Property details
- Property ID: CDS04229
- Price: € 4,000,000
- Plot Size: 6000m
- Built Size: N/A
- Terrace Size: N/A
- Property Type: Residential Plot
- Kitchen: N/A
- Pool: NO POOL
- Views: Sea Mountain
- Garden: NO GARDEN
- Parking: NO PARKING
- Security: N/A
Setting
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.
Property video
Location
- Area: Costa del Sol
- Town: Benalmadena
About:
Benalmádena (Spanish pronunciation: [benalˈmaðena]) is a town in Andalusia in southern Spain, 12 km west of Málaga, on the Costa del Sol between Torremolinos and Fuengirola.
Benalmádena is rich in attractive beaches and interesting places like the Colomares Castle, the 33-metre-tall Buddhist Benalmádena Stupa, the largest Buddhist stupa in Europe, the Benalmádena Marina and the Benalmádena Cable Car.
Benalmádena covers an area of just over 27 km2 that extends from the summits of the Sierra de Mijas to the sea, falling in some places as a cliff.
The territory is crossed from east to west on Highway A-7, which connects with the provincial capital and other centres of the Mediterranean coast.
With 61,383 inhabitants according to the INE census of 2010, Benalmádena is the eighth most populous municipality in the province and the third largest metropolitan area, behind Málaga and Torremolinos.
The population is concentrated in three main centers: Benalmádena Pueblo, Arroyo de la Miel and Benalmádena Costa, although the high urban growth and demographic tends to unify the three cores.
Benalmádena has been inhabited since prehistoric times.
Benalmádena experienced a remarkable development during the period of Muslim domination.
Its development was paralyzed after joining the Crown of Castile in 1485 due to various natural disasters and the intensity of the activity of privateers in the area.
The paper industry and vineyard cultivation reactivated the local economy during the 18th and 19th centuries.
In the early 21st century Benalmádena is one of the main tourist destinations on the Costa del Sol, with leisure facilities including an amusement park, two aquariums, a casino, a cable car and one of the largest marinas of Andalusia.