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Residential Plot in Málaga

Málaga, Málaga · Ref. R5065192

Bedrooms

baths

m² built

138

m² plot

Description

**GREAT Opportunity** The one of the last plots of land for residential development in the center of Malaga. A very interesting option to realize an intimate residential development. The initial project was about 240 meters and four apartments including two duplexes. The Trinidad district, which proposes many historical points on the map and because of the planned “Plaza - Puentes” development on the Gudalmedina River, is on the list for an investment injection by the city of Málaga to raise its values in the next 5 years. Ideal time to ‌invest ‌with ‌high ‌ROI. ‌A development ‌with a low ‌unit ‌cost ‌of ‌construction ‌implementation due to its simple ‌design and low-rise buildings ‌ia ‌also ‌with ‌potential ‌for ‌rental ‌business.

Features

✓Town
✓Close To Port
✓Close To Shops
✓Close To Sea
✓Close To Schools
✓Close To Marina
✓North East
✓South West
✓Urban
✓Street
✓Near Transport
✓Fiber Optic

Mortgage

Deposit30% · €117,000

Interest rate3.8%

Term20 yrs

Monthly payment€1,626€273,000 · total interest €117,167

Spanish banks typically lend non-residents 60–70% of the price, usually over max. 20–25 years. Rate: Euribor (3.25% Sep 2026) + bank margin. Indicative only.

Total purchase costs

Andalusia 2026 – taxes, fees and advice

Purchase price

€390,000

With mortgage

Transfer tax (ITP)7 %: €27,300
Notary: €780
Land Registry: €585
Lawyer (incl. 21 % IVA): €4,719
NIE, bank account, gestoría etc.: €500

Total costs · 8.7 % of the price€33,884

Total incl. costs€423,884

Indicative estimate – not a binding quote. 2026 Andalusian rates; actual fees depend on notary, bank and your situation. Always get a final estimate from your lawyer.