Engel & Völkers
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Buildable Urban Land in Tolox (Malaga) for residential use

€550,000
  • ~1,848 m² Plot surface

Description

Discover this incredible urban plot located in the town of Tolox. With an area of 1,849 m2 and a buildable area of more than 2,218 m2 divided between two floors (1,109 m2 x 2), this plot is perfect and a great opportunity for real estate developers and investors who want to start a solid construction in this area and who will see their profits increase in the short term due to a residential investment of this type, with low risk. Currently, on the plot, there is a house built in 1980 with 2 floors and 312 m2 which cannot be preserved if the new building route we propose is chosen. Classification: Consolidated urban land Applicable Regulations: Law 7/2021 (LISTA) + Decree 550/2022 Main Use: Single-family or Multi-family Residential. Permitted Typology: Detached, Semi-detached, or Grouped Houses. Proposed Typology: Grouped residential with a complete basement for parking and storage rooms, ground floor with independent dwellings, and first floor with flats/apartments. Blocks grouped in a row or in L-shape, with common access and rational distribution of the basement. The proposed development is for a grouped residential complex with 27 mixed-type dwellings, a complete basement for parking and storage rooms, and targeting national and international markets. 🔹 Proposed Distribution by Floors: Ground Floor (independent dwellings) Usable area available: 1,109 m² (60% occupancy) Area per dwelling: 70 m² Number of dwellings: 15 First Floor (flats/apartments) Usable area available: 1,109 m² (same as ground floor) Area per apartment: 90 m² Number of flats/apartments: 12 Basement (storage rooms + parking) Total area available: 1,849 m² (100% of the plot) Storage rooms: 1 per dwelling → 27 storage rooms Area per storage room: 10 m² Parking spaces: 2 per dwelling → 54 spaces Free spaces: 26 spaces Area per parking space: 12.5 m² Maximum number of spaces: 80
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Engel & Völkers Mijas

Your advisor: Fernando Nevado

Property ID: W-0472ZC

Property details
  • Object type

    Site

  • Plot surface

    ~1,848 m²

Location: Tolox, Andalusia

Located in the charming town of Tolox, this plot offers a great opportunity for real estate development in the heart of the Sierra de las Nieves. Tolox has a population of 2,394 inhabitants in 2024. Of these, 1,220 are men and 1,174 are women. The majority of the inhabitants (2,141) live in populated areas, while 253 reside in scattered settlements. Tolox has essential infrastructures and services. This white town has many local shops, supermarkets, bars, restaurants, a municipal sports center, and a municipal gym. Of course, it also has educational and health centers. Moreover, the proximity to Marbella, just 45 minutes by car, allows enjoying the best shops, restaurants, and beaches of the Costa del Sol. Málaga airport is only an hour's drive away and 25 minutes to Coín with its large supermarkets and shopping center. The real estate proposal for this plot has our positive assessment on various fronts: 🔹Strategic Assessment. Profitability: High density with demanded typology Target market: Families, second homes, rural tourism Regulations: Compatible with LISTA and consolidated environment 🔹 Competitive Advantages Consolidated urban plot with access to services. High building density with demanded typology. Estimated profitability exceeding 60%. Possibility of direct sale, tourist rental, or cooperative. Privileged natural environment (Sierra de las Nieves). 🔹 Commercial Strategy Positioning as a quality rural residential. Focus on second homes and active tourism. National and international commercialization (English version available). Possibility of sale in phases or by blocks.

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