included in the listed price.
Furthermore, real estate agency fees of 2% plus VAT are applicable, and buyers are entitled to receive a copy of the corresponding Abbreviated Information Document (DIA) for the land. Don’t miss out on this exceptional opportunity in a thriving part of Málaga.
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