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Andalucia, Malaga, Benalmádena, Spain

£3,458,800
€4,000,000
RightWay Properties Spain, Fuengirola
PROPERTY TYPE

Plot

SIZE

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Key features

  • Orientation: South
  • Views: Sea, Mountain

Description

Prime development land located in one of the most promising areas of the Costa del Sol. An excellent investment and residential development opportunity in Santangelo Norte, Benalmádena, a strategic location with strong demand and significant appreciation potential.

Plot specifications:
• Status: Fully urbanized development land
• Use: Residential / Commercial
• Plot size: 6,000 m²
• Building ratio: 0.9045 m²t/m²s
• Buildable area: 5,427.24 m²t
• Maximum occupancy: 70%
• Estimated development: 54 apartments (Ground Floor + 2) + commercial unit

The plot benefits from direct access to the A-7 motorway and is located only 15 minutes from Málaga International Airport, with excellent connections to Málaga city, Marbella, and the entire Costa del Sol.

Available infrastructure and utilities:
• Electricity supply
• Potable water
• Sewage system

Situated in a consolidated and rapidly growing area, surrounded by all key amenities:
• National and international schools
• Private hospitals and clinics within a 10 km radius
• Shopping centers, supermarkets, and restaurants nearby
• Beaches, marinas, and leisure areas just minutes away

Market overview:
Santangelo Norte has become one of the most attractive areas for developers and investors, recording approximately 15% market growth over the last five years. Strong national and international demand, combined with the limited availability of prime development land, makes this plot an outstanding investment opportunity.

Financial analysis and profitability:
• Estimated ROI: between 20% and 30% over 5 years
• Strong residential demand
• Excellent appreciation potential driven by  continuous  urban  and  tourism  development on the  Costa  del  Sol

An  ideal  opportunity for  developers and investors looking  to  create a  high-value residential  project  in  one  of  Málaga’s  fastest-growing  areas.

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Andalucia, Malaga, Benalmádena, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Málaga(International)
    7.5 miles
  • Gibraltar (North Front)(International)
    52.7 miles
  • Jerez(International)
    82.5 miles
  • Sevilla (San Pablo)(International)
    91.7 miles

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About RightWay Properties Spain, Fuengirola

Right Way Properties Spain, run by a UK team, helps international buyers find their dream home in sun-soaked Spain with a smooth, straightforward process - The Right Way.

Notes

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This is a property advertisement provided and maintained by RightWay Properties Spain, Fuengirola (reference R5396632) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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