Terreno Venta Málaga

Land for sale + project + license. The land is located in the middle of Carretería, a street currently being renovated, which will significantly increase its value within the historic center of Málaga.

The plot covers an area of 198.65 m², and the planned building is designed with a ground floor + 3 floors + attic. The space is distributed as follows:

- Ground floor: 159.54 m²
- First floor: 159.54 m²
- Second floor: 159.54 m²
- Third floor: 159.54 m²
- Attic floor: 120.84 m²

Totaling 759 m².

The ground floor would have a commercial space with access from both Carreterías street and Arcos de la Cabeza street. The first, second, and third floors each contain two apartments and one studio. Finally, the attic consists of a full apartment with a terrace on each facade. Therefore, a maximum of 10 residential units plus the commercial space can be built.

We have plans and the project available. The land is sold with the existing building to be demolished, along with the project and license. The final license is pending and, according to unofficial sources, should be ready within two to three months. The cultural authorities have just approved the project.

If there is genuine interest in the investment, we recommend requesting an appointment and any additional information needed. If the terms are accepted, a conditional deposit contract will be signed, contingent on obtaining the license. The license is in its final stage, and it is reasonable to expect it to be available within two to three months.

The recommendation for a conditional deposit contract is based on the fact that several investors are waiting for the license to close the purchase.

The price per square meter, once the pedestrianization of Carretería is completed and the new construction is finished, could reach around €6,000/m², which is a conservative estimate.